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2025 DAILYLAW 14100 (KAR)

M/S S K CONSTRUCTION v. BANK OF BARODA

WP/1422/2025 · 2025-01-21

R Devdas

body2025

Judgment text

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- 1 - NC: 2025:KHC:2522 WP No. 1422 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21ST DAY OF JANUARY, 2025 BEFORE THE HON'BLE MR JUSTICE R DEVDAS WRIT PETITION NO. 1422 OF 2025 (GM-RES) BETWEEN: 1. M/S S K CONSTRUCTION PROP.CHANDRAMMA AGED ABOUT 50 YEARS, R/A A12, 5TH MAIN ROAD, BEHIND AKASHVANI, YADVGIRI, MYSORE KARNATAKA-570020. 2. MR.K.SIDDAPPA S/O K MALLAIAH AGED ABOUT 56 YEARS R/A A12, 5TH MAIN ROAD, BEHIND AKASHVANI, YADVGIRI, MYSORE KARNATAKA-570020. …PETITIONERS (BY SRI. HRITHIK GOWDA K V., ADVOCATE) AND: BANK OF BARODA VIJAYANAGAR BRANCH, REP. BY ITS AUTHORIZED OFFICER/ CHEIR MANAGER MR. MARALA VIDYA SAGAR S/O M.NARAYANSWAMY AGED ABOUT 46 YEARS …RESPONDENT THIS W.P. IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO SET ASIDE / QUASH THE ENTIRE SARFESI PROCEEDINGS FILED BY THE RESPONDENT UNDER SECTION 14 OF THE SECURITISATION Digitally signed by DHARMALINGAM Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:2522 WP No. 1422 of 2025 AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 AND ORDER DATED 07/01/2025 VIDE ANNX-A1 BEFORE THE HONBLE I ADDL. SENIOR CIVIL JUDGE AND CJM AT MYSURU AND POSSESSION NOTICE DATED 17/12/2024 VIDE ANNX-B BEARING NO. REC.SARFAESI.NN.326.PN.2024-25 ISSUED BY THE RESPONDENT UNDER (ORD. 3 OF 2002) AND ETC. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE R DEVDAS ORAL ORDER Learned Counsel for the petitioners has filed a memo dated 21.01.2025 seeking leave of the Court to withdraw the petition on the ground that the petitioners are approaching the Debts Recovery Tribunal to redress their grievance. 2. The memo is taken on record, subject to all just exceptions. 3. Accordingly, the petition stands dismissed as withdrawn. Sd/- (R DEVDAS) JUDGE KLY CT: JL