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2025 DAILYLAW 14984 (KAR)

MR. G. N. CHANDRASHEKHAR v. THE AUTHORIZED OFFICER

WP/3188/2024 · 2025-03-10

M Nagaprasanna

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - NC: 2025:KHC:10164 WP No. 3188 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF MARCH, 2025 BEFORE THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 3188 OF 2024 (GM-RES) BETWEEN: 1. MR. G.N.CHANDRASHEKHAR S/O LATE NINGAPPA AGED ABOUT 55 YEARS 2. MRS. PADMASHRI CHANDRASHEKHAR W/O G.N.CHANDRASHEKAR AGED ABOUT 49 YEARS BOTH ARE R/AT NO.50 3RD CROSS, FIRST MAIN HARALUR MAIN ROAD ROYAL PLACID PHASE - 2 HSR LAYOUT, BENGALURU – 560 102. …PETITIONERS (BY SRI M.A.RAJENDRA, ADVOCATE) AND: THE AUTHORIZED OFFICER UNION BANK OF INDIA VIDYANAGARA BRANCH NO.54/1, CRM COMPLEX KOGILU MAIN ROAD MARUTHINAGAR, YELAHANKA BENGALURU – 560 064. …RESPONDENT Digitally signed by NAGAVENI Location: High Court of Karnataka - 2 - NC: 2025:KHC:10164 WP No. 3188 of 2024 THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH/SET ASIDE THE ENTIRE AUCTION PROCEEDINGS TO BE HELD ON 25.01.2024 BASED ON THE AUCTION SALE DTD 20.12.2023 ANNEXURE-A, SINCE THE MEASURES INITIATED BY THE RESPONDENT BANK ARE HIT BY SECTION 31 OF SARFAESI ACT. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE M.NAGAPRASANNA ORAL ORDER Learned counsel for the petitioners files a memo seeking permission to withdraw the petition. 2. The memo reads as follows: “MEMO FOR WITHDRAWAL It is respectfully submitted that, since the auction has not taken place hence the matter is rendered infructuous and hence prays to permit us to withdraw the petition as withdrawn. Hence, prays to dispose the matter as withdrawn and the same may be taken on record in the interest of justice and equity.” In terms of the memo, the writ petition is disposed as withdrawn. Sd/- (M.NAGAPRASANNA) JUDGE NVJ List No.: 1 Sl No.: 310