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2025 DAILYLAW 21512 (KAR)

M/S. VINAYAKA INDUSTRIES v. STATE BANK OF INDIA

WP/8393/2025 · 2025-04-02

M Nagaprasanna

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - NC: 2025:KHC:13847 WP No. 8393 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 2ND DAY OF APRIL, 2025 BEFORE THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 8393 OF 2025 (GM-RES) BETWEEN: 1. M/S. VINAYAKA INDUSTRIES PLOT NO 5A, 5B, 5E2 AND 5F1 SY. NO. 124 AND 125 DASARAHOSAHALLI VILLAGE ROBERTSON PET HOBLI BANGARPET TALUK KOLAR DISTRICT – 563 114. BY PARTNERS SRI T.R.SUPRETH S/O SRI T.S.RAVI KUMAR AGED ABOUT 34 YEARS PARTNER M/S. VINAYAKA INDUSTRIES 2. SMT. T.R.KALPANA W/O T.S.RAVI KUMAR AGED ABOUT 56 YEARS RESIDING AT PARTNER M/S. VINAYAKA INDUSTRIES BOTH ARE RESIDING AT NO.1205, CORONATION ROAD BANGARPET – 563 114 KOLAR DISTRICT. …PETITIONERS (BY SRI CHANDRASHEKAR L., ADVOCATE) Digitally signed by NAGAVENI Location: High Court of Karnataka - 2 - NC: 2025:KHC:13847 WP No. 8393 of 2025 AND: STATE BANK OF INDIA STRESSED ASSETS RECOVERY BRANCH NO.11/90, 3RD FLOOR OPP: TRUST WELL HOSPITAL J.C.ROAD, BENGALURU - 560 002. REPRESENTED BY AUTHORIZED OFFICER AND CHIEF MANAGER. …RESPONDENT (BY SRI FRANCIS XAVIER, ADVOCATE FOR C/R) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE SALE NOTICE DATED 4/3/2025, VIDE TENDER NO. SBI/SARB/GB/2024-25/100, ONLY IN SO FAR AS IT RELATES TO MOVABLE ASSETS (PLANTAND MACHINERY) ISSUED BY THE RESPONDENT PRODUCED AT ANNEXURE-A AND ETC., 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 petitioner seeks leave of this Court to withdraw the petition. 2. In the light of the submission, the writ petition is disposed as withdrawn. Sd/- (M.NAGAPRASANNA) JUDGE NVJ List No.: 1 Sl No.: 27 CT:SS