Extracted from the PDF above. The PDF is authoritative.
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NC: 2025:KHC:4957 WP No. 11155 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF FEBRUARY, 2025 BEFORE THE HON'BLE MR JUSTICE R DEVDAS WRIT PETITION NO. 11155 OF 2024 (GM-RES)
BETWEEN:
1.
SRI. ABDUL ALEEM S/O ABDUL NAYEEM, AGED ABOUT 53 YEARS, PROPRIETOR OF M/S PRIME MARKETING R/A 33/2, 9TH CROSS, H SIDDAIAH ROAD, SUDHAMANAGAR, BENGALURU 560027.
AND AT NO.22 RAHUL FURNITURE BUILDING, LADY CRUZON ROAD, NEAR BOWRING HOSPITAL, TASKER TOWN SHIVAJI NAGAR, BENGALURU 560001.
AND ALSO AT FLAT NO.4/5, MM LAYOUT, KAVAL BAI SANDRA, BEHIND INDIA OIL PETROLEUM BUNK BENGALURU NORTH R T NAGAR, KARNATAKA 560032
2.
FARHA NAAZ W/O ABDUL ALEEM, AGED ABOUT 40 YEARS, R/A 3/2, 9TH CROSS, H SUDHAMANAGAR SIDDAIAH BANGALORE KARNATAKA 560027,
Digitally signed by KRISHNAPPA LAXMI YASHODA Location: HIGH COURT OF KARNATAKA
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NC: 2025:KHC:4957 WP No. 11155 of 2024
AND AT NO.22 RAHUL FURNITURE BUILDING, LADY CRUZON ROAD, NEAR BOWRING HOSPITAL, TASKER TOWN SHIVAJI NAGAR, BENGALURU 560001.
AND ALSO AT FLAT NO.4/5, MM LAYOUT, KAVAL BAI SANDRA, BEHIND INDIAN OIL PETROLEUM BUNK BENGALURU NORTH R T NAGAR, KARNATAKA 560032 …PETITIONERS (BY SRI. NARAYANA SWAMY M., ADVOCATE) AND:
1.
INDUSIND BANK LIMITED REP BY AUTHROISED OFFICER DEPUTY VICE PRESIDENT FINANCIL RECONSTRUCTION GROUP RESTRUCTURING AND RECONSTRUCTION GROUP, NO.1-10-72 3RD FLOOR, ASHOKA JANARDANA CHAMBERS, BEGUMPET HYDERABAD, TELANGANA STATE 500016
2.
AUTHORIZED OFFICER INDUSIND BANK LIMITED FINANCIAL RESTRUCTURING AND RECONSTRUCTION GROUP, NO.1-10-72 3RD FLOOR, ASHOKA JANARDANA CHAMBERS, BEGUMPET HYDERABAD, TELANGANA STATE 500016 …RESPONDENTS
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NC: 2025:KHC:4957 WP No. 11155 of 2024
THIS W.P. IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO CALL FOR THE ENTIRE RECORDS IN PERTAINING TO POSSESSION NOTICE ISSUED UNDER SECTION 13(4) OF THE SARFAESI ACT BY THE RESPONDENTS DATED 14/03/2024 AND QUASH THE POSSESSION NOTICE ISSUED UNDER SECTION 8(1) OF THE SARFAESI ACT BY THE RESPONDENTS DATED 14/03/2024, AND POSSESSION OF THE SECURED ASSETS UNDER SECTION 13(4) OF THE SARFAESI ACT DATED 15/03/2024 UNDER ANNEXURE-A AND A1 AND ETC.
THIS PETITION, COMING ON FOR ORDERS, 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 11.06.2024, seeking leave of this Court to withdraw the writ petition and to approach the Debts Recovery Tribunal to redress the grievance of the petitioners.
2. The memo is taken on record subject to all just exceptions.
3. Accordingly, the writ petition stands dismissed as withdrawn, while reserving liberty to the petitioners to approach the Debts Recovery Tribunal.
Sd/- (R DEVDAS) JUDGE DL