- 1 - HC-KAR NC: 2025:KHC:18876 WP No. 11417 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF JUNE, 2025 BEFORE THE HON'BLE MR JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 11417 OF 2025 (GM-RES) BETWEEN: 1. TUMKUR MERCHANTS CREDIT CO-OPERATIVE LIMITED, HAVING ITS REGISTERED OFFICE AT VEERASHAIVA KALYANA MANTAPA BUILDING, JAYACHAMARAJENDRA ROAD, TUMKUR-572 101 REPRESENTED BY ITS CHIEF EXECUTIVE OFFICER … PETITIONER (BY SRI. KUSHALAPPA B M., ADVOCATE) AND: 1. STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT BRANCH (SAMB), 2ND FLOOR, OFFICE COMPLEX BUILDING, SBI LHO CAMPUS, NO.65, ST MARKS ROAD, BENGALURU-560 001 REPRESENTED BY ITS AUTHORISED OFFICER 2. M/S SHANKAR MALL, NO. 4309/32, SIRA ROAD, SIRA GATE, NEXT TO MARUTI SHOWROOM, Digitally signed by VIJAYA P Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:18876 WP No. 11417 of 2025 TUMKUR-572 101 KARNATAKA REPRESENTED BY ITS PARTNER MR T.K.RAMESH BABU S/O G B KRISHNAIAH 3. M/S SHANKAR RICE INDUSTRIES, NO. 4309, SIRA ROAD, SIRA GATE, TUMKUR-572 101 REPRESENTED BY ITS PARTNER T.K.RAMESH BABU S/O G.B.KRISHNAIAH … RESPONDENTS (BY SRI. K V OMPRAKASH., ADVOCATE FOR C/R1) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE E- AUCTION SALE ON 16/04/25 TO BE CONDUCTED AS PER THE PAPER PUBLICATION PUBLISHED IN DAILY NEWS PAPER "THE HINDU" DATED 14/03/2025 ISSUED BY THE R1 VIDE NO. NIL, 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 S SUNIL DUTT YADAV ORAL ORDER Learned counsel for respondent No.1 submits that the relief sought for does not survive for consideration as the auction was conducted and there are no successful bidders. It is further submitted that fresh proceedings would be taken by the Bank as per law. - 3 - HC-KAR NC: 2025:KHC:18876 WP No. 11417 of 2025 In light of such stand, the petition is disposed off as not calling for any adjudication. All legal contentions are kept open Sd/- (S SUNIL DUTT YADAV) JUDGE VP