SRI. C. N. MALLIKARJUNA REDDY v. UNION BANK OF INDIA
WP/13684/2025 · 2025-06-19
S Sunil Dutt Yadav
body2025
DailyLaw.ai
[ 2025 DAILYLAW 26151 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 26151 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2025:KHC:21343 WP No. 13684 of 2025
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19TH DAY OF JUNE, 2025 BEFORE THE HON'BLE MR JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 13684 OF 2025 (GM-RES) BETWEEN:
1.
SRI. C. N. MALLIKARJUNA REDDY S/O LATE SRI CN BHEEMA REDDY AGED ABOUT 56 YEARS SITE NO. 59, OLD NO. 54/1 S.NO.S 30 AND 41, 3RD CROSS, 515 COLONY HAL 60 FEET ROAD, DEFENCE ROAD INDIRA NAGAR, BANGALORE 560 075. …PETITIONER (BY SMT. SANDHYA U. PRABHU., ADVOCATE) AND:
1.
UNION BANK OF INDIA THE ASSETS RECOVERY BRANCH, NO.249/3RT, 1ST FLOOR MAIN ROAD S.R.NAGAR, HYDERABAD REPRESENTED BY ITS AUTHORIZED OFFICER/MANAGER.
2.
M/S GSSMR ENERGY PRIVATE LIMITED REGISTERED UNDER COMPANIES ACT 1993 REGD. OFFICE NO.3155, 1ST FLOOR HAL 2ND STAGE, INDIRA NAGAR, BANGALORE 560 038 REPRESENTED BY ITS MANAGING DIRECTOR. …RESPONDENTS (BY SRI. VIGNESH SHETTY., ADVOCATE FOR R1)
THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASHING THE
ORDER PASSED IN SA NO. 175 OF 2025 PASSED BY THE HONOURABLE DRT-2 HYDERABAD DTD-24.04.2025 PRODUCED
Digitally signed by VIDYA G R Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2025:KHC:21343 WP No. 13684 of 2025
AS ANNEXUR-C PASSED IN SA NO.175 OF 2025 PASSED BY THE HONOURABLE DRT-2.
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
The petitioner has sought for setting aside of the order passed in S.A.No.175/2025 passed by the Debt Recovery Tribunal-II at Hyderabad.
2. It is submitted that this court had granted an interim
order and an amount of Rs.1,00,00,000/- (Rupees One Crore only) has been paid in terms of the interim order dated
02.05.2025.
3. Learned Counsel Sri.Vignesh Shetty appearing for the respondent-Bank submits that the petition is not maintainable within the jurisdiction of this court as the order is passed by the Debt Recovery Tribunal-2 at Hyderabad. It is further submitted that there has been an auction and the auction purchaser has paid the entire amount.
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HC-KAR NC: 2025:KHC:21343 WP No. 13684 of 2025
4. However, taking note of the fact that the order is passed by the Debt Recovery Tribunal-II at Hyderabad, apart from territorial jurisdiction, petitioner is required to take appropriate steps in terms of Section 18 or seek for other reliefs as is permissible in the proceedings before the Debt Recovery Tribunal-2 at Hyderabad.
5. Accordingly, the petition is disposed off without entering into adjudication in light of the observations made at paragraph no.4. All contentions are kept open.
Sd/- (S SUNIL DUTT YADAV) JUDGE
NP