- 1 - HC-KAR NC: 2025:KHC:20016 WP No. 16583 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF JUNE, 2025 BEFORE THE HON'BLE MR JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 16583 OF 2025 (GM-RES) BETWEEN: 1. M/S. SIDDIQUI INFRASTRUCTURE PARTNERSHIP FIRM REGISTERED UNDER THE PARTNERSHIP ACT, REPRESENTED BY ITS MANAGING PARTNER SHAFIQ SIDDIQUI, SON OF RA SIDDIQUI, AGED ABOUT 36 YEARS 2. MR. SHAFIQ SIDDIQUI, SON OF RA SIDDIQUI, AGED ABOUT 36 YEARS, SPA HOLDER 3. MR. MUBEENA ZAHRA, WIFE OF RA SIDDIQUI, AGED ABOUT 58 YEARS, ALL THE PETITIONERS ARE SITUATED AND RESIDING AT NO.355, 7TH CROSS, BANNIMANTAP C LAYOUT, MYSORE - 570 015 … PETITIONERS (BY SRI. SANDEEP LAHIRI., ADVOCATE) Digitally signed by PRAKASH N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:20016 WP No. 16583 of 2025 AND: 1. CANARA BANK BEGOLA BRANCH, NO. 4F, VIVEKANANDA NAGAR, CHIKKA MANDYA KERE MANDYA - 571 401 REPRESENTED BY ITS MANAGER … RESPONDENT (BY SRI. VINAY BHAT., ADVOCATE) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO a) ISSUE OF WRIT ORDER OR DIRECTION IN THE NATURE OF CERTIORARI OR ANY OTHER APPROPRIATE WRIT ORDER OR DIRECTION TO QUASH THE POSSESSION NOTICE DATED 08.04.2025 ISSUED BY THE RESPONDENT BANK UNDER THE PROVISIONS OF THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (SARFAESI ACT), PUBLISHED IN PRAJAVANI AND DECCAN HERALD NEWSPAPERS ON 09.04.2025 VIDE ANNEXURES A AND B 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 petitioners has filed a memo for withdrawal reading as hereunder: - 3 - HC-KAR NC: 2025:KHC:20016 WP No. 16583 of 2025 "That the petitioner may kindly be permitted to withdraw the petition as not pressed and the same may kindly be permitted in the interest of justice and equity." The memo is taken on record. 2. In light of the same, the petition is dismissed as not pressed. Liberty is reserved to take action against the impugned order. All contentions are kept open. Respondent-Bank is directed not to take precipitative steps for a period of one week. Sd/- (S SUNIL DUTT YADAV) JUDGE NP