- 1 - HC-KAR NC: 2025:KHC:22253 WP No. 17948 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25TH DAY OF JUNE, 2025 BEFORE THE HON'BLE MR JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 17948 OF 2025 (GM-RES) BETWEEN: 1. M/S NAPANDA ESTATES PRIVATE LIMITED A PVT LTD COMAPNY INCORPORATED UNDER COMPANIES ACT 2013 NO 1823/1238/100/3 8TH CROSS, SECTOR A AMRUTHANAGAR, BANGLAORE 560092 REPRESETNED BY ITS DIRECTOR SRI MUTHAPPA N M AND SRI MUDDAPPA N M. 2. SRI. MUTHAPPA.N.M, S/O SRI. MUTHANNA.N.S, AGED ABOUT 50 YEARS, R/AT NO.11, SIDDALINGAPURA VILLAGE, KUSHALANAGARA TALUK, KODAGU DISTRICT-571234. 3. SRI MUDDAPPA N M S/O SRI. MUTHANNA.N.S, AGED ABOUT 50 YEARS, R/AT NO.35, 12TH CROSS 'C' ROAD, IDEAL HOMES, RAJARAJESHWARI NAGARA, BANGALORE-560098. 4. SMT DEEPA B K M W/O SRI. MUTHAPPA.N.M, AGED ABOUT 47 YEARS, R/AT NO.11, SIDDALINGAPURA VILLAGE, KUSHALANAGARA TALUK, KODAGU DISTRICT-571234. …PETITIONERS (BY SRI. H V MANJUNATHA, ADVOCATE) Digitally signed by VIDYA G R Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:22253 WP No. 17948 of 2025 AND: 1. CANARA BANK ASSET RECOVERY & MANAGEMENT BRANCH (ARM BRANCH), CANARA BANK BUILDING, HAMPANKATTA, BALMATTA ROAD, MANGALURU, KARNATAKA 575001 REPRESENTED BY ITS AUTHORISED OFFICER/MANAGER …RESPONDENT (BY SRI. K V LOKESH., ADVOCATE FOR C/RESPONDENT) THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH IMPUGNED SALE NOTICE ISSUED UNDER SECTION 13 (4) OF SARFASEI ACT, 2002 READ WITH RULE 8(6) OF THE SECURITY INTEREST (ENFORCEMENT) RULES 2002 NO. ARM/MNG.F565/151/2025- 26 DATED 04.06.2025 IN RESPECT OF PETITIONERS PROPERTY AS PER ANNEXURE -A BY THE RESPONDENT BY ALLOWING IN THIS WP. 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-Bank has filed a memo reading as hereunder: "The undersigned counsel appearing for respondent herein submits that the petitioner challenge the sale notice dated 04.06.2025 but sale notice has been withdrawn by the respondent - 3 - HC-KAR NC: 2025:KHC:22253 WP No. 17948 of 2025 Bank as the petitioner deposited substantial amount towards loan dues. Hence this petition is rendered infructuous. Memo be taken on record in the interest of justice and equity." 2. In light of the memo and submission of the learned counsel for respondent-Bank, the matter does not call for any adjudication. 3. Accordingly, the petition is disposed off as not calling for any adjudication. Sd/- (S SUNIL DUTT YADAV) JUDGE NP