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2025 DAILYLAW 35594 (KAR)

M/S NISHI FOREX AND LEISURE PVT LTD., v. THE AUTHORISED OFFICER OF

WP/31345/2024 · 2025-02-07

R Devdas

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - NC: 2025:KHC:5693 WP No. 31345 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 7TH DAY OF FEBRUARY, 2025 BEFORE THE HON'BLE MR JUSTICE R DEVDAS WRIT PETITION NO. 31345 OF 2024 (GM-RES) BETWEEN: M/S. NISHI FOREX AND LEISURE PVT LTD., REGD. UNDER COMPANIES ACT 2013 REP BY ITS DIRECTOR AND AUTHORIZED SIGNATORY SRI RAMA CHANDRA S/O KUPPANNA AGED ABOUT 48 YEARS HAVING ITS OFFICE AT NO 536, GROUND FLOOR, AMAR JYOTHI LAYOUT, DOMLUR 100 FEET INTERMEDIATE RING ROAD, BANGALORE – 560071. …PETITIONER (BY SRI.SHARANADEEP., ADVOCATE) AND: 1. THE AUTHORISED OFFICER OF CANARA BANK ADMINISTRATIVE OFFICE ARM BRANCH - II 2ND FLOOR, CIRCLE OFFICE, SPENCER TOWERS, NO 86, M G ROAD, BENGALURU - 560001. Digitally signed by KRISHNAPPA LAXMI YASHODA Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:5693 WP No. 31345 of 2024 2. SMT ARUNA A D/O ANANTHA R/AT NO 46, SORAHUNASE ROAD, VARTHUR ADJACENT TO GRANDEUR PARK APARTMENTS, BANGALORE – 560087. 3. SRI ANANTHA S/O LATE DODDATHIPPANNA R/AT NO 46, SORAHUNASE ROAD, VARTHUR ADJACENT TO GRANDEUR PARK APARTMENTS, BANGALORE – 560087. 4. SMT RENUKA W/O ANANTHA R/AT NO 46, SORAHUNASE ROAD, VARTHUR ADJACENT TO GRANDEUR PARK APARTMENTS, BANGALORE – 560087. …RESPONDENTS (BY SRI.K.V.LOKESH., ADVOCATE FOR R1) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASHING THE SALE NOTICE DATED 29/10/2024 ISSUED BY THE R1 IS HEREIN PRODUCED AS ANNEXURE-A AND GRANT AN INTERIM PRAYER TO STAY SALE NOTICE DATED 29/10/2024 ISSUED BY THE R1 IS HEREIN PRODUCED AS ANNEXURE-A. THIS WRIT PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 3 - NC: 2025:KHC:5693 WP No. 31345 of 2024 CORAM: HON'BLE MR JUSTICE R DEVDAS ORAL ORDER The petitioner and the learned Counsel for the petitioner have filed a memo dated 31.01.2025, seeking leave of this Court to withdraw the writ petition as not pressed and to approach the Debts Recovery Tribunal to redress the grievance of the petitioner. 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 Accordingly, the writ petition stands dismissed as withdrawn, while reserving liberty to the petitioner as prayed for. 4. Pending I.As., stand disposed of. Sd/- (R DEVDAS) JUDGE DL CT: JL