SRI MOHAN KUMAR S v. TUMKUR GRAIN MERCHANTS CO-OPERATIVE BANK
WP/35444/2024 · 2025-01-30
R Devdas
body2025
DailyLaw.ai
[ 2025 DAILYLAW 37171 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 37171 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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NC: 2025:KHC:4362 WP No. 35444 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 30TH DAY OF JANUARY, 2025 BEFORE THE HON'BLE MR JUSTICE R DEVDAS WRIT PETITION NO. 35444 OF 2024 (GM-RES)
BETWEEN:
1.
2.
SRI MOHAN KUMAR S S/O LATE SRI SUBBARAYAN AGED ABOUT 63 YEARS PROPRIETOR OF M/S V.M. INDUSTRIES
SMT. BANUMATHI M W/O SRI. MOHAN KUMAR S AGED ABOUT 56 YEARS
BOTH ARE R/A NO.C-156, 2ND MAIN 4THC ROSS, RAMACHANDRAPURAM SRI RAMAPURAM, BENGALURU-560021. …PETITIONERS (BY SRI. PRASHANTH H S., ADVOCATE) AND:
TUMKUR GRAIN MERCHANTS CO-OPERATIVE BANK HAVING ITS ADMIN OFFICE AT B.H. ROAD TUMKUR-572103 AND ALSO HAVING A BRANCH AT WARD NO.109, 1ST FLOOR BVK IYENGAR ROAD CHIKKAPET MAIN RAOD CHIKKAPET, BENGALURU-560053. …RESPONDENT (BY SRI.K.V.LOKESH., ADVOCATE)
Digitally signed by DHARMALINGAM Location: HIGH COURT OF KARNATAKA
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NC: 2025:KHC:4362 WP No. 35444 of 2024
THIS W.P. IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE E-AUCTION SALE NOTICE DTD. 27.11.2024 BEARING NO.
TGMCB/SEC/73/2-24-25 ISSUED BY THE RESPONDENT HEREIN VIDE ANNX-A AND DIRECT THE RESPONDENT BANK TO PUT THE PETITIONERS IN POSSESSION AND ENJOYMENT OF THE SCHEDULED PROPERTY SUBJECT TO THE PETITIONERS MAKING TIMELY PAYMENTS TO CLEAR THE LOAN AMOUNTS PAYABLE TO THE RESPONDENTS AND ETC.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR JUSTICE R DEVDAS
ORAL ORDER
Interim
order was passed by this Court on 30.12.2024 subject to the condition that the petitioner shall deposit Rs.25,00,000/- on or before 09.01.2025 and a further sum of Rs.25,00,000/- on or before 30.01.2025.
2. No acknowledgement has been filed showing compliance of the orders passed by this Court.
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NC: 2025:KHC:4362 WP No. 35444 of 2024
3. Consequently, the writ petition stands dismissed.
Sd/- (R DEVDAS) JUDGE
JT/- CT: JL