ZANN COMMIDITIES PVT LTD v. STATE BANK OF TRAVANCORE
WP/33955/2024 · 2025-07-15
S Sunil Dutt Yadav
body2025
DailyLaw.ai
[ 2025 DAILYLAW 55876 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 55876 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2025:KHC:26048 WP No. 33955 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF JULY, 2025 BEFORE THE HON'BLE MR. JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 33955 OF 2024 (GM-RES) BETWEEN:
ZANN COMMIDITIES PVT LTD A PRIVATE LIMITED COMPANY HAVING ITS REGISTERED OFFICE AT D. NO. 3-31-2579-1, VASANTH NIVAS NEAR BUNTS HOSTEL MANGALOORU-575 003 REPRESENTED BY ITS MANAGING DIRECTOR T.A. HAQ ASSADI …PETITIONER (BY SRI. M.VINAYA KEERTHY, ADVOCATE) AND:
1.
STATE BANK OF TRAVANCORE PB 19, NEW MILAGRES MANSION HAMPANAKATTA, MANGALOORU - 575 001 REPRESENTED BY ITS CHIEF MANAGER
2.
MELIORA ASSETS RECONSTRUCTION CO.
NO.503, MAYFAIR GARDEN, ROAD-12 BANJARA HILLS, HYDERABAD - 500 034 REPRESENTED BY ITS CHIEF MANAGER …RESPONDENTS (BY SRI. VINAY SWAMY & MALINI VINAY, ADV. FOR C/R2)
Digitally signed by PRAKASH N Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2025:KHC:26048 WP No. 33955 of 2024
THIS W.P. IS FILED UNDER ARTICLE 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED LETTER DTD. 19.11.2024 (ANNX-A) ISSUED BY THE RECOVERY OFFICER, DEBTORS RECOVERY TRIBUNAL PERMITTING THE R- 2 TO TAKE POSSESSION OF THE PETITIONERS DIRECTORS RESIDENTIAL PROPERTY i.e.LANDS IN RS NO. 305 AND TS NO.
614, MEASURING 40 CENTS, SITUATED AT THOTA VILLAGE, MANGALOORU TALUK WITHIN THE LIMITS OF MANGALADEVI WARD OF MANGALOORU CITY CORPORATION, DAKSHINA KANNADA DISTRICT 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 the petitioner has filed a memo which reads as hereunder:
"The undersigned counsel for the Petitioner submits that the petitioner is seeking liberty to withdraw the petition as infructuous, kindly accept the same in the interest of justice and equity".
In light of the same, petition is dismissed as having become infructuous.
Sd/- (S SUNIL DUTT YADAV) JUDGE
DHA List No.: 2 Sl No.: 27