- 1 - HC-KAR NC: 2025:KHC:30933 WP No. 11927 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF AUGUST, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO.11927 OF 2024 (GM-DRT) BETWEEN: 1. M/S. PATANJALI CHIKISTASALAYA REPRESENTED BY PROPRIETOR (PROPRIETORY CO.) MR. M.R. KRISHNA RANGAIAH S/O M. RANGAIAH AGED ABOUT 50 YEARS 2. M. SREELAKSHMI W/O M.R. KRISHNA RANGAIAH AGED ABOUIT 40 YEARS PETITIONERS NO.1 AND 2 ARE RESIDENT OF T.S. NO.195/B1 BLOCK NO.9, CTS WARD NO.16, CORPORATION ASSESSMENT NO.34025/1B/1 8TH CROSS, RIGHT SIDE, M.VISHWESWARAIAH NAGAR, KAPPAL ROAD, BELLARY - 583 …PETITIONERS (BY SRI. H. VASANTH KUMAR, ADVOCATE) AND: 1. PUNJAB NATIONAL BANK CIRCLE OFFICE, 3RD FLOOR RS. NO.98/4, CENTRUM MALL, KRISHNAPUR VILLAGE, Digitally signed by VANAMALA N Location: High Court of Karnataka - 2 - HC-KAR NC: 2025:KHC:30933 WP No. 11927 of 2024 GOKUL ROAD, HUBLIE - 580030 REPORESENTED BY AUTHORISED OFFICER …RESPONDENT (BY SRI. NARAYANAPPA S R., ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE ORDERS DATED 28.03.24 PASSED IN SA 172/2024 PASSED IN SA 172/24 PASSED IN DEBT RECOVERY TRIBUNAL I BENGALURU ANNEXURE-E ISSUED BY SENIOR MANAGER/AUTHORIZED OFFICER AND TO QUASH THE SALE NOTICE DATED 31.01.24 PUBLISHED IN THE NEW INDIAN EXPRESS DATED 02.02.24 AT ANNEXURE-D. THIS PETITION COMING ON FOR ORDERS THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD ORAL ORDER The learned counsel for the petitioners has filed a memo, which reads as under: "Petitioner has filed the above said petition and the case is pending before this Hon'ble Court and the Petitioner is withdrawing the Petition with a liberty to approach the Debt Recovery Tribunal, Bengaluru Bench. Wherefore it is most Humbly Prays that This Hon'ble Court may kindly allow the Petitioner to withdraw the petition in the interest of justice and equity." - 3 - HC-KAR NC: 2025:KHC:30933 WP No. 11927 of 2024 In continuation, the learned counsel submits that this Court may dispose of the petition with liberty to the petitioner to approach the Debt Recovery Tribunal. The petition stands disposed of with liberty to the petitioner subject to all just exceptions in law. Sd/- (B M SHYAM PRASAD) JUDGE RB