Research › Search › Judgment

High Court of Karnataka · body

2025 DAILYLAW 70373 (KAR)

M/S LINK MARBLES AND GRANITES PVT LTD v. STATE BANK OF INDIA

WP/10639/2023 · 2025-11-11

Lalitha Kanneganti

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2025:KHC:45719 WP No. 10639 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF NOVEMBER, 2025 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 10639 OF 2023 (GM-DRT) BETWEEN: 1. M/s.LINK MARBLES AND GRANITES PVT. LTD., REGISTERED UNDER THE COMPANIES ACT, 1956, NO.99, DIAMOND NEST, 1ST FLOOR, FLAT NO.103, BDA MAIN N R COLONY AIRPORT ROAD BANGALORE-560 017 REP. BY ITS DIRECTOR GURUMEET SINGH MODI. 2. SRI GURUMEET SINGH MODI DIRECTOR, LINK MARBLE AND GRANITE PVT LTD., S/O D S MODI, NO. 45 AND 46 GEETHANJALI LAYOUT, HAL III STAGE NEW THIPPASANDRA, BENGALURU-560 075. 3. MRS. JASPREET KAUR MODI W/O GURMEET SINGH MODI AGED ABOUT 45 YEARS NO. 45 AND 46, GEETHANJALI LAYOUT HAL III STAGE, NEW THIPPASANDRA BENGALURU-560 075 …PETITIONERS (BY SRI. DHYAN CHINNAPPA SENIOR COUNSEL FOR SRI. NAGARAJA NAIDU A., ADVOCATE) Digitally signed by MEGHA MOHAN Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:45719 WP No. 10639 of 2023 AND: 1. STATE BANK OF INDIA MADAME CAMA ROAD, MUMBAI STRESSED ASSETS MANAGEMENT BRANCH BENGALURU-560 001 REP. BY ITS GENERAL MANAGER GV RAMAKRISHNA AGED 54 YEARS. 2. STATE BANK OF INDIA, STRESSED ASSET MANAGEMENT BANGALORE BRANCH 2ND FLOOR, OFFICE COMPLEX BUILDING, LOCAL HEAD OFFICE CAMPUS, NO.65, ST MARKS ROAD, BANGALORE-560 001. 3. AJAY SAROHA R/AT 11A/17, OLD RAJINDER NAGAR NEW DELHI-110 060. …RESPONDENTS (BY SRI. D. NARAYANA SWAMY, ADVOCATE FOR R1; R2 IS SERVED) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO ISSUE WRIT OF CERTIORARI QUASHING THE IMPUGNED POSSESSION NOTICE DATED 25.05.2023 VIDE ANNEXURE-A ISSUED BY THE R3, ON BEHALF OF RESPONDENT BANK AS BEING ILLEGAL AND IN CONTRAVENTION TO THE PROVISIONS OF LAW AND ETC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 3 - HC-KAR NC: 2025:KHC:45719 WP No. 10639 of 2023 ORAL ORDER A memo is filed by the learned counsel for petitioners seeking withdrawal of the petition. The memo is taken on record. Accordingly, the writ petition is dismissed as withdrawn. All I.As., in this writ petition shall stand closed. Sd/- _________________________ JUSTICE LALITHA KANNEGANTI SBN List No.: 1 Sl No.: 7