VEDHA ENGINEERS AND CONTRACTORS PRIVATE LIMITED v. KARNATAKA BANK LTD
WP/22893/2025 · 2025-08-14
B M Shyam Prasad
body2025
DailyLaw.ai
[ 2025 DAILYLAW 78554 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 78554 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2025:KHC:31492 WP No. 22893 of 2025
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 14TH DAY OF AUGUST, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO. 22893 OF 2025 (GM-RES)
BETWEEN:
1.
VEDHA ENGINEERS AND CONTRACTORS PRIVATE LIMITED REGISTERED UNDER THE COMPANIES ACT, 1999 HAVING OFFICE AT NO.14B, GROUND FLOOR, VEDHA TOWERS, MALLATHAHALLI, KENGUNTE CROSS, BENGALURU - 560056.
REP BY ITS MANAGING DIRECTOR SRI. MADHUKESHWARA G M.
2.
SRI. MADHUKESHWARA G M S/O LATE. MAHADEVAPPA G, AGED ABOUT 51 YEARS, R/AT 3RD FLOOR, HOUSE NO.14 AND 15, VEDHA TOWER, MALLATHAHALLI, KENGUNTE CROSS, BENGALURU 560056. …PETITIONERS (BY SRI. SHARATH S GOWDA.,ADVOCATE)
AND:
KARNATAKA BANK LTD ASSET RECOVERY MANAGEMENT BRANCH, 1ST FLOOR, FKCCI BUILDING, KG ROAD, BENGALURU 560009.
Digitally signed by VANAMALA N Location: High Court of Karnataka
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HC-KAR NC: 2025:KHC:31492 WP No. 22893 of 2025
REP BY ITS ASSISTANT GENERAL MANAGER. …RESPONDENT (BY SRI.K.V. SHYAMAPRASADA .,ADVOCATE)
THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE E-AUCTION SALE NOTICE DATED 07.07.2025 WITH RESPECT TO THE PETITION SCHEDULE PROPERTY VIDE ANNX-A IN SO FOR PETITIONERS.
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:
It is submitted that in the instant petition the petitioner has challenged the impugned sale notice dated 07.07.2025 as the auction has not taken place on the scheduled date. In view of auction has not taken place, the prayer sought in the present Writ Petition does not survive for
consideration, hence this Hon'ble Court may be pleased to dismiss the above
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HC-KAR NC: 2025:KHC:31492 WP No. 22893 of 2025
petition as withdrawn reserving liberty to approach the competent forum if the fresh notice has issued in future by the Respondent Bank in the interest of justice and equity.
As such, the petition stands dismissed as withdrawn.
Sd/- (B M SHYAM PRASAD) JUDGE
SA ct:sr