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2025 DAILYLAW 80118 (KAR)

PARAVTHAMMA NARSHIMHAIAH CHARITABLE TRUST v. THE AUTHORIZED OFFICER

WP/17593/2025 · 2025-07-30

B M Shyam Prasad

body2025

Judgment text

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- 1 - HC-KAR NC: 2025:KHC:29427 WP No. 17593 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 30TH DAY OF JULY, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO. 17593 OF 2025 (GM-DRT) BETWEEN: 1. PARAVTHAMMA NARSHIMHAIAH CHARITABLE TRUST 412-4, BELAVADI BESIDE MIT ENGINEERING COLLEGE NAGOOVANAHALLI POST MANDYA KARNATAKA 571438. 2. MR. SOMASHEKARAIAH RAJENDRA S/O SOMASHEKARAIAH FLAT NO.G-7, GROUND FLOOR, D-4 3RD MAIN ROAD, YADAVAGIRI MYSORE 570020. 3. MRS. B G GEETHA W/O REJENDRA, FLAT NO.G-7, GROUND FLOOR, D-4 3RD MAIN RAOD, YADAVAGIRI MYSORE 570020. …PETITIONERS (BY SMT. TRISHA K.A., ADVOCATE FOR SRI. M A RAJENDRA.,ADVOCATE) AND: THE AUTHORIZED OFFICER M/S CLIX CAPITAL SERVICES PVT. LTD. REGISTERED OFFICE AGARAWAL CORPOPATE Digitally signed by VANAMALA N Location: High Court of Karnataka - 2 - HC-KAR NC: 2025:KHC:29427 WP No. 17593 of 2025 TOWER PLOT NO.23, 5TH FLOOR, GOVIND LAL SIKKA MARG RAJENDRA PLACE NEW DELHI 110008. …RESPONDENT (BY SMT. POONAM PATIL., ADVOCATE) THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO- I) MODIFY THE ORDER DATED 05.06.2025 IN SO FAR AS PASSING ORDERS BY THE PRESIDING OFFICER, HONBLE DRT-I AT BENGALURU IN IA. NO.1314/2025 IN SA. NO. 258/2025, WHICH IS SUBMITTED AS ANNEXURE-A. II) TO RESTORE THE POSSESSION WHICH WAS SEIZED BY THE RESPONDENT BANK ON 13.05.2025 BASED ON THE ORDER PASSED BY THE CJM AT MANDYA, WHICH HAS RENDERED INFRUCTUOUS; III) TO DIRECT THE DRT-I AT BENGALURU TO DISPOSE THE MATTER ON THE MERITS AND ON QUESTION OF LAW. THIS PETITION, COMING ON FOR FRESH MATTERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD - 3 - HC-KAR NC: 2025:KHC:29427 WP No. 17593 of 2025 ORAL ORDER The learned counsel for the petitioners submits that the petition is rendered infructuous. Hence, the petition stands disposed of as having become infructuous. Sd/- (B M SHYAM PRASAD) JUDGE SA ct:sr