M/S VISHAL STEEL TUBES v. CFM ASSET RECONSTRUCTION PRIVATE LIMITED
WP/11559/2023 · 2025-10-15
E S Indiresh
body2025
DailyLaw.ai
[ 2025 DAILYLAW 86159 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 86159 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
- 1 -
HC-KAR NC: 2025:KHC:40779 WP No. 11559 of 2023
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF OCTOBER, 2025 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH WRIT PETITION NO.11559 OF 2023 (GM-RES) BETWEEN:
1.
M/S VISHAL STEEL TUBES REP. BY ITS PROPRIETOR.
SRI GULSHAN KUMAR RAWAL NO.16, 100 FEET ROAD-RING ROAD, MUNNESHWARA FARM, PANTHRAPALYA, MYSORE ROAD, BENGALURU -560026. …PETITIONER (BY SMT. VEENA BHAT, ADVOCATE - ABSENT)
AND:
1.
CFM ASSET RECONSTRUCTION PRIVATE LIMITED CORPORATE OFFICE 1ST FLOOR, WAKEFIELD HOUSE, SPROTT ROAD, BELLARD ESTATE, MUMBAI-400038, HAVING ITS REGISTERED OFFICE.
BLOCK NO. A/1003, WEST GATE, NEAR YMCA CLUB, SY. NO.835/1 PLUS 3, S.G. ROAD, MAKARBA, AHMEDABAD-380051.
REPRESENTED BY ITS AUTHORIZED OFFICER.
Digitally signed by ARUNKUMAR M S Location: HIGH COURT OF KARNATAKA
- 2 -
HC-KAR NC: 2025:KHC:40779 WP No. 11559 of 2023
2.
THE AUTHORIZED OFFICER AND MANAGER ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED (ARCIL) REGD. OFF. 10TH FLOOR, THE RUBY, 29, SENAPATI MARG, DADAR(WEST) MUMBAI-400068.
THROUGH BRANCH OFFICE AT NO. 305, 4TH FLOOR, VISHISTA ARCADE, NO.2243, 23RD CROSS, BANASHANKARI 2ND STAGE, BENGALURU - 560 070. …RESPONDENTS
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO RESTRAIN THE RESPONDENTS FROM ALL SARFAESI PROCEEDINGS BY STAYING THE OPERATIONS OF THE POSSESSION NOTICE DATED 08.06.2022 BY THE RESPONDENT NO.1 AND THE PROCESS ON UNLAWFUL CRL. MISC.
PETITION/ APPLICATION NO.803/2023 BY THE HONBLE COURT OF XXXII ADDITIONAL CHIEF METROPOLITAN MAGISTRATE AT BENGALURU FILED BY THE RESPONDENT NO.2 TOGETHER WITH ISSUING APPROPRIATE DIRECTIONS TO THE RESPONDENT/S.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
- 3 -
HC-KAR NC: 2025:KHC:40779 WP No. 11559 of 2023
CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH
ORAL ORDER
No representation on behalf of the petitioner.
The office objections have not been complied with for the eighth time.
Accordingly, the Writ Petition is dismissed.
SD/- (E.S.INDIRESH) JUDGE
sac List No.: 1 Sl No.: 5