M/S SUKIRA BUILDTECH v. THE ASSISTANT GENERAL MANAGER AND AUTHORIZED OFFICER
WP/27643/2024 · 2025-12-16
Lalitha Kanneganti
body2025
DailyLaw.ai
[ 2025 DAILYLAW 87617 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 87617 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2025:KHC:53684 WP No. 27643 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 16TH DAY OF DECEMBER, 2025 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 27643 OF 2024 (GM-DRT)
BETWEEN:
1.
M/S SUKIRA BUILDTECH A REGISTERED PARTNERSHIP FIRM HAVING ITS OFFICE AT KHATHA NO.19, 18, S GOLLAHALLI, CHIKKANAHALLI POST, TAVAREKERE HOBLI, BANGALORE SOUTH TALUK BANGALORE 562 130 REPRESENTED BY ITS PARTNERS.
2.
SRI SUNIL KUMAR K AGED ABOUT 35 YEARS S/O SRI KRISHNE GOWDA PARTNERS OF M/S SUKIRA BUILDTECH RESIDING AT NO.5/1 CHOWDESHWARI NILAYA 2ND MAIN, NEAR SSVP CONVENT, BYATARANAPURA MYSORE ROAD BANGALORE 560026
3.
SRI RANJITH S AGED ABOUT 35 YEARS S/O SRI SRINIVAS PARTNER OF M/S SUKIRA BUILDTECH RESIDING AT NO.71 THALAGAVARA VILLAGE KAIWARA HOBLI
Digitally signed by MEGHA MOHAN Location:
HIGH COURT OF KARNATAKA
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HC-KAR NC: 2025:KHC:53684 WP No. 27643 of 2024
CHIINTAMANI, CHIKKABALLAPUR - 563 125
4.
SRI KIRAN KUMAR G N AGED ABOUT 35 YEARS S/O LATE NAGARAJU G B PARTNER OF M/S SUKIRA BUILDTECH RESIDING AT ATHULYAM NEAR GOVT SCHOOL S GOLLAHALLI CHIKKANAHALLI POST TAVAREKERE HOBLI BANGALORE SOUTH TALUK BANGALORE-562 130
5.
SMT VIJAYALAKSHMI AGED ABOUT 64 YEARS W/O LATE NAGARAJU G B RESIDING AT ATHULYAM NEAR GOVT SCHOOL S GOLLAHALLI, CHIKKANAHALLI POST TAVAREKERE HOBLI BANGALORE SOUTH TALUK BANGALORE - 562 130. …PETITIONERS (BY SRI. MUJTABA H., ADVOCATE) AND:
1.
THE ASSISTANT GENERAL MANAGER AND AUTHORIZED OFFICER KARNATAKA BANK LIMITED ASSET RECOVERY MANAGEMENT BRANCH FIRST FLOOR, FKCCI BUILDING, KEMPEGOWDA ROAD BANGALORE-560009 …RESPONDENT (BY SRI.K.V.SHYAMAPRASADA, ADVOCATE)
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HC-KAR NC: 2025:KHC:53684 WP No. 27643 of 2024
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO CALL FOR THE ENTIRE RECORDS LEADING TO THE ISSUANCE OF THE IMPUGNED SALE NOTICE DTD. 20.09.2024 VIDE ANNX-A AND AFTER PERUSAL TO ISSUE A WRIT OF CERTIORARI, OR ANY APPROPRIATE WRIT, ORDER OR DIRECTION, QUASHING THE IMPUGNED E-AUCTION SALE NOTICE DTD. 20.09.2024 VIDE ANNX-A ISSUED BY THE RESPONDENT BANK PURPORTEDLY UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 READ WITH PROVISO TO RULE 8(6)/ RULE 9(1) OF THE SECURITY INTEREST (ENFORCEMENT) RULES 2002 AND ETC.,
THIS PETITION, COMING ON FOR ORDERS, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI
ORAL ORDER
A memo is filed by the learned counsel for the petitioners seeking to withdraw the writ petition. It is stated that the petitioners have discharged the entire loan and the loan account is closed. The petition schedule property is released from mortgage and a cancellation deed dated 15.11.2025 was
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HC-KAR NC: 2025:KHC:53684 WP No. 27643 of 2024
executed by the respondent bank. Hence, nothing survives for
consideration.
2. The memo is taken on record.
3. Accordingly, the Writ Petition is dismissed as withdrawn.
4. Pending I.As., if any, in this petition shall stand closed.
SD/- (LALITHA KANNEGANTI) JUDGE
CH List No.: 1 Sl No.: 17