Research › Search › Judgment

High Court of Karnataka · body

2026 DAILYLAW 10226 (KAR)

M/S VISHWAS ENTERPRISES v. THE AUTHORIZED OFFICER

WP/4681/2024 · 2026-04-15

Lalitha Kanneganti

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:20631 WP No. 4681 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF APRIL, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 4681 OF 2024 (GM-DRT) BETWEEN: M/S VISHWAS ENTERPRISES, NO. 689A, 479 A KIRAGANDOOR, DUDDA HOBALI, MANDYA TALUK, MANDYA, KARNATAKA 571 401. REP BY PROPRIETOR SMT. PRAMILA M.C. …PETITIONER (BY SRI. MALLAHA RAO K.,ADVOCATE) AND: 1. THE AUTHORIZED OFFICER, THE DIVISIONAL MANAGER, CANARA BANK, KALAHALLI BRANCH, KRS MAIN ROAD, MANDYA BESIDE CANARA BANK, V V NAGAR, MANDYA – 567 401. Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:20631 WP No. 4681 of 2024 2. THE BRANCH MANAGER, CANARA BANK, KALAHALOLI BRANCH, KRS MAIN ROAD, MANDYA – 571 401. …RESPONDENTS (BY SRI.VIGNESH SHETTY.,ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO I) QUASH THE E-AUCTION NOTICE ISSUED UNDER SECTION 13(4) OF THE SARFAESI ACT 2002 DATED 17/01/2024 VIDE REFERENCE BEARING NO. ROMDY/MANDYA/2023 ANNEXURE-D AND II) ISSUE WRIT OF PROHIBITION, PROHIBITING THE RESPONDENTS NOT TO PROCEED WITH ANY FURTHER STEPS OR MEASURES OR ANY SUCH KIND OF INITIATIVES PERTAINING TO AUCTION OF THE SCHEDULE PROPERTY IN PURSUANT TO ISSUE OF NOTICE VIDE ANNEXURE-D DIRECTING THE RESPONDENT BANK TO REFRAIN FROM FURTHER COERCIVE STEPS, IN ANY MANNER OF WHATSOEVER IN NATURE, IN ACCORDANCE LAW. THIS WRIT PETITION, COMING ON FOR PRELIMINARY HEARING IN B GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 3 - HC-KAR NC: 2026:KHC:20631 WP No. 4681 of 2024 ORAL ORDER Memo is filed stating that the parties have amicably settled the matter out of court. Hence, petitioner seeks to withdrawal the petition. Memo is taken on record. Accordingly, the writ petition is dismissed as withdrawn. Pending I.As., in the petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE TS List No.: 1 Sl No.: 53