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2026 DAILYLAW 10375 (KAR)

M/S. PRANAG DATA LINKS PRIVATE LIMITED v. ASSISTANT GENERAL MANAGER AND AUTHORISED OFFICER

WP/4892/2023 · 2026-03-04

Lalitha Kanneganti

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:13358 WP No. 4892 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 4892 OF 2023 (GM-RES) BETWEEN: M/S PRANAG DATA LINKS PRIVATE LIMITED NO.8/12, JAYAPRAKASH ASSOCIATES BUILDING, GOVINDAPPA ROAD, BASAVANAGUDI, BENGALURU - 560 004 REPRESENTED BY ITS MANAGING DIRECTOR, SHRI. S. NAGESH, AGED ABOUT 64 YEARS UNDER THE COMPANIES ACT, 1956 …PETITIONER (BY SRI. SHIVAPRASAD SHANTANAGOUDAR, ADVOCATE) Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:13358 WP No. 4892 of 2023 AND: ASSISTANT GENERAL MANAGER AND AUTHORISED OFFICER, CANARA BANK, V.V. PURAM BRANCH, BENGALURU - 560 004. …RESPONDENT (RESPONDENT SERVED AND UNREPRESENTED) THIS WP IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASHING THE NOTICE BEARING NO.NIL DTD 02.02.2023 ISSUED BY THE RESPONDENT BANK UNDER SECTION 13(4) OF THE SECULARIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (SARFAESI ACT) VIDE ANNX-M ETC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 3 - HC-KAR NC: 2026:KHC:13358 WP No. 4892 of 2023 ORAL ORDER It is submitted by the learned counsel for the petitioner that the present writ petition has become infructuous. 2. The said submission is placed on record. 3. Accordingly, the writ petition is dismissed as infructuous. 4. Pending IAs., if any, shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE SMC/List No.: 1 Sl No.: 14