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2026 DAILYLAW 10926 (KAR)

M/S. ELEGANT MEDICAL SYSTEMS v. SIR. M. VISVESVARAYA CO OPERATIVE BANK LTD.,

WP/5347/2026 · 2026-02-19

Ashok S Kinagi

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:10566 WP No. 5347 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 5347 OF 2026 (GM-DRT) BETWEEN: 1. M/S. ELEGANT MEDICAL SYSTEMS REPRESENTED BY ITS PROPRIETOR SRI KABIR DAS R, 24 HAVING OFFICE AT NO. 981, 4TH BLOCK, 2ND MAIN, RAJAJINAGAR, BENGALURU 560010 2. SRI KABIR DAS R, S/O SRI V. RAJAMANICKAM, AGED ABOUT 42 YEARS, RESIDING AT NO.160, SHARVA KUNJ, 9TH CROSS, MYSORE BANK COLONY, BSK 1ST STAGE, BENGALURU 560050 3. SRI V. RAJAMANICKAM, S/O VADIVELU AGED ABOUT 80 YEARS, RESIDING AT NO.160, SHARVA KUNJ, 9TH CROSS, MYSORE BANK COLONY, BSK 1ST STAGE, BENGALURU 560050 4. M/S VITTALS MEDICARE PRIVATE LIMITED, A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 2013, HAVING ITS REGISTERED OFFICE AT NO.270, 1ST FLOOR, DOMLUR 2ND STAGE, Digitally signed by KIRAN KUMAR R Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:10566 WP No. 5347 of 2026 INDIRANAGAR, BENGALURU - 560071, REPRESENTED BY ITS DIRECTOR SRI KABIR DAS R …PETITIONERS (BY SRI. ADITHYA KARTHIK K, ADVOCATE) AND: 1. SIR. M. VISVESVARAYA CO OPERATIVE BANK LTD., A CO-OPERATIVE BANK REGISTERED UNDER THE KARNATAKA CO-OPERATIVE SOCIETIES ACT, HAVING ITS CORPORATE OFFICE AT NO.109, SHANKAR MUTT ROAD, SHANKARPURAM, BENGALURU - 560004, REPRESENTED BY ITS AUTHORISED OFFICER …RESPONDENT (BY SRI. K V LOKESH, ADVOCATE) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE POSSESSION NOTICE AND THE E-AUCTION SALE NOTICE DATED 14-01-2026 ISSUED BY THE RESPONDENT UNDER RULE 8(6) READ WITH RULE 9 OF THE SECURITY INTEREST (ENFORCEMENT) RULES, 2002 COPY OF SALE NOTICE AND NEWSPAPER PUBLICATION IS ANNEXED HEREWITH AS ANNEXURE-A, ETC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI - 3 - HC-KAR NC: 2026:KHC:10566 WP No. 5347 of 2026 ORAL ORDER Learned counsel for the petitioners appearing through video conferencing submits that, the parties have settled the matter and seeks leave of the Court to withdraw the writ petition. 2. The submission is placed on record. 3. Accordingly, the writ petition is dismissed as withdrawn. 4. In view of dismissal of the petition, pending IA(s), if any, shall stand disposed of. Sd/- (ASHOK S.KINAGI) JUDGE PA List No.: 2 Sl No.: 6