Research › Search › Judgment

High Court of Karnataka · body

2026 DAILYLAW 1361 (KAR)

BHARAT CO OPERATIVE BANK (MUMBAI) LTD., v. M/S SRI VINAYAK AGRO AGENCIES PVT LTD.,

WP/10471/2025 · 2026-02-11

Ashok S Kinagi

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:8845 WP No. 10471 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 10471 OF 2025 (GM-DRT) BETWEEN: BHARAT CO OPERATIVE BANK (MUMBAI) LTD. UDUPI BRANCH, VASUKI TOWERS NEXT TO VISHWAS COMMERCIAL BUILDING NEAR TALUK OFFICE OPP DISTRICT COURT UDUPI 576101. REP BY ITS CHIEF MANAGER AND AUTHORISED OFFICER, SRI ARUN KUMAR …PETITIONER (BY SRI. PUNDIKAI ISHWARA BHAT., ADVOCATE) AND: 1. M/S SRI VINAYAK AGRO AGENCIES PVT LTD. REPRESENTED BY ITS DIRECTOR, REGD OFFICE, R-4, GROUND FLOOR M T NAGAR INDUSTRIAL ESTATE GOKUL ROAD, HUBBALI 580 030 2. MR SURESH V BONAGERI MAJOR, S/O MR VENKAPPA BHIMAPPA BONAGERI 429 A11/12/13 ADARSH LAYOUT, 3RD CROSS NR GOURAV HEIGHTS APTS, Digitally signed by KIRAN KUMAR R Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:8845 WP No. 10471 of 2025 BEHIND HESCOM OFFICE, KESHWAPURA, HUBLI 580 023 3. MRS MANJULA S BONAGERI MAJOR, W/O MR SURESH V BONAGERI 429 A11/12/13, ADARSH LAYOUT, 3RD CROSS NR GOURAV HEIGHTS APTS, BEHIND HESCOM OFFICE, KESHWAPURA, HUBLI 580 023 …RESPONDENTS THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE JUDGEMENT DATED 28.02.2025 PASSED BY THE DEBTS RECOVERY TRIBUNAL-I, BENGALURU IN SA NO.195/2024 IN SO FAR AS DIRECTING THE PETITIONER TO CONSIDER THE REQUEST FOR RENEW/RESTRUCTURE OF THE LOAN ACCOUNT WITHIN A PERIOD OF 60 DAYS AND THAT DURING THAT PERIOD THE BANK SHALL NOT PRECIPITATE THE SARFAESI PROCEEDINGS AGAINST THE RESPONDENTS AS PER ANNEXURE-A. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI - 3 - HC-KAR NC: 2026:KHC:8845 WP No. 10471 of 2025 ORAL ORDER Learned counsel for the petitioner submits that, the writ petition has become infructuous. 2. The submission is placed on record. 3. Accordingly, the writ petition is disposed of as having become infructuous. 4. In view of disposal of the petition, pending application(s), if any, shall stand disposed of. Sd/- (ASHOK S.KINAGI) JUDGE PA List No.: 2 Sl No.: 32