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2026 DAILYLAW 18252 (KAR)

M/S SHINEYU ENGINEERING TECHNOLOGIES PRIVATE LIMITED v. M/S CANARA BANK

WP/15546/2026 · 2026-06-01

Jyoti M

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:25348 WP No. 15546 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1ST DAY OF JUNE, 2026 BEFORE THE HON'BLE MS. JUSTICE JYOTI M WRIT PETITION NO. 15546 OF 2026 (GM-DRT) BETWEEN: M/S. SHINEYU ENGINEERING TECHNOLOGIES PRIVATE LIMITED, HMT INDUSTRIAL ESTATE, GROUND FLOOR, A-09, JALAHALLI VILLAGE, HMT INDUSTRIAL ESTATE, HMT ESTATE, BENGALURU-560 013. REPRESENTED BY ITS DIRECTOR, MR. KAUSTUBHA S., S/O. SATHYANARAYANA M., AGED ABOUT 22 YEARS, R/AT NO.18, SWASTIDA, 3RD FLOOR, RENAISSANCE, HVV VALLEY LAYOUT J.B., BENGALURU NORTH, BENGALURU-560 015. …PETITIONER (BY SMT. KAVITHA D., ADVOCATE) AND: M/S. CANARA BANK, [CONSTITUTED UNDER THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970] ASSET RECOVERY MANAGEMENT (ARM) II BRANCH, 2ND FLOOR, CIRCLE OFFICE, SPENCER TOWERS, NO.86, M.G. ROAD, BENGALURU-560001. REPRESENTED BY ITS AUTHORIZED OFFICER ALSO AT, M/S. CANARA BANK, NO.229 AND 511, BHANUMATHY COMPLEX, Digitally signed by GEETHA P G Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:25348 WP No. 15546 of 2026 S.M.ROAD, NEAR AYYAPPA TEMPLE, T. DASARAHALLI, JALAHALLI, BENGALURU-560 062. REPRESENTED BY ITS AUTHORIZED OFFICER …RESPONDENT (BY SMT. SOWBHAGYA N.A., ADVOCATE FOR C/R) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, SEEKING CERTAIN RELIEFS. THIS WRIT PETITION IS LISTED FOR ORDERS, THIS DAY, AN ORDER IS MADE AS UNDER: ORAL ORDER Smt.Kavitha D., counsel for the petitioner and Smt.Sowbhagya N. A., counsel for caveator / respondent appeared in person. Counsel for the petitioner submits that the petition may be dismissed as withdrawn. When queried, counsel for the petitioner submits that a conscious decision is taken about the withdrawal of the petition and if an order is passed the petitioner shall not seek review of the order or modification of the order. The oral submission is placed on record. - 3 - HC-KAR NC: 2026:KHC:25348 WP No. 15546 of 2026 As the counsel on record has taken a conscious decision about the withdrawal of the petition, the Writ Petition is dismissed as withdrawn. Because of dismissal of the Writ Petition, all pending interlocutory applications if any are disposed of. Sd/- (JYOTI M) JUDGE SS/MRP List No.: 1 Sl No.: 26