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2026 DAILYLAW 22028 (KAR)

M/S RAJESH EXPORTS LIMITED v. BRANCH IN CHARGE

WP/16130/2022 · 2026-06-16

Jyoti M

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:29773 WP No. 16130 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 16TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MS. JUSTICE JYOTI M WRIT PETITION NO. 16130 OF 2022 (GM-RES) BETWEEN: 1. M/S RAJESH EXPORTS LIMITED, A COMPANY REGISTERED UNDER THE COMPANIES ACT 1956, HAVING REGISTERED OFFICE AT NO.4, BATAVIA CHAMBERS, KUMARA KRUPA ROAD, KUMAR PARK EAST, BENGALURU-560001. REPRESENTED BY ITS CHAIRMAN MR. RAJESH MEHTA 2. MR. RAJESH MEHTA, S/O. LATE JASVANTRAI MEHTA, AGED ABOUT 57 YEARS, OCC: BUSINESS, NO.578, 5TH MAIN, SADASHIVNAGAR, BENGALURU-560080. 3. MR. PRASHANT MEHTA, S/O. LATE JASVANTRAI MEHTA, AGED ABOUT 59 YEARS, OCC: BUSINESS, NO.578, 5TH MAIN, SADASHIVANAGAR, BENGALURU-560080. …PETITIONERS (BY SRI. RAGHU H.P., ADVOCATE) Digitally signed by GEETHA P G Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:29773 WP No. 16130 of 2022 AND: 1. BRANCH IN CHARGE, CANARA BANK, LARGE CORPORATE BRANCH, RAMANASHREE ARCADE, 3RD FLOOR, M.G. ROAD, BENGALURU-560001. 2. CANARA BANK, A COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956, PRIME CORPORATE BRANCH, RAMANASHREE ARCADE, 3RD FLOOR, M.G. ROAD, BENGALURU-560001. REPRESENTED BY ITS AUTHORIZED SIGNATORY. …RESPONDENTS (BY SRI. C.K.NANDAKUMAR, SENIOR ADVOCATE FOR SRI. HEMANTH R.RAO, ADVOCATE) 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 Sri.Raghu H.P., counsel for the petitioners appeared in person. - 3 - HC-KAR NC: 2026:KHC:29773 WP No. 16130 of 2022 Sri.C.K.Nandakumar, Senior counsel on behalf of Sri.Hemanth R.Rao, counsel for respondents appeared through video conferencing. 2. This petition is filed seeking following reliefs: a. Issue a Writ of certiorari or any other appropriate Writ, Order or direction quashing the Impugned Communications dated 29/07/2022 bearing common Reference No.7575-BR/2636-615/2022 issued by the Respondent No 1 as per Annexure "A" "A1" & "A2" as null and void. b. Issue a Writ of certiorari or any other appropriate Writ, Order or direction quashing the Wilful Default proceedings initiated against the Petitioners by the Respondents pursuant to Notice dated 31/07/2021 bearing common Reference No.7575-BR/2636- 432/238/2021. issued by the Respondent No 1 as per Annexure B, B1 & B2 as null and void. c. Pass such other Order or Orders as deemed fit and proper in the circumstances of the case in the interest of Justice and Equity. - 4 - HC-KAR NC: 2026:KHC:29773 WP No. 16130 of 2022 3. Counsel for the respective parties urged several contentions. Heard the arguments and perused the papers with care. 4. The petitioners have approached this Court hurriedly without offering a suitable reply to notices. Hence, this Court deems it proper to direct the petitioners to submit a suitable reply to the notice within four weeks from the receipt of certified copy of this order. Upon receipt of the reply, the Bank is directed to consider the same within four weeks thereon. 5. Accordingly, writ petition is disposed of. Because of disposal of the Writ Petition, interim order granted if any stands discharged and pending interlocutory applications if any are disposed of. SD/- (JYOTI M) JUDGE SS List No.: 1 Sl No.: 7.3