- 1 - HC-KAR NC: 2026:KHC:29772 WP No. 13136 of 2021 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. 13136 OF 2021 (GM-RES) BETWEEN: M/S. RAJESH EXPORTS LIMITED, A COMPANY REGISTERED UNDER THE COMPANIES ACT 1956, HAVING A REGISTERED OFFICE AT NO.4, BATAVIA CHAMBERS, KUMARA KRUPA ROAD, KUMARA PARK EAST, BENGALURU-560001. REPRESENTED BY ITS CHAIRMAN MR. RAJESH MEHTA. …PETITIONER (BY SRI. RAGHU H.P., ADVOCATE) AND: CANARA BANK, HAVING ITS REGISTERED OFFICE AT J.C.ROAD, BENGALURU, ALSO AT LARGE CORPORATE BRANCH, RAMANASHREE ARCADE, 3RD FLOOR, M.G.ROAD, BENGALURU-560001. REPRESENTED BY ITS AUTHORIZED SIGNATORY. …RESPONDENT (BY SRI. C.K.NANDAKUMAR, SENIOR ADVOCATE FOR SRI. HEMANTH R.RAO, ADVOCATE) Digitally signed by GEETHA P G Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:29772 WP No. 13136 of 2021 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 petitioner appeared in person. Sri.C.K.Nandakumar, Senior counsel on behalf of Sri.Hemanth R.Rao, counsel for respondent 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 proceedings in CP(IB)51/2021 at Annexure-A on the file of NCLT Bangalore initiated by the Respondent under Sec.7 of Insolvency and Bankruptcy Code as void abinitio. b) Issue a Writ of mandamus or any other appropriate writ, order or direction, restraining the Respondent from continuation of the impugned proceedings. - 3 - HC-KAR NC: 2026:KHC:29772 WP No. 13136 of 2021 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. 3. Counsel for the respective parties urged several contentions. Sri.Nandakumar, Senior counsel seriously objects to the maintainability of the writ petition contending that the proceedings are pending before the NCLT. Hence, if the petitioner has any grievance, he can as well agitate his grievance before the pending proceeding before the NCLT. 4. Heard the arguments and perused the papers with care. 5. The petitioner has sought quashing of the proceedings in CP(IB).No.51/2021 vide Annexure-A. Admittedly, the proceedings initiated by the respondent are pending before NCLT. Hence, the proceeding cannot be quashed. If the petitioner has any grievance and the contentions, he may agitate the same before the pending proceeding. - 4 - HC-KAR NC: 2026:KHC:29772 WP No. 13136 of 2021 6. 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.: 7.2