- 1 - HC-KAR NC: 2026:KHC:17726 WP No. 11962 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1ST DAY OF APRIL, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 11962 OF 2025 (GM-DRT) BETWEEN: 1. M/S RAJU ENTERPRISES R/AT FLAT NO. 108, TAMAKA, INDUSTRIAL AREA, BETHAMANGALA ROAD, KOLAR 563 101. REP BY ITS PROPRIETOR, SRI. S. N. RAJU. 2. SRI. S. N. RAJU, S/O SOMAPPA, AGED ABOUT 60 YEARS, 3. SMT. SUJATHAMMA, W/O S. N. RAJU, AGED ABOUT 53 YEARS, 4. SRI. RAKESH RAJ H R, S/O S. N. RAJU, AGED ABOUT 28 YEARS, 5. SMT. RAMYA H R, D/O S.N. RAJU, AGED ABOUT 26 YEARS, ALL ARE R/AT NO.12, 7TH CROSS, JAYANAGAR, TEKAL ROAD, KOLAR - 563 101. …PETITIONERS (BY SRI. H. SURESH, ADVOCATE FOR PETITIONERS NO.1 TO 3 SRI. M.S.JASWANTH, ADVOCATE FOR PETITIONERS NO.4 & 5) Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:17726 WP No. 11962 of 2025 AND: SIR M VISVESVARAYA CO OPERATIVE BANK LTD CORPORATE OFFICE NO. 109, SHANKARMUTT ROAD, SHANKARAPURAM, BENGALURU - 560 004. REP BY ITS AUTHORIZED OFFICER. …RESPONDENT THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE SALE NOTICE DATED. 04.04.2025 BEARING REF.NO. VCB/CO/VJN/SN/15/2025-26 ISSUED BY THE AUTHORIZED OFFICER OF THE RESPONDENT BANK VIDE ANNEXURE-M AND ETC. THIS PETITION, COMING ON FOR FINAL HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER The present writ petition is filed seeking the following prayers: "a. Issue an Order, Direction of Writ in the nature of WRIT OF CERTIORARI, Quashing the sale notice dt.04-04-2025 bearing ref. No. VCB/CO/VJN/SN/15/2025-26, issued by The Authorized Officer of the respondent Bank vide ANNEXURE-M. b. Pass any other orders as this Hon'ble Court deems fit to pass in the circumstances of the case, in the interest of justice and equity." ; - 3 - HC-KAR NC: 2026:KHC:17726 WP No. 11962 of 2025 2. A memo is filed stating that, in the light of the judgment of the Hon'ble Supreme Court in Central Bank of India vs. Prabha Jain1, the petitioners may be permitted to withdraw writ petition, with a liberty to approach the jurisdictional Court for redressal of their grievance relating to breach of contract, substitution and misrepresentation by the respondent. 3. The memo is taken on record. 4. Accordingly, the writ petition is dismissed as withdrawn, with liberty to avail the appropriate remedy. i. The petitioners shall have the benefit of Section 14 of the Limitation Act. ii. Pending IAs., if any, shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE SMC, List No.: 1 Sl No.: 12 1 2025 INSC 95