M/S. G. M. INFINITE (DWELLING) INDIA PVT. LTD., v. STATE BANK OF INDIA LIMITED
WP/20601/2024 · 2026-06-25
Suraj Govindaraj
body2026
DailyLaw.ai
[ 2026 DAILYLAW 25248 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 25248 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:32077 WP No. 20601 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ WRIT PETITION NO. 20601 OF 2024 (GM-RES) BETWEEN:
1.
M/S. G. M. INFINITE (DWELLING) INDIA PVT. LTD., A COMPANY INCORPORATED UNDER THE PROVISION OF THE COMPANIES ACT, 1956, HAVING REGISTERED OFFICE AT:
G. M. PEARL, NO. 06, B.T.M. LAYOUT, 1ST STAGE, 1ST PHASE, BANGALORE-560 068, REPRESENTED BY ITS DIRECTOR AND AUTHORIZED SIGNATORY, SRI. GULAM MUSTAFA.
… PETITIONER (BY SRI. D.R. RAVISHANKAR, SENIOR ADVOCATE FOR SRI RAKESH B BHATT., ADVOCATE)
AND:
1.
STATE BANK OF INDIA LIMITED STATE BANK BHAWAN, M.C. ROAD, NARIMAN POINT, MUMBAI-400 021.
BRANCH OFFICE AT STRESSED ASSETS MANAGEMENT BRANCH, STATE BANK OF INDIA, 2ND FLOOR, OFFICE COMPLEX BUILDING, LHO CAMPUS, NO. 65, ST MARKS ROAD, BENGALURU-560 001, REPRESENTED BY ITS DIRECTOR.
… RESPONDENT (BY SRI. V. SRINIVASA RAGHAVAN, SENIOR ADVOCATE FOR SRI SHARAN A. KUKREJA, ADVOCATE, SRI LOMESH KIRAN N., ADVOCATE SMT. ABHIJNA SOMASHEKARA, ADVOCATE)
Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:32077 WP No. 20601 of 2024
THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE ORDER DTD.
30.07.2024 PASSED BY THE HON'BLE NATIONAL COMPANY LAW TRIBUNAL, BANGALORE IN CP (IB) NO. 4/(B B)/2024 ANNEXURE-J AND ETC.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ
ORAL ORDER
1. The petitioner is before this Court seeking for the following reliefs: a. Issue a writ in the nature of certiorari or any other writ or order to quash the order dated 30.07.2024 passed by the Hon'ble National Company Law Tribunal, Bangalore in CP (IB) No.4/(BB)/2024 Annexure-J
b. Grant any other order or direction as may deem fit in the circumstances of the case.
2. What is challenged in the present writ petition is the
order dated 30.07.2024 passed by the National Company Law Tribunal in CP (IB) No.4 of 2024 produced at Annexure-J. A writ petition challenging an order passed by the National Company Law Tribunal is not maintainable before this Court, particularly when the petitioner has an efficacious
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HC-KAR NC: 2026:KHC:32077 WP No. 20601 of 2024
statutory remedy by way of an appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016.
3. Reserving liberty to the petitioner to avail of such remedies as are available in law, including the appropriate statutory remedy, the writ petition stands disposed of.
Sd/- (SURAJ GOVINDARAJ) JUDGE
SR List No.: 2 Sl No.: 10