M/S CHAMUNDI HEAT TREATERS v. SIR M VISVESVARAYA CO-OPERATIVE BANK LTD
WP/19411/2023 · 2026-07-24
M G S Kamal
body2026
DailyLaw.ai
[ 2026 DAILYLAW 30467 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 30467 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR
CNR: KAHC010455112023 NC: 2026:KHC:38338 WP No. 19411 of 2023
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 24TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 19411 OF 2023 (GM-RES) BETWEEN:
1.
M/S CHAMUNDI HEAT TREATERS REGISTERED UNDER INDIAN PARTNERSHIP ACT REPRESENTED BY ITS MANAGING PARTNER SRI P.S.GURUSHANTHAPPA NO.428/C, 1ST MAIN ROAD, KIADB INDUSTRIAL AREA HEBBALA, MYSORE - 570016 …PETITIONER (BY SMT. SANDHYA U PRABHU.,ADVOCATE) AND:
1.
SIR M VISVESVARAYA CO-OPERATIVE BANK LTD REPRESENTED BY ITS AUTHORIZED OFFICER/MANAGER NO.109, CORPORATE OFFICE, SHANKARPURAM, BANGALORE - 560 004 …RESPONDENT THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE PROCEEDINGS INITIATED U/S 13(4) OF THE SARFAESI ACT BY THE RESPONDENT BANK ISSUING POSSESSION NOTICE DATED 27.07.2023 BEARING REF.VCB/CO/KST/PN/178/2023-
Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA
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HC-KAR
CNR: KAHC010455112023 NC: 2026:KHC:38338 WP No. 19411 of 2023
24 PRODUCED AS ANNEXURE-E IN RESPECT OF SCHEDULE PROPERTY AND ETC., THIS PETITION, COMING ON FOR ORDERS, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL
ORAL ORDER
1.
Learned counsel for the petitioner has filed a memo dated 24.07.2026 seeking withdrawal of the writ petition, which reads as under:
"Undersigned counsel hereby prays that this Hon'ble Court may be pleased to permit me to withdraw the aforesaid petition as the petitioner cleared the loan to the respondent bank as it stands infructuous. Hence, this petitioner withdraws the aforesaid petition in the interest of Justice and Equity".
2. The memo is taken on record.
3. Accordingly, the writ Petition is dismissed as withdrawn.
Sd/- (M.G.S. KAMAL) JUDGE
SPV List No.: 1 Sl No.: 7