M/S GTS BRICKS v. KARNATAKA STATE FINANCE CORPORATION
WP/9042/2024 · 2026-08-28
Jyoti M
body2026
DailyLaw.ai
[ 2026 DAILYLAW 37127 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 37127 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
- 1 -
HC-KAR
CNR: KAHC010181062024 NC: 2026:KHC:46580 WP No. 9042 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 28TH DAY OF AUGUST, 2026 BEFORE THE HON'BLE MS. JUSTICE JYOTI M WRIT PETITION NO. 9042 OF 2024 (GM-DRT) BETWEEN:
1. M/S. GTS BRICKS, PROPRIETARY CONCERN REPRESENTED BY ITS PROP: VEERESH, KH NO.16, R.S NO. 77/2a, BUDNAHATTI VILLAGE, CHALLAKERE TALUK, CHITRADURGA, KARNATAKA - 577 543. 2. G. VEERESH, S/O LATE GOURAIAH, AGED ABOUT 40 YEARS, BUDNAHATTI VILLAGE, CHALLAKERE TALUK, CHITRADURGA, KARNATAKA - 577 543. …PETITIONERS (BY SMT. KAVITHA N, ADVOCATE [ABSENT]) AND:
KARNATAKA STATE FINANCE CORPORATION REPRESENTED BY THE AUTHORIZED OFFICER / CHIEF MANAGER, BRANCH OFFICE: NEAR BASAVESHWAR THEATER, CHITRADURGA DISTRICT - 577 501. …RESPONDENT (BY SRI. PRIYANKA YAVAGAL, ADVOCATE)
Digitally signed by PREMCHANDRA M R Location: HIGH COURT OF KARNATAKA
- 2 -
HC-KAR
CNR: KAHC010181062024 NC: 2026:KHC:46580 WP No. 9042 of 2024
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, SEEKING CERTAIN RELIEFS. THIS WRIT PETITION IS LISTED FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, AN ORDER IS MADE AS UNDER:
ORAL ORDER
Though matter called twice, there is no representation on behalf of the petitioners. 2. The petition is filed seeking following reliefs: a) Quash the E-Auction sale notice dated:07.03.2024 issued by the Karnataka State Finance Corporation, Rep by the Authorized Officer/ Chief Manager, Branch Office: Near Basaveshwara Theater, Chitradurga District-577501 vide Annexure-B. b) Issue directions to the respondent KSFC not to take physical possession of the movable and immovable without following due process of Law. c) Issue such other orders or direction/s as may be deemed fit to grant, including cost of the case, in the view of facts and circumstances of this above case in the interest of justice and equity. - 3 -
HC-KAR
CNR: KAHC010181062024 NC: 2026:KHC:46580 WP No. 9042 of 2024
3. Smt.Priyanka Yavagal, counsel for the respondent appeared in person and submits that a memo has been filed and the same may be placed on record and the petition may be disposed of in terms of the memo. 4. The memo is placed on record and the same reads as under:
"The undersigned counsel submits that upon the petitioners having deposited 15% of the due amount, the possession of the property has been re-delivered to the petitioners.
Further, in view of the fact that the impugned Annexure-B having become stale, this writ petition does not survives for consideration. In view of the above, it is respectfully prayed that this Hon'ble Court be pleased to dispose the captioned matter as infructuous, in the interest of justice."
5. Accordingly, writ petition is disposed of in terms of the memo. - 4 -
HC-KAR
CNR: KAHC010181062024 NC: 2026:KHC:46580 WP No. 9042 of 2024
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.: 22