- 1 - HC-KAR NC: 2026:KHC:485 WP No. 13728 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 6TH DAY OF JANUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 13728 OF 2023 (GM-DRT) BETWEEN: 1. MR. ALOK KUMAR, AGED ABOUT 33 YEARS, S/O SRI.MAHENDRA KUMAR. 2. MRS. SWATI KUMARI W/O MR. ALOK KUMAR, AGED ABOUT 32 YEARS, BOTH ARE RESIDING AT FLAT NO C-409, GRANDEUR PARK, SORAHUNASE MAIN ROAD, VARTHUR HOBLI, BANGALORE EAST TALUK, BANGALORE 560087 …PETITIONERS (BY SRI. MOHAN KUMAR N., ADV.) AND: 1. THE BRANCH MANAGER, IDBI BANK, Digitally signed by SHILPABAI S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:485 WP No. 13728 of 2023 HAVING ITS BRANCH AT GROUND FLOOR, No.4/65, PADAM SINGH ROAD, KAROL BAGH, NEW DELHI 110005. 2. MR. ABHAY KUMAR JAIN AGED ABOUT 42 YEARS, S/O SRI.AHOK KUMAR JAIN R/AT NO C-4/16, ACHARY NIKETAN MAYUR VIHAR PH-1 CHILLA SARODA KHADAR EAST DELHI, DELHI 1100912. 3. MRS. PREETI JAIN W/O MR. ABHAY KUMAR JAIN MAJOR, R/AT NO C-4/16, ACHARY NIKETAN MAYUR VIHAR PH-1 CHILLA SARODA KHADAR EAST DELHI, DELHI 1100912. 4. M/S GVG INFRASTRUICTUR PVT LTD. FORMERLY KNOWN AS CMRS INFRASTRUCTURE PVT LTD A COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956 REPRESENTED BY ITS DIRECTORS, MR. U.S.S.V PRASAD, AGED ABOUT 53 YEARS, S/O SRI. SATYANARAYANA - 3 - HC-KAR NC: 2026:KHC:485 WP No. 13728 of 2023 HAVING ITS OFFICE AT NO 589, 1ST FLOOR, C BLOCK, AECS LAYOUT, BANGALORE 560037. 5. M/S GVG INFRASTRUCTURE PVT LTD. FORMERLY KNOWN AS CMRS INFRASTRUCTURE PVT LTD A COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956 REPRESENTED BY ITS DIRECTOR MR. K.UMA MAHESHWARA REDDY, AGED ABOUT 43 YEARS, S/O K.VEERA REDDY, HAVING ITS OFFICE AT NO 589, 1ST FLOOR, C BLOCK, AECS LAYOUT, BANGALORE 560037 …RESPONDENTS THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED NOTICE DTD 10.11.2000 ISSUED BY THE R-1 UNDER SEC 13(2) OF THE SARFAESI ACT 2002 PRODUCED AT ANNEXURE-A AND ETC., THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 4 - HC-KAR NC: 2026:KHC:485 WP No. 13728 of 2023 CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI ORAL ORDER Learned counsel for the petitioners filed a memo seeking leave of this Court to withdraw the writ petition with a liberty to challenge the demand notice before the appropriate Tribunal. 2. The memo is placed on record. Accordingly, the writ petition is dismissed as withdrawn with the aforesaid liberty. Pending applications, if any, stand disposed off accordingly. Sd/- (ASHOK S.KINAGI) JUDGE SSB