- 1 - HC-KAR NC: 2026:KHC:6236 WP No. 15107 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3RD DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 15107 OF 2022 (GM-DRT) BETWEEN: 1. M/S GAYATHRI STRUCTURAL AND ROOFING PVT. LTD. REPRESENTED BY ITS MANAGING DIRECTOR NAMELY MR. SHVASHANKAR K N REPRESENTED BY HIS GPA HOLDER MR A S UMESH S/O SREERAM SETTY AGED ABOUT 47 YEARS PLAT NO.42 - PART IN VASANTHANRSAPURAHALLI NH-4 KORA, BELLAVI HOBLI THUMKUR TLAUK TUMKUR DISTRICT-572128. INCORPORATED UNDER THE COMPANIES ACT 1956 (No.1 OF 1956) 2. SRI UMESH S/O SREERAM SETTY AGED ABOUT 47 YEARS NO.16 OLD NO.999 1ST FLOOR, H M T MAIN ROAD NEAR AYYAPPA TEMPLE DIWANARAPALYA BENGALURU-560022. AND ALSO AT PLAT NO.42 - PART IN VASANTHANRSAPURAHALLI NH-4 KORA, BELLAVI HOBLI THUMKUR TALUK Digitally signed by KIRAN KUMAR R Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:6236 WP No. 15107 of 2022 TUMKUR DISTRICT-572128. 3. SRI SHIVASHANKAR K N S/O K N V RAO AGED ABOUT 78 YEARS REPRESENTED BY HIS GPA HOLDER SRI A S UMESH S/O SREERAM SETTY AGED ABOUT 47 YEARS NO.16 OLD NO.999, 1ST FLOOR H M T MAIN ROAD NEAR AYYAPPA TEMPLE DIWANARAPALYA BENGALURU-560022 . 4. SMT PRABHAVATHI K R W/O SHIVASHANKAR K N AGED ABOUT 72 YEARS NO.16, OLD NO.999, 1ST FLOOR H M T MAIN ROAD NEAR AYYAPPA TEMPLE DIWANARAPALYA BENGALURU-560022. …PETITIONERS (BY SRI. JAGAN MOHAN M T., ADVOCATE) AND: 1. THE AUTHORIZED OFFICER CANARA BANK (YASHVANTHAPURA BRANCH) NO.47, 1ST FLOOR GOPAL COMPLEX, SC ROAD BENGALURU-560022. 2. THE KARNATAKA INDUSTRIAL AREA DEVELOPMENT AUTHORITY REP. BY DEPUTY DEVELOPMENT OFFICER HAVING ITS ZONAL OFFICE AT PLOT NO.92-P - 3 - HC-KAR NC: 2026:KHC:6236 WP No. 15107 of 2022 OPP: RIM HOSPITAL, SIRA ROAD OLD N H -4 ROAD ANANTHARASANAHALLI INDUSTRIAL AREA, 1ST PHASE TUMKUR-572106. …RESPONDENTS [BY SRI. VIGNESH SHETTY, ADVOCATE FOR C/R1 (CP 11171/2022) SRI. P V CHANDRASHEKAR, ADVOCATE FOR R2) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH BOTH IMPUGNED SALE AUCTION NOTICE DTD 28.06.2022 PUBLISHED BY THE R1 BANK VIDE ANENXURE-F IN RESPECT OF THE SCHEDULE IMMOVABLE PROPERTY UNDER THE PROVISIONS OF THE SECURITIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT 2002 (ACT 54/2002) FOR ENFORCEMENT OF INTEREST IS EXCESSIVE, ILLEGAL AND UNSUSTAINABLE AND SET ASIDE. THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI ORAL ORDER 1. The matter was listed on 06.01.2026. None appeared for the petitioners. It was made clear that if the petitioners failed to appear on the next date of hearing, an appropriate order would be passed, - 4 - HC-KAR NC: 2026:KHC:6236 WP No. 15107 of 2022 including the dismissal of the petition for non- prosecution. Accordingly, the matter was adjourned to 13.01.2026. 2. Even on 13.01.2026, none appeared for the petitioners and hence, the matter was adjourned to today. 3. Even today, none appeared for the petitioners and there is no representation on behalf of the petitioners. 4. It seems that the petitioners are not interested in prosecuting the petition. Accordingly, the writ petition is dismissed for non-prosecution. Sd/- (ASHOK S.KINAGI) JUDGE RK CT:KHV List No.: 1 Sl No.: 59