Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:2202 WP No. 38388 of 2025
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 13TH DAY OF JANUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 38388 OF 2025 (GM-DRT) BETWEEN:
SHARAVAN BOPANNA. K. U.
S/O K. G. UTHAPPA AGED ABOUT 26 YEARS R/O THYAGARAJA ROAD MATHUR VILLAGE, PONNAMPET POST, PONNAMPET TALUK, KODAGU DISTRICT PIN. 571216. &PETITIONER (BY SRI. BALASUBRAHMANYA K M., ADVOCATE) AND:
1.
STATE BANK OF INDIA STRESSED ASSETS RECOVERY BRANCH 11/90, 3RD FLOOR, OPP: TRUST WELL HOSPITAL NEAR OLD SHIVAJI THEATRE J.C. ROAD, BANGALORE 560002 REP. BY ITS AUTHORISED OFFICER AND CHIEF MANAGER
Digitally signed by KIRAN KUMAR R Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:2202 WP No. 38388 of 2025
2.
M/S MALNAD COFFEE CURING WORKS REGISTERED PARTNERSHIP FIRM SY. NO. 150, KIRUGUNDA VILLAGE, GONIBEEDUHOBALI, MUDIGERE TALUK DIST. CHIKMAGALUR KARNATAKA, PIN - 577 132 REP. BY ITS PARTNERS (MENTIONED BELOW AS RESPONDENTS 3,4 AND 5)
3.
SRI. M. M ABDUL KAREEM S/O MOHD GHOUSE NO. 1346, G-8, 3RD CROSS, KHB COLONY MAGADI MAIN ROAD, BANGALORE 560040 PARTNER M/S MALNAD COFFEE CURING WORKS
4.
SRI. NATESH H L.
S/O LINGAPAPPAGOWDA, HANJUGODANAHALI, HURUDI POST, SAKLESHPURA TALUK, HASSAN DISTRICT - 573165 PARTNER M/S MALNAD COFFEE CURING WORKS
5.
SRI. UTHAPPA K.G.
S/O K.K. GANAPATHY AGED ABOUT 63 YEARS,
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HC-KAR NC: 2026:KHC:2202 WP No. 38388 of 2025
MATHOOR VILLAGE, PONNAMPET, VIRAJPET TALUK, MADIKERI DISTRICT - 571216 PARTNER M/S MALNAD COFFEE CURING WORKS &RESPONDENTS
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE COMMUNICATION BEARING No.SARB/2025-26/F 6076 DTD. 20.08.2025 ISSUED BY THE R-1 BANK, PRODUCED AT ANNX-C IN RESPECT OF THE PETITION SCHEDULE PROPERTY AND ITS CONSEQUENTIAL ACTION.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI
ORAL ORDER
1. After arguing the matter for some time, learned counsel for the petitioner filed a memo seeking leave of this court to withdraw the writ petition with a liberty to challenge the impugned notice vide Annexure-C, before the Appellate Authority, and meanwhile the interest of the petitioner be protected.
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HC-KAR NC: 2026:KHC:2202 WP No. 38388 of 2025
2. Memo is taken on record.
3. Accordingly, the writ petition is dismissed as withdrawn.
4. Liberty is the reserved to the petitioner to challenge the impugned notice before the Debt Recovery Tribunal, if so desired within one month.
5. Meanwhile, the respondents are directed not to take any coercive steps for a period of one month from today.
6. Pending interlocutory application/s, if any, shall stand
disposed of accordingly
Sd/- (ASHOK S.KINAGI) JUDGE
SKS CT:KHV