M/S ADITHYA DEVELOPERS v. M/S INDIABULLS COMMERCIAL CREDIT LIMITED
WP/4402/2021 · 2026-03-04
Lalitha Kanneganti
body2026
DailyLaw.ai
[ 2026 DAILYLAW 6652 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 6652 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:13283 WP No. 4402 of 2021
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 4402 OF 2021 (GM-DRT)
BETWEEN:
M/S ADITHYA DEVELOPERS NO.59/1, 3RD FLOOR, RAMSAKANDA BUILDING, K.R.ROAD, BASAVANA GUDI, BANGALORE-560 004 REPRESENTED BY ITS PROPRIETOR, SHRI K.M.SRINIVASA MURTHY …PETITIONER (BY SRI.KARTHIK ANANDS, ADVOCATE FOR SMT.VANDANA P.L., ADVOCATED)
AND:
1.
M/S INDIABULLS COMMERCIAL CREDIT LIMITED CIN NO.U65923DL2006PLC150632, CORPORATE OFFICE AT INDIABULLS HOUSE, 448-451, UDYOG VIGAR, PHASE V, GRUGRAM 16, REGISTERED OFFICE AT 62 AND 63, FIRST FLOOR, CONNAUGHT PLACE, NEW DELHI-110 001 BY ITS AUTHORIZED OFFICER
Digitally signed by SUVARNA T Location:
HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:13283 WP No. 4402 of 2021
2.
THE REGISTRAR DEBTS RECOVERY TRIBUNAL-2, DEBTS RECOVERY TRIBUNAL, JEEVAN MANGAL BUILDING, RESIDENCY ROAD, BANGALORE-560 001 …RESPONDENTS
(BY SRI.MAHABALESHWARA G.C., ADVOCATE FOR R1 R2 – SERVED AND UNREPRESENTED)
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO DIRECT THE DEBTS RECOVERY TRIBUNAL-II, BANGALORE TO HEAR, CONSIDER AND DEAL WITH THE PETITIONERS SARFAESI ACT APPEALS SA NOS.453/2020 AND 454/2020 PENDING ON THE FILE OF THE DRT-II, BANGALORE AND THE INTERLOCUTORY APPLICATIONS FILED THEREOF FOR INTERIM STAY OF PHYSICAL POSSESSIONS ACTION, AMENDMENT OF PRAYER AND THE INTERIM STAY OF AUCTION SALE PROCEEDINGS AND FURTHER ACTION FROM THE RESPONDENT COMPANY AND SUCH OTHER APPLICATIONS AS MAY BE PRESENTED EXPEDITIOUSLY.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI
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HC-KAR NC: 2026:KHC:13283 WP No. 4402 of 2021
ORAL ORDER A memo is filed by the learned counsel for the petitioner stating that the parties have amicably settled the matter and this writ petition has become infructuous.
2. The memo is taken on record.
3. Accordingly, the writ petition is dismissed as infructuous. i. All I.As. in this petition shall stand closed.
SD/- (LALITHA KANNEGANTI) JUDGE
MEG List No.: 2 Sl No.: 6