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2026 DAILYLAW 8261 (KAR)

MR SAYED HABIBULLA v. CANARA BANK

WP/19782/2024 · 2026-02-11

Ashok S Kinagi

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:8463 WP No. 19782 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 19782 OF 2024 (GM-DRT) BETWEEN: MR SAYED HABIBULLA S/O SAYED GARIBULLA AGED ABOUT 58 YEARS PERMANENT ADDRESS AT NO.44 2ND CROSS, MILLERS ROAD BENGALURU-560046 ALSO SUSPENDED DIRECTOR OF M/S SCOTTES GARMENTS LIMITED REGISTERED OFFICE AT 481-B, IV PHASE PEENYA INDUSTRIAL AREA, BENGALURU …PETITIONER (BY SRI. VARUN JAYKUMAR PATIL., ADVOCATE) AND: 1. CANARA BANK LARGE CORPORATE BRANCH HAVING ITS CORPORATE OFFICE AT RAMANASHREE BUILDING 18 3RD FLOOR, M.G.ROAD BANGALORE-560001 AUTHORISED OFFICER MANAGING DIRECTOR MR. PRASHANT PANDEY 2. SCOTTS GARMENTS LIMITED A PRIVATE LIMITED COMPANY REGISTERED UNDER COMPANIES ACT, 2013 REGISTERED OFFICE AT 481-B, IV PHASE PEENYA INDUSTRIAL AREA, BENGALURU, REP. BY ITS LIQUIDATOR Digitally signed by KIRAN KUMAR R Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:8463 WP No. 19782 of 2024 MR M V SUDARSHAN. …RESPONDENTS (BY SRI.HEMANTH RAO, ADVOCATE FOR C/R2 [CP 12737/2024, 10567/2024, 9281/2024, 9283/2024) THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE E- AUCTION NOTICE DTD. 14.07.2024 (ANNEXURE-A) AND ALL SUBSEQUENT PROCEEDINGS INITIATED PURSUANT TO THE ANNEXURE-A. DIRECT THE R-2 TO SELL THE BUSINESS OF THE CORPORATE DEBTOR LOCATED IN DODDABALLPUR AS A GOING CONCERN IN COMPLIANCE WITH SECTION 32 AND 32A READ WITH CLAUSE 4(B) OF SCHEDULE I OF THE IBBI (LIQUIDATION PROCESS) REGULATIONS 2016. 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. Learned counsel for the petitioner filed a memo stating that the petition has become infructuous. 2. Memo is placed on record. 3. Accordingly, the writ petition is dismissed as having rendered infructuous. Sd/- (ASHOK S.KINAGI) JUDGE sks