Research › Search › Judgment

High Court of Karnataka · body

2026 DAILYLAW 9107 (KAR)

ADITHYA DEVELOPERS v. INDIABULLS COMMERCIAL CREDIT LIMITED

WP/8785/2022 · 2026-03-04

Lalitha Kanneganti

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:13284 WP No. 8785 of 2022 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. 8785 OF 2022 (GM-DRT) BETWEEN: 1. M/S. ADITHYA DEVELOPERS A PROPRIETORY CONCERN NO.59/1, 3rd FLOOR, RAMASKANDA BUILDING, K.P. ROAD, BASAVANAGUDI, BENGALURU- 560 004 BY SHRI K.M.SIRNIVAS MURTHY PROPRIETORY 2. SHRI K.M.SRINIVASAMURTHY PROPRIETOR, ADITHYA DEVELOPERS, NO.59/1, 3rd FLOOR RAMASKANDA BUILDING K.P.ROAD, BASAVANAGUDI, BENGALURU- 560 004 …PETITIONERS (BY SRI.KARTHIK ANANDS, ADVOCATE FOR SMT.VANDANA P.L., ADVOCATE) AND: 1. INDIABULLS COMMERCIAL CREDIT LIMITED M-62 AND 63, FIRST LOOR, CONNAUGHT PLACE NEW DELHI -110 001 Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:13284 WP No. 8785 of 2022 BRANCH OICE AT NO.116, 1ST FLOOR, KRISHNA ARCADE BETWEEN 11 AND 12th CROSS, MARGOSA ROAD, MALLESHWARAM BENGALURU -560 003 BY ITS AUTHORIZED AGENT 2. MR. DHANANJAYA ADVOCATE, BEARING ROLL NO. 2963/2010 COURT COMMISSIONER OF 37th ACMM COURT, BENGALURU METROPOLITAN CITY C/O REGISTRAR OF CMM,COURTS, BENGALURU -560 001 3. THE STATION HOUSE OFFICER THILAK NAGAR POLICE STATION, JAYANAGAR BENGALURU CITY, BENGALURU-560 001 …RESPONDENTS (BY SRI.K.V.LOKESH, ADVOCATE FOR C/R2) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO SET ASIDE THE ORDER OF THE LD. 37TH ACMM COURT BANGALORE DATED 4.8.2021 ALLOWING THE SECTION 14 SARFAESI ACT APPLICATION IN CRL.MISC.NO.5822/2021 VIDE ANNEXURE-A TO THE PETITION. THIS PETITION, COMING ON FOR FINAL HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 3 - HC-KAR NC: 2026:KHC:13284 WP No. 8785 of 2022 ORAL ORDER A memo is filed by the learned counsel for the petitioners 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.: 2