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2026 DAILYLAW 9156 (KAR)

BHARANI HI TECH AGRO INDUSTRIES v. THE AUTHORIZED OFFICER

WP/22937/2023 · 2026-03-04

Lalitha Kanneganti

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:13372 WP No. 22937 of 2023 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. 22937 OF 2023 (GM-DRT) BETWEEN: 1. BHARANI HI TECH AGRO INDUSTRIES THE SAME REGISTERED AS COMMERCIAL ESTABLISHMENT UNDER THE KARNATAKA SHOPS AND COMMERCIAL ESTABLISHMENT ACT 1961, REP. BY ITS PROPRIETOR MR. ANAND L., NO.852, 19TH CROSS, 5TH MAIN ROAD, HMT LAYOUT, VIDYARANYAPURA, BANGALORE – 560 097. 2. ANAND L. (PROPRIETOR) S/O LAGUMAPPA, AGED ABOUT 54 YEARS, NO.852, 19TH CROSS, 5TH MAIN ROAD, HMT LAYOUT, VIDYARANYAPURA, BANGALORE – 560 097. …PETITIONERS (BY SRI. SYED UMMER, ADVOCATE (ABSENT)) Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:13372 WP No. 22937 of 2023 AND: THE AUTHORIZED OFFICER CHIEF MANAGER, CANARA BANK HI TECH AGRICULTURE FINANCE BRANCH, BLOCK F, NO.1310, 3RD CROSS, CSI COMPOUND, 1ST FLOOR, J.C. ROAD, BENGALURU – 560 097. …RESPONDENT (BY SRI. SHETTY VIGNESH SHIVARAM, ADVOCATE) THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENT TO WITHDRAW THE SALE NOTICE DTD 29.09.2023 REF: ARM-1/ CR-485/ 207/ 23/ AL ISSUED UNDER SECTION 13(4) OF SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST (SARFAESI) ACT, 2002 R/W RULE 8(6) OF THE SECURITY INTEREST (ENFORCEMENT) RULE, 2002 I.E. ANNX- A, ISSUED AGAINST THE PETITIONERS SO FAR AS PETITIONER CONCERN ETC. THIS PETITION, COMING ON FOR DISMISSAL, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 3 - HC-KAR NC: 2026:KHC:13372 WP No. 22937 of 2023 ORAL ORDER The present writ petition is filed seeking the following prayer: “ Wherefore, it is prayed that this Hon'ble Court may be pleased to direct the respondent to withdraw the sale Notice dated 29/09/2023, Ref:ARM-1/CR-485/207/2023/AL issued under Section 13(4) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 r/w Rule 8(6) of the Security Interest (Enforcement) Rule, 2002 i.e., "Annexure-A" issued against the petitioners' in the ends of justice and equity so far as petitioner concern.” 2. This writ petition is of the year 2023. This matter came up for the first time before this Court on 03.03.2026. On that day, there was no representation on behalf of the petitioners. Hence, the matter was directed to be listed under the caption for 'dismissal' today i.e. on 04.03.2026. Today also, there is no representation on behalf of the petitioners. 3. Learned counsel appearing for the respondent/Bank submits that though the sale notice was questioned before this - 4 - HC-KAR NC: 2026:KHC:13372 WP No. 22937 of 2023 Court, the Bank could not conduct the sale for want of bidders. Hence, nothing survives for consideration in this petition. 4. Accordingly, the writ petition is dismissed as infructuous. 5. All pending IAs., if any, in this writ petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE SMC List No.: 1 Sl No.: 5