Research › Search › Judgment

High Court of Karnataka · body

2026 DAILYLAW 9796 (KAR)

MRS. SULOCHANA UDUPA v. MR. RAVINDERA BELYUR

WP/2565/2026 · 2026-02-17

B M Shyam Prasad

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:9466 WP No. 2565 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 17TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO. 2565 OF 2026 (GM-RES) BETWEEN: 1. MRS. SULOCHANA UDUPA AGED ABOUT 82 YEARS, W/O. LATE VISHVESHWARA UDUPA 2. MRS RAKSHA KRISHNA MURTHY UDUPA AGE ABOUT 5 YEARS W/O KRISHNA MURTHY UDUPA RESIDING AT 57, SHOP STREET, N R COLONY, BASAVANAGUDI BANGALORE-56004., PROMOTER / SUSPENDED DIRECTOR OF M/S AVISHKAR INNOVATIVE PRIVATE LIMITED. …PETITIONERS (BY SRI. MANOJ K., ADVOCATE) AND: MR. RAVINDERA BELYUR RESOLUTION PROFESSIONAL APPOINTED Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:9466 WP No. 2565 of 2026 UNDER THE INSOLVENCY AND BANKRUPTCY CODE, 2016 OFFICE AT, "SHREEVATHSA", 428, 19TH B CROSS, 3RD BLOCK, JAYANAGAR, BANGALORE - 560 011. IN RESPECT OF M/S AVISHKAR INNOVATIVE PVT LTD. …RESPONDENT THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO ISSUE WRIT OF MANDAMUS DIRECTING THE RESPONDENT NOT TO PROCEED FURTHER IN CP IB(IBC)/11/BB/2024 PROCEEDINGS AND LIQUIDATION OF COMPANY AND FORENSIC AUDIT, UNTIL OBTAINING THE DOCUMENTS BELOW MENTIONED FROM CANARA BANK VIDE ANNEXURE-A. FULL DETAILS OF COMPANY'S EXPORT BILLS WHICH RESPONDENT BANK HAS CONSIDERED FOR CRYSTALLIZATION WHICH WERE CLAIMED TO HAVE BEEN SIGNED BY COMPANY AND COMPANY'S CUSTOMER FOR EXPORT BILL COLLECTION / NEGOTIATION/ PURCHASE/ DISCOUNT, SIGNED APPLICATION FOR REQUEST FOR PAYMENT FROM COMPANY CUSTOMER AND THEIR BANK DETAILS AND DETAILS OF PAYMENT SOUGHT AND REJECTED; STATEMENT OF CURRENT ACCOUNTS / ALL ACCOUNTS AND PCFC-1 AND DAY WISE LEDGER WITH INTEREST CHARGED PERTAINING TO ACCOUNTS OF THE COMPANY FROM 2015 TO TILL DATE AND ETC. - 3 - HC-KAR NC: 2026:KHC:9466 WP No. 2565 of 2026 THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD ORAL ORDER The learned counsel for the petitioners has filed a memo for withdrawal which reads as under: "The petitioners herein are withdrawing the present petition as they have urged the same grounds before the NCLAT, Chennai. The petitioner most humbly prays before this Hon'ble Court to withdraw the present petition. The same may be taken on record in the interest of justice." The memo is accepted, and the petition stands dismissed as withdrawn. Sd/- (B M SHYAM PRASAD) JUDGE SA' ct:sr