This judgment is a one-line order where the High Court of Karnataka staffs the writ petition by the petitioners, dismissing it as withdrawn upon settlement under the OTS scheme.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
1
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 3RD DAY OF DECEMBER, 2019
PRESENT
THE HON’BLE MR. JUSTICE ARAVIND KUMAR
AND
THE HON’BLE MR. JUSTICE SURAJ GOVINDARAJ
W.P. NO.56945/2018 (GM-DRT)
BETWEEN:
2
VIJAYANAGARA 3RD STAGE MYSORE - 570 030.
5 . SRI. K. NAVEEN KUMAR S/O SRI. KRISHNA RAO K.V.L. AGED ABOUT 43 YEARS NO.360, 12TH CROSS, A-1 BLOCK VIJAYANAGARA 3RD STAGE MYSORE - 570 030.
...PETITIONERS
(BY SMT. VEDAVATHI H.T, ADVOCATE)
AND:
1 . THE AUTHORISED OFFICER STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT BRANCH, 2ND FLOOR, OFFICE COMPLEX BUILDING, LHO CAMPUS NO.65, ST. MARKS ROAD BANGALORE - 560 025. 2 . SRI. Y. VIJAY KUMAR S/O SRI. Y. SURYANARAYANA AGED ABOUT 46 YEARS H.NO.1-4-326, IB ROAD IB COLONY, RAMALINGESHWARA LAYOUT, RAICHUR - 584 101.
…RESPONDENTS
(BY SRI. B.N. TULSI KUMAR, ADVOCATE FOR C/R1; SRI. J. SATHISH KUMAR, ADVOCATE FOR R-2)
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF CONSTITUTION OF INDIA PRAYING TO QUASH/SET ASIDE THE IMPUGNED ORDER DATED:29.11.2018 PASSED BY THE HON’BLE DEBTS RECOVERY APPELLATE TRIBUNAL AT CHENNAI IN R.A.(S.A.) NO.24/2018 VIDE ANNEX-A WHICH IS AGAINST THE PROVISIONS OF THE LAW, ARBITRARY AND AGAINST TO THE PRINCIPLES OF NATURAL JUSTICE AND TO UPHELD THE ORDERS PASSED BY THE HON’BLE DEBT RECOVERY TRIBUNAL, BANGALORE IN S.A.NO.335/2017 ON 29.12.2017.
3
THIS PETITION COMING ON FOR ORDERS THIS DAY, ARAVIND KUMAR J, MADE THE FOLLOWING:
O R D E R
Learned counsel appearing for petitioners has filed a memo for withdrawal of writ petition stating thereunder matter is settled under OTS Scheme.
Learned counsel appearing for respondent No.1 does not dispute the said fact. In that view of the matter, said memo is placed on record. Accordingly, writ petition stands dismissed as withdrawn.
SD/JUDGE
SD/JUDGE
DR
M/s. Vishwa Shanthi Agro Industries & Ors.
The Authorised Officer State Bank of India Stressed Assets Management Branch
Sri. Y. Vijay Kumar
Aravind Kumar
Suraj Govindaraj
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
