High Court of Karnataka dismissed a writ petition filed by Canara Bank against SARFAESI proceedings, declaring it infructuous due to the efflux of time and subsequent developments.
Petition declared infructuous and disposed.
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.
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 21ST DAY OF NOVEMBER, 2023
BEFORE
THE HON'BLE MR JUSTICE M.NAGAPRASANNA
WRIT PETITION NO. 1540 OF 2023 (GM-RES)
BETWEEN:
THE AUTHORISED OFFICER M/S CANARA BANK REG. OFFICE AT NO.112, J C ROAD BANGALORE - 560002 AND ASSET RECOVERY MANAGEMENT BRANCH-I 2ND BLOCK, CO BLDG, NO.86 SPENCER TOWER, MG ROAD BANGALORE - 560001 REP BY ITS SENIOR MANAGER MR B RAVIPRASAD
…PETITIONER
(BY SRI. VIGNESH SHETTY, ADVOCATE)
AND:
NC: 2023:KHC:41897 WP No. 1540 of 2023
BOTH R/AT NO.126 6TH MAIN, BETWEEN 12TH AND 13TH CROSS MALLESHWARAM BANGALORE - 56000
…RESPONDENTS
THIS WP IS FILED UNDER ARTICLE 227 OF THE CONSTITUTION OF INDIA PRAYING TO ISSUE A WRIT OF MANDAMUS OR ANY OTHER WRIT, ORDER OR DIRECTION TO THE LEARNED DEBTS RECOVERY TRIBUNAL-I, BANGALORE FOR EARLY DISPOSAL OF THE APPLICATION BEING S.A. 544/2022 FILED BY THE RESPONDENTS U/S 17 OF THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST (SARFAESI) ACT ON THE FILE OF THE LEARNED DEBTS RECOVERY TRIBUNAL-I, BANGALORE- ANNEX- A & B (COLLY) AND ETC.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY, THE COURT MADE THE FOLLOWING:
ORDER
Learned counsel for the petitioner submits that due to efflux of time and subsequent developments, the petition doses not survive for consideration.
The writ petition is disposed as having become
infructuous.
Sd/JUDGE
KG
2 provisions across 2 enactments
THE AUTHORISED OFFICER M/S CANARA BANK
M/S AISHWARYA HEIGHTS INFRA PRIVATE LIMITED
SRI R CHANDRU
SMT S T NALINAKSHI
M. NAGAPRASANNA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
