K3 Power Pack Pvt. Ltd. v. Authorized Officer/ Chief Manager
Case brief
What is this about?
The writ petition filed to quash the recovery proceedings/sale notice was disposed of as withdrawn.
The writ petition filed to quash the recovery proceedings/sale notice was disposed of as withdrawn.
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.
NC: 2023:KHC:46954 WP No. 21051 of 2023
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19TH DAY OF DECEMBER, 2023
BEFORE
THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 21051 OF 2023 (GM-RES)
BETWEEN:
K3 POWER PACK PVT LTD., REGISTERED UNDER THE COMPANIES ACT 1956, ROC NO.U28910KA2013PTC070012, DTD 6-7-2013, SHED NO.B-112, 3RD MAIN ROAD, 2ND STAGE, PEENYA INDUSTRIAL ESTATE, BANGALORE - 560 058. REP. BY ITS DIRECTOR, MR AHMED SHABEER KHAN.
…PETITIONER
(BY SRI. KAVITHA N.,ADVOCATE)
AND:
Digitally signed by PADMAVATHI B K Location: HIGH COURT OF KARNATAKA
AUTHORIZED OFFICER/CHIEF MANAGER, UNION BANK, NO.488/B, 14TH CROSS, VITC BHAVAN 4TH PHASE PEENYA, BANGALORE - 560 058.
…RESPONDENT
THIS WRIT PETITION IS FILED PRAYING TO-QUASH THE SALE NOTICE DTD 23/08/2023 ISSUED BY THE RESPONDENT BANK VIDE ANNEXURE-A STAYING THAT THE ENTIRE RECOVERY PROCEEDINGS INITIATED BY THE RESPONDENT BANK AGAINST THE SCHEDULE PROPERTY ARE ILLEGAL AND IN VIOLATION OF SARFAESI ACT, 2002 AND ETC.,
THIS PETITION, COMING ON FOR ORDERS, THIS DAY, THE COURT MADE THE FOLLOWING:
NC: 2023:KHC:46954 WP No. 21051 of 2023
ORDER
to withdraw the petition.
Sd/JUDGE
bnv List No.: 2 Sl No.: 4
K3 Power Pack Pvt Ltd
Union Bank
M.Nagapranna
As recorded by the court registry
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