This writ petition was filed to quash an DT order. The High Court held the petition infructuous as the petitioner's grievance was redressed upon a deposit made by Axis Bank in favour of Canara Bank.
Writ petition disposed as having become infructuous.
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:43455 WP No. 3854 of 2023
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 1ST DAY OF DECEMBER, 2023
BEFORE
THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 3854 OF 2023 (GM-DRT)
BETWEEN:
M/S. SATEC ENVIR ENGINEERING (INDIA) PVT. LTD., A COMPANY REGISTERED UNDER THE COMPANIES ACT, HAVING ITS REGISTERED OFFICE AT PLOT NO. A/107-108, TTC INDUSTRIAL AREA, MIDC, KHAIRANE, THANE-BELAPUR ROAD, NAVI MUMBAI – 400 705, REPRESENTED BY ITS DIRECTOR AND AUTHORIZED SIGNATORY, MR. AMARPARAKASH AGARWAL.
Digitally signed by PADMAVATHI B K Location: HIGH COURT OF KARNATAKA
ALSO AT: NO. 102, 1ST FLOOR, C WING, WATERFORD BUILDING, C.D. BARFIWALA MARG, JUHU LANE, ANDHERI (W), MUMBAI – 400 058, TAX PAN NO. AACCS0746E, CIN NO. U29197MH1991PTC064661 PHONE NO. 022-40698999
ALSO AT: NO. C2, AMRUTHA SPARKLING NEST, GURUDACHARPALYA, MAHADEVAPURA, K.R. PURAM,
NC: 2023:KHC:43455 WP No. 3854 of 2023
BENGALURU – 560 058.
…PETITIONER
(BY SRI. B.PRASANNA KUMAR, ADVOCATE)
AND:
NC: 2023:KHC:43455 WP No. 3854 of 2023
MUMBAI – 400 002.
AMENDDMENT CARRIED OUT AS PER COURT ORDER DATED 01.06.2023.
…RESPONDENTS
(BY SRI. T.P. MUTHANNA, ADVOCATE FOR R1; SRI V.SURESH, ADVOCATE FOR R2; SRI SUSHAL TIWARI, ADVOCATE FOR R3)
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASHING THE IMPUGNED ORDER 3/2/2023 IN IA.NO.259/2023 OF OA.NO.628/2020 PASSED BY THE DEBTS RECOVERY TRIBUNAL-1 AT BANGALORE AS BAD IN LAW AT ANNEXURE-K AND ETC.,
THIS WRIT PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, THE COURT MADE THE FOLLOWING:
ORDER
Learned counsel for the petitioner submits that the grievance that is vented, is redressed by making a deposit by the Axis Bank in favour of the Canara Bank to the tune of Rs.50/- lakhs and nothing further survives for consideration.
NC: 2023:KHC:43455 WP No. 3854 of 2023
disposed as having become infructuous.
Sd/JUDGE
NVJ List No.: 2 Sl No.: 96
M/S. SATEC ENVIR ENGINEERING (INDIA) PVT. LTD.
CANARA BANK (ERSTWHILE SYNDICATE BANK)
AXIS BANK LIMITED
INCOME TAX OFFICER [TDS-2]
M.NAGAPRASANNA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
