Writ petition challenging a communication issued under Section 13(3A) of the SARFAESI Act by Punjab National Bank. The Bank's counsel submitted the account had become regular and the issue was settled. The petition was disposed of as infructuous.
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NC: 2024:KHC:895 WP No. 205 of 2022
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 8TH DAY OF JANUARY, 2024
BEFORE
THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 205 OF 2022 (GM-RES)
BETWEEN:
Digitally signed by PADMAVATHI B K Location: HIGH COURT OF KARNATAKA
(BY SRI. S. KALYAN BASAVARAJ, ADVOCATE)
…PETITIONERS
AND:
NC: 2024:KHC:895 WP No. 205 of 2022
K.G. ROAD BRANCH,
BENGALURU - 560 009, REPRESENTED BY ITS MANAGER.
…RESPONDENTS
(BY SRI. VIGNESH SHETTY, ADVOCATE FOR C/R1; R2 - SERVED)
THIS W.P IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED ORDER COMMUNICATION DATED 30.10.2021 MADE BY THE R-2 IN COMPLIANCE OF SECTION 13(3A) OF THE SARFAESI ACT 2002 PRODUCED AT ANNEXURE-A AND ETC.,
THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, THE COURT MADE THE FOLLOWING:
ORDER
Sri. Vignesh Shetty, learned counsel appearing for the respondent - Bank submits that the account has become regular and issue has been settled between the parties by the Bank.
The submission is placed on record.
The petition is disposed as having become infructuous.
Sd/JUDGE
JY CT: BHK
2 provisions across 2 enactments
Sri. B. Narayanaswamy
Smt. N. Sarasa
Punjab National Bank
Punjab National Bank, K.G. Road Branch
M.Nagaprasanna
As recorded by the court registry
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