Writ petition challenging a tender-cum-auction notice issued under the SARFAESI Act for proposed auction of secured assets. Both counsel jointly submitted the petition had become infructuous, and the court disposed of it as infructuous.
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NC: 2024:KHC:22611 WP No. 2533 of 2022
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21ST DAY OF JUNE, 2024 BEFORE
THE HON'BLE MR JUSTICE S.R.KRISHNA KUMAR WRIT PETITION NO. 2533 OF 2022 (GM-RES)
BETWEEN:
SRI VISHWESH A AGED 43 YEARS, S/O PUNDARIKA RAO, R/AT NO.87, SRI. BRAHMARI 7TH CROSS, MOOKAMBIKA NAGAR, MYLASANDRA BENGALURU - 560 059.
…PETITIONER
(BY SRI. VENKATRAMANA M K, ADVOCATE)
AND:
THE AUTHORISED OFFICER CITY UNION BANK LIMITED CREDIT RECOVERY AND MANAGEMENT DEPARTMENT, ADMINISTRATIVE OFFICE, NO.24-B, GANDHI NAGAR, KUMBAKONAM - 612 001.
…RESPONDENT
Digitally signed by Vandana S Location: HIGH COURT OF KARNATAKA
(BY SRI. PRAKASHA HEGDE K, ADVOCATE)
THIS WP FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUION OF INDIA PRAYING TO QUASH THE TENDER CUM AUCTION NOTICE DATED 30.12.2021 ISSUED UNDER THE SECURITIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 VIDE ANNEXURE-A ISSUED BY THE RESPONDENT BANK FOR THE PROPOSED AUCTION TO BE HELD ON 09.02.2022
THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, THE COURT MADE THE FOLLOWING:
NC: 2024:KHC:22611 WP No. 2533 of 2022
ORDER
Learned counsel for both sides jointly submits that the petition
may be dismissed as having become infructuous.
of as it has become infructuous.
Sd/JUDGE
Srl.
Sri Vishwesh A
The Authorised Officer, City Union Bank Limited, Credit Recovery and Management Department
S.R.Krishna Kumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
