Sri Karibasavaiah, v. Ugro Capital Limited
Case brief
What is this about?
Karnataka HC, Bengaluru (NC: 2025:KHC:49852), decided 01.12.2025 by E.S. Indiresh J.; Karibasavaiah and Yeshwanth K. v. Ugro Capital Limited; W.P. No. 7130 of 2024 (GM-DRT); challenge under Articles 226 & 227 to sale notice dated 14.02.2024 under Section 9(1) of the Security Interest (Enforcement) Rules 2002; disposed of as infructuous as the scheduled property was not sold; keywords: infructuous, secured creditor notice, DRT.
What did the court decide?
The writ petition was disposed of as having become infructuous, since pursuant to the sale notice dated 14.02.2024 (Annexure-A) sale of the schedule property was not made and the prayer in the writ petition had therefore become infructuous. ¶¶32-33