Dismissed¶30

M/S Shineyu Engineering Technologies Private Limited v. M/S Canara Bank

Karnataka HC1 Jun 2026WP/15546/2026

Case brief

AI extract

What is this about?

Withdrawal of writ petition; dismissal as withdrawn at petitioner's counsel's request; undertaking not to seek review or modification of the order; petition under Articles 226 and 227 of the Constitution; GM-DRT category; petitioner company versus Canara Bank Asset Recovery Management Branch; pending interlocutory applications disposed of consequent to dismissal; Karnataka High Court, Bengaluru; Justice Jyoti M; dated 01-06-2026; no merits adjudication, no precedent discussed.

What did the court decide?

The Court placed on record the petitioner's counsel's oral submission that withdrawal of the petition was a conscious decision and that, once an order was passed, the petitioner would not seek review or modification of the order. ¶24

M/S Shineyu Engineering Technologies Private… — Writ and Judicial Review | Karnataka HC (2026)

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NC: 2026:KHC:25348 WP No. 15546 of 2026

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HC-KAR

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1^ST DAY OF JUNE, 2026

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BEFORE

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THE HON'BLE MS. JUSTICE JYOTI M WRIT PETITION NO. 15546 OF 2026 (GM-DRT)

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BETWEEN:

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Digitally signed by GEETHA P G Location: HIGH COURT OF KARNATAKA

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M/S. SHINEYU ENGINEERING TECHNOLOGIES PRIVATE LIMITED, HMT INDUSTRIAL ESTATE, GROUND FLOOR, A-09, JALAHALLI VILLAGE, HMT INDUSTRIAL ESTATE, HMT ESTATE, BENGALURU-560 013. REPRESENTED BY ITS DIRECTOR, MR. KAUSTUBHA S., S/O. SATHYANARAYANA M., AGED ABOUT 22 YEARS, R/AT NO.18, SWASTIDA, 3RD FLOOR, RENAISSANCE, HVV VALLEY LAYOUT J.B., BENGALURU NORTH, BENGALURU-560 015. (BY SMT. KAVITHA D., ADVOCATE)

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…PETITIONER

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AND:

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M/S. CANARA BANK, [CONSTITUTED UNDER THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970] ASSET RECOVERY MANAGEMENT (ARM) II BRANCH, 2ND FLOOR, CIRCLE OFFICE, SPENCER TOWERS, NO.86, M.G. ROAD, BENGALURU-560001. REPRESENTED BY ITS AUTHORIZED OFFICER

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ALSO AT, M/S. CANARA BANK, NO.229 AND 511, BHANUMATHY COMPLEX,

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NC: 2026:KHC:25348 WP No. 15546 of 2026

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HC-KAR

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S.M.ROAD, NEAR AYYAPPA TEMPLE, T. DASARAHALLI, JALAHALLI, BENGALURU-560 062. REPRESENTED BY ITS AUTHORIZED OFFICER

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…RESPONDENT

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(BY SMT. SOWBHAGYA N.A., ADVOCATE FOR C/R)

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THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, SEEKING CERTAIN RELIEFS.

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THIS WRIT PETITION IS LISTED FOR ORDERS, THIS DAY, AN ORDER IS MADE AS UNDER:

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ORAL ORDER

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Smt.Kavitha D., counsel for the petitioner and Smt.Sowbhagya N. A., counsel for caveator / respondent appeared in person.

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Counsel for the petitioner submits that the petition may be dismissed as withdrawn. When queried, counsel for the petitioner submits that a conscious decision is taken about the withdrawal of the petition and if an order is passed the petitioner shall not seek review of the order or modification of the order.

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The oral submission is placed on record.

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NC: 2026:KHC:25348 WP No. 15546 of 2026

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HC-KAR

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As the counsel on record has taken a conscious decision

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about the withdrawal of the petition, the Writ Petition is dismissed as withdrawn.

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