Dismissed¶¶36

M/S Kml Chemicals Pvt. Ltd. v. Authorised Officer

Karnataka HC5 Mar 2026WP/17611/2022

Case brief

AI extract

What is this about?

KML Chemicals Pvt Ltd and S Kannan v. Authorised Officer, Canara Bank (ARM Branch) and Karnataka Industrial Area Development Authority; WP No. 17611 of 2022 (GM-DRT), High Court of Karnataka; decided 05.03.2026 by Lalitha Kanneganti J; dismissed for non-prosecution for want of representation; underlying claim concerned quashing of SARFAESI sale auction notices dated 10.08.2022 (Annexures A and B); no merits adjudicated; no precedent value on SARFAESI enforcement.

What did the court decide?

When the matter came up on 05.03.2026 there was again no representation on behalf of the petitioners, and the Court observed that they appeared not interested to pursue the matter. ¶¶35

M/S Kml Chemicals Pvt. Ltd. Vs Authorised Officer — Writ and Judicial Review | Karnataka HC (2026)

¶1

¶2

NC: 2026:KHC:13515 WP No. 17611 of 2022

¶3

HC-KAR

¶4

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

¶5

DATED THIS THE 5^TH DAY OF MARCH, 2026

¶6

BEFORE

¶7

THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI

¶8

WRIT PETITION NO. 17611 OF 2022 (GM-DRT)

¶9

BETWEEN:

¶10

M/S KML CHEMICALS PVT LTD REP BY MANAGING DIRECTOR SRI S KANNAN

¶11

S/O LT SINNU NO 130, 3RD FLOOR MARIYAMMA TEMPLE ROAD VODDARAPALYA HARAGADDE PST JIGANI ANEKLA TALUK BANGALORE 562106

¶12

Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA

¶13

SRI S KANNAN S/O LT S SINNU AGED 51 YEARS

¶14

MANAGING DIRECTOR OF

¶15

M/S KML CHEMICALS PVT LTD NO 100, MARIYAMMA TEMPLE ROAD VODDARAPALYA HARAGADDE POST JIGANI ANEKAL TALUK BENGALURU 562106

¶16

…PETITIONERS

¶17

(BY SRI. JAGAN MOHAN M T., ADVOCATE - ABSENT)

¶18

¶19

NC: 2026:KHC:13515 WP No. 17611 of 2022

¶20

HC-KAR

¶21

AND:

¶22

AUTHORISED OFFICER CANARA BANK (ARM BRANCH) # II FLOOR CIRCLE OFFICE SPENCER TOWERS NO 86, M G ROAD BENGALURU 560001

¶23

THE KARNATAKA INDSUTRIAL AREA DEVELPMENT AUTHORITY REP BY ITS DEVELOMENT OFFICER HAVING ITS ZONAL OFFICE AT MARUTHI GROUPS BUILDING 2ND FLOOR, SIT COLLEGE MAIN GATE B H ROAD TUMKURU 572103

¶24

…RESPONDENTS

¶25

(BY SRI. VIGNESH SHETTY,ADVOCATE FOR R1;

¶26

SRI. ASHOK N. NAYAK, ADVOCATE FOR R2)

¶27

THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH BOTH IMPUGNED SALE AUCTION NOTICES DTD 10.08.2022 ISSUED BY THE R1 BANK VIDE ANNEXURE-A AND B UNDER THE PROVISIONS OF THE SECURITIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 (ACT 54/2002) FOR ENFORCEMENT OF INTEREST IS EXCESSIVE, ILLEGAL AND UNSUSTAINABLE, AND QUASH BY ISSUING THE WRIT.

¶28

THIS PETITION, COMING ON FOR DISMISSAL, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

¶29

¶30

NC: 2026:KHC:13515 WP No. 17611 of 2022

¶31

HC-KAR

¶32

CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI

¶33

ORAL ORDER

¶34

This writ petition is of the year 2022. When this matter came up before this Court on 04.03.2026, there was no representation on behalf of the petitioners and this Court directed the matter to be listed under the caption 'dismissal' on 05.03.2026.

¶35

Today when the matter came up there is no representation on behalf of the petitioners. It appears that the petitioners are not interested to pursue the matter.

¶36

Accordingly, the petition is dismissed for non-

¶37

prosecution.

¶38

Sd/(LALITHA KANNEGANTI)

¶39

M/S Kml Chemicals Pvt. Ltd. v. Authorised Officer

Case brief

What is this about?

What did the court decide?

M/S Kml Chemicals Pvt. Ltd. v. Authorised Officer

Case brief

What is this about?

What did the court decide?

What the court decided

Issues for consideration

Statutes considered

Procedural history

Parties & counsel

Coram

Case details

Similar cases

Smt M R Shubha Vs Svc Cooperative Bank Limited

Smt Jyothi M L Vs M/S Ujjivan Small Finance Bank Ltd.

Sri Rehaman Khan Vs Authorized Officer

Sri K S Suresh Vs Sree Seetharaghav Souharda Sahakara Bank Niyamitha

Shri K.N.Rajaram Vs Union of India

M/S Poolabe Associates Vs the Authorized Officer