IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3RD DAY OF DECEMBER, 2019 PRESENT THE HON’BLE MR. JUSTICE ARAVIND KUMAR AND THE HON’BLE MR. JUSTICE SURAJ GOVINDARAJ W.P. NO.56945/2018 (GM-DRT) BETWEEN:
1 . M/S. VISHWA SHANTHI AGRO INDUSTRIES, NO.1-11-55/7 SHANTHI NILAYAM, VENKATESHWARA COLONY, LINGASUGUR ROAD RAICHUR - 584 101, REP. BY ITS MANAGING PARTNER SRI. NAVEEN KUMAR S/O KRISHNA RAO K.V.L. AGED ABOUT 43 YEARS.
2 . SRI. KRISHNA RAO K.V.L.
S/O LATE VENKATESHWARALU AGED ABOUT 70 YEARS NO.360, 12TH CROSS, A-1 BLOCK VIJAYANAGARA 3RD STAGE MYSORE - 570 030.
3 . SMT. K. PRAMEELA W/O SRI. KRISHNA RAO K.V.L. AGED ABOUT 53 YEARS NO.360, 12TH CROSS, A-1 BLOCK VIJAYANAGARA, 3RD STAGE MYSORE - 570 030.
4 . SMT. K. RAMA LAXMI W/O SRI. K. NAVEEN KUMAR AGED ABOUT 42 YEARS NO.360, 12TH CROSS, A-1 BLOCK VIJAYANAGARA 3RD STAGE MYSORE - 570 030.
5 . SRI. K. NAVEEN KUMAR S/O SRI. KRISHNA RAO K.V.L. AGED ABOUT 43 YEARS NO.360, 12TH CROSS, A-1 BLOCK VIJAYANAGARA 3RD STAGE MYSORE - 570 030.
(BY SMT. VEDAVATHI H.T, ADVOCATE) AND:
1 . THE AUTHORISED OFFICER STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT BRANCH, 2ND FLOOR, OFFICE COMPLEX BUILDING, LHO CAMPUS NO.65, ST. MARKS ROAD BANGALORE - 560 025.
2 . SRI. Y. VIJAY KUMAR S/O SRI. Y. SURYANARAYANA AGED ABOUT 46 YEARS H.NO.1-4-326, IB ROAD IB COLONY, RAMALINGESHWARA LAYOUT, RAICHUR - 584 101.
...PETITIONERS …RESPONDENTS (BY SRI. B.N. TULSI KUMAR, ADVOCATE FOR C/R1; SRI. J. SATHISH KUMAR, ADVOCATE FOR R-2) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF CONSTITUTION OF INDIA PRAYING TO QUASH/SET ASIDE THE IMPUGNED ORDER DATED:29.11.2018 PASSED BY THE HON’BLE DEBTS RECOVERY APPELLATE TRIBUNAL AT CHENNAI IN R.A.(S.A.) NO.24/2018 VIDE ANNEX-A WHICH IS AGAINST THE PROVISIONS OF THE LAW, ARBITRARY AND AGAINST TO THE PRINCIPLES OF NATURAL JUSTICE AND TO UPHELD THE ORDERS PASSED BY THE HON’BLE DEBT RECOVERY TRIBUNAL, BANGALORE IN S.A.NO.335/2017 ON 29.12.2017.
THIS PETITION COMING ON FOR ORDERS THIS DAY, ARAVIND KUMAR J, MADE THE FOLLOWING:
O R D E R Learned counsel appearing for petitioners has filed a memo for withdrawal of writ petition stating thereunder matter is settled under OTS Scheme.
Learned counsel appearing for respondent No.1 does not dispute the said fact. In that view of the matter, said memo is placed on record. Accordingly, writ petition stands dismissed as withdrawn.
SD/- JUDGE SD/- JUDGE DR