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Karnataka High Court

M/S Gayathri Structural And Roofing Pvt ... vs The Authorized Officer Canara Bank on 3 February, 2026

                                              -1-
                                                           NC: 2026:KHC:6236
                                                        WP No. 15107 of 2022


                   HC-KAR




                   IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                        DATED THIS THE 3RD DAY OF FEBRUARY, 2026

                                           BEFORE

                         THE HON'BLE MR. JUSTICE ASHOK S.KINAGI

                        WRIT PETITION NO. 15107 OF 2022 (GM-DRT)

                   BETWEEN:

                   1.   M/S GAYATHRI STRUCTURAL AND ROOFING PVT.
                        LTD.
                        REPRESENTED BY ITS MANAGING DIRECTOR
                        NAMELY MR. SHVASHANKAR K N
                        REPRESENTED BY HIS GPA HOLDER
                        MR A S UMESH
                        S/O SREERAM SETTY
                        AGED ABOUT 47 YEARS
                        PLAT NO.42 - PART
                        IN VASANTHANRSAPURAHALLI
                        NH-4 KORA, BELLAVI HOBLI
                        THUMKUR TLAUK
                        TUMKUR DISTRICT-572128.
Digitally signed        INCORPORATED UNDER THE COMPANIES ACT 1956
by KIRAN                (No.1 OF 1956)
KUMAR R
Location: HIGH
COURT OF           2.   SRI UMESH
KARNATAKA               S/O SREERAM SETTY
                        AGED ABOUT 47 YEARS
                        NO.16 OLD NO.999
                        1ST FLOOR, H M T MAIN ROAD
                        NEAR AYYAPPA TEMPLE
                        DIWANARAPALYA
                        BENGALURU-560022.
                        AND ALSO AT PLAT NO.42 - PART
                        IN VASANTHANRSAPURAHALLI
                        NH-4 KORA, BELLAVI HOBLI
                        THUMKUR TALUK
                           -2-
                                        NC: 2026:KHC:6236
                                     WP No. 15107 of 2022


HC-KAR




     TUMKUR DISTRICT-572128.

3.   SRI SHIVASHANKAR K N
     S/O K N V RAO
     AGED ABOUT 78 YEARS
     REPRESENTED BY HIS GPA HOLDER
     SRI A S UMESH
     S/O SREERAM SETTY
     AGED ABOUT 47 YEARS
     NO.16 OLD NO.999, 1ST FLOOR
     H M T MAIN ROAD
     NEAR AYYAPPA TEMPLE
     DIWANARAPALYA
     BENGALURU-560022
     .
4.   SMT PRABHAVATHI K R
     W/O SHIVASHANKAR K N
     AGED ABOUT 72 YEARS
     NO.16, OLD NO.999, 1ST FLOOR
     H M T MAIN ROAD
     NEAR AYYAPPA TEMPLE
     DIWANARAPALYA
     BENGALURU-560022.
                                            ...PETITIONERS

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

AND:

1.   THE AUTHORIZED OFFICER
     CANARA BANK
     (YASHVANTHAPURA BRANCH)
     NO.47, 1ST FLOOR
     GOPAL COMPLEX, SC ROAD
     BENGALURU-560022.

2.   THE KARNATAKA INDUSTRIAL
     AREA DEVELOPMENT AUTHORITY
     REP. BY DEPUTY DEVELOPMENT OFFICER
     HAVING ITS ZONAL OFFICE AT
     PLOT NO.92-P
                            -3-
                                       NC: 2026:KHC:6236
                                    WP No. 15107 of 2022


HC-KAR




     OPP: RIM HOSPITAL, SIRA ROAD
     OLD N H -4 ROAD
     ANANTHARASANAHALLI
     INDUSTRIAL AREA,
     1ST PHASE
     TUMKUR-572106.
                                         ...RESPONDENTS

[BY SRI. VIGNESH SHETTY, ADVOCATE
           FOR C/R1 (CP 11171/2022)
SRI. P V CHANDRASHEKAR, ADVOCATE FOR R2)

     THIS WRIT PETITION IS FILED UNDER ARTICLES 226
AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO
QUASH BOTH IMPUGNED SALE AUCTION NOTICE DTD
28.06.2022 PUBLISHED BY THE R1 BANK VIDE ANENXURE-F IN
RESPECT OF THE SCHEDULE IMMOVABLE PROPERTY 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 SET ASIDE.

      THIS PETITION, COMING ON FOR PRELIMINARY HEARING
IN 'B' GROUP, THIS DAY, ORDER WAS MADE THEREIN AS
UNDER:

CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI

                     ORAL ORDER

1. The matter was listed on 06.01.2026. None appeared for the petitioners. It was made clear that if the petitioners failed to appear on the next date of hearing, an appropriate order would be passed, -4- NC: 2026:KHC:6236 WP No. 15107 of 2022 HC-KAR including the dismissal of the petition for non- prosecution. Accordingly, the matter was adjourned to 13.01.2026.

2. Even on 13.01.2026, none appeared for the petitioners and hence, the matter was adjourned to today.

3. Even today, none appeared for the petitioners and there is no representation on behalf of the petitioners.

4. It seems that the petitioners are not interested in prosecuting the petition. Accordingly, the writ petition is dismissed for non-prosecution.

Sd/-

(ASHOK S.KINAGI) JUDGE RK CT:KHV List No.: 1 Sl No.: 59