High Court Karnataka High Court

M/S.Srinivasa Pharmaceuticals vs Authorised Officer on 27 July, 2010

Karnataka High Court
M/S.Srinivasa Pharmaceuticals vs Authorised Officer on 27 July, 2010
Author: Mohan Shantanagoudar
IN THE HIGH COURT OF KARNATAKA AT BANGALORE

DATED "rms THE 27"' mv OF JULY, 2010.5»e['ff-AA

BEFORE

THE HON'BLE MRJUSTICE MOHAVNWSHA{\l"TAN2i@C2LbAR 

w. P. NOS.974O ea 10148-10175/2oio(eMeTEN3_ 

BETWEEN:

1.

M/s.Srinivasa Pharm’2:~r,:_eutiL”e’a’!’s’A
Pharmaceuticai Distri~bI;ter’5 ” ‘
No.38/10, Ground Ftoorf E
New timberyard iayou-t–_f= ‘
Mysore Roavdw._’_’ [ _.

Bangalore.–‘-26 . ..

A Partne%’rsh_:.;r;;.fi”r’rr».__ A V.
Replay its..M”au*:’:aging ‘Pa’rtneI_'” _
Sri Af’N’;’Ve.P}kate:§h’a Gggpta

2. A.N.Ver7katesVfnéf-(3upt8._ _
S/0.A§N_a’rappa. 5’%1etty’«–._
Aged 55″-years -_ A O ‘
Of.’C”.’ Manag.i[Tg’Part’ner of
._f:§I”<ini\(asa Pha'r'm.a_ceutica!s

;:,ratO;No._O1E/O3, VBHS

' 'Girjir2aga_i'vE.A' _
*fE,a'ng.ai'i–ofe97.8" .. PETITIONERS

(E3Ay,Sri v_Sha:jEf1.–ke1r S.Bhat, Adv.,)
HAND: " A

1:,;EA'uthorised Officer

'(tinder the SERFAESI Act, 2002)
State Bank of India

Stressed Assets Management
Group Branch

#61, 4"' Floor

Residency Plaza, Residency «Road
Bangaiore–25

2. State Bank of India _–

Stressed Assets Management G;r’o”up=.
Branch, at No.61, 4″‘ floor A
Residency Plaza, Residency Roadg
Banga|ore–25 1*
Rep.by its Assistant
General manager ._,RES£”«”ONDENTS

(By M/s.Ashok harnaha§«!_i..V:.AsAsociates;V._AvdAy~s.,)

These writ.V.petition-sate f§l,e~d u’nvde’rl_A’rticles 226 and
227 of the C.on:sVti;tutitli_n ,of}1n.di’a,_j~~.pray’ing to quash the
impugned tender5′;’i’Vn.oti.ce “dated, 2.6.’2.’20″10, issued by R1,
which is 5f3ub_£’i’3h”ed’–»._ ,in’~.fth”e.__v”iéiindu.-‘English & Daily &
Udayavani K»an’nada D_aiv|y”‘-issue dated 27.2.2010, marked
as Anr3exu’re.–Jf,., etc} ”

These coming on for preliminary
hearing in »B–Gro”L2p’,_ this day the Court made the
fo|iowi’ng:–‘ ” V

A have sought for quashing of tender

notice ,. dated 26.2.2010 bearing

.”””‘.__VNo.EA/$381/SAMB/BLR/GW~02, issued by the first

U.res,Dondent.

The date fixed for tender has aiready expired.
Hence, these writ petitions do not survive” for

consideration as having become il’1fi’UCtLiOUS.

It is open for the petitioners to

as are open to them in iaw if Vt-hey.are:.VaVgj’g’fVie\ieo_f,by_

the outcome of the auction. Aii are

open.

Writ petitions aheTdispciseti’~V§f”a.,ccordingiy. In

view of the.:V’.dispo’sai’::1 petitions,

M i sc . 6 1 « ‘o.is.p__ose_i:l of.

H’ …..

JUDGE

‘~ V