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Tulip Data Services Pvt Ltd vs Saturn Realters Private Limited
2022 Latest Caselaw 8219 Kant

Citation : 2022 Latest Caselaw 8219 Kant
Judgement Date : 6 June, 2022

Karnataka High Court
Tulip Data Services Pvt Ltd vs Saturn Realters Private Limited on 6 June, 2022
Bench: Chief Justice, Ashok S.Kinagi
IN THE HIGH COURT OF KARNATAKA AT BENGALURU

      DATED THIS THE 6TH DAY OF JUNE 2022

                     PRESENT

THE HON'BLE MR. RITU RAJ AWASTHI, CHIEF JUSTICE

                       AND

     THE HON'BLE MR. JUSTICE ASHOK S. KINAGI


     WRIT APPEAL NO.456 OF 2022 (GM-RES)

BETWEEN:

1.   TULIP DATA SERVICES PVT. LTD.
     THROUGH ITS AUTHORIZED SIGNATORY,
     MR. VINEET KRISHNAN, HAVING ITS OFFICE AT
     NO.162 (P), 163 (P), 164 (P), 165(P)
     EPIP INDUSTRIAL AREA, WHITEFIELD,
     BANGALORE-560 066.

2.   SADA IT PARKS PVT. LTD.
     THROUGH ITS AUTHORIZED SIGNATORY,
     MR. VINEET KRISHNAN, HAVING ITS OFFICE AT
     NO.162 (P), 163 (P), 164 (P), 165(P)
     EPIP INDUSTRIAL AREA, WHITEFIELD,
     BANGALORE-560 066.

                                      ...APPELLANTS

(BY SRI. K. N. PHANINDRA, SR. ADVOCATE FOR
    SRI. BHARATH K & SRI. RAMANA M.V.V ,
    ADVOCATES)
                          -2-




AND:

1.     SATURN REALTERS PRIVATE LIMITED
       REGISTERED OFFICE AT SY NO.86,87,90,91,
       SANDHYA TECHNO-I
       OPP. SUNSHINE HOSPITAL,
       RAIDURG MAIN ROAD,
       HYDERABAD,
       TELANGANA-500 032.

       REP. BY ITS DIRECTOR AND AUTHORIZED
       REPRESENTATIVE MR. MIURALIDHAR SARANALA

2.     EDELWEISS ASSET RECONSTRUCION COMPANY
       LIMITED
       (ACTING IN ITS CAPACITY AS A TRUSTEE OF EARC
       TRUST SC 244)
       REGISTERED OFFICE AT EDELWEISS HOUSE,
       OFF CST ROAD, KALINA,
       MUMBAI-400098
       REP. BY ITS MANAGING DIRECTOR AND CEO

                                     ....RESPONDENTS

(BY SMT. A. SATYASIRI, ADVOCATE FOR R1
    SRI. DHYAN CHINNAPPA, AAG FOR
    SRI. AMIT KUMAR MISHRA, ADVOCATE FOR C/R-2
    SRI. UDAYA HOLLA, Sr. ADVOCATE FOR
    SRI. GANAPATHY M.S. &
    SRI. ADITYA SETHI, ADVOCATES FOR IMPLEADING
    APPLICANT IN WRIT PETITION)


     THIS WRIT APPEAL IS FILED UNDER SECTION 4 OF
THE KARNATAKA HIGH COURT ACT, 1961, PRAYING TO
SET ASIDE THE ORDER DATED 20/04/2022 PASSED BY
THE LEARNED SINGLE JUDGE IN WP 2710/2022.

     THIS WRIT APPEAL COMING ON FOR ORDERS THIS
DAY, CHIEF JUSTICE DELIVERED THE FOLLOWING:
                               -3-




                         JUDGMENT

This intra court appeal has been filed against an

interlocutory order dated 20.04.2022, passed in

W.P.No.2710/2022, whereby certain directions have

been issued permitting the respondent No.2-Bank to

hold the auction. Respondent No.1-petitioner has

been permitted to participate in the auction

proceedings.

2. Sri. K. N. Phanindra, learned Senior Advocate

appearing for the appellants submits that he has

moved an application for impleadment before the writ

court. He is the borrower and he has right to be

heard. It is also submitted that before finalization of

auction, he should be given notice and be heard.

3. Sri. Dhyan Chinnappa, learned counsel

appearing for the respondent No.2-Bank as well as

Smt. Satyasiri, learned counsel appearing for

respondent No.1 submit that pursuant to the writ

court directions, the auction has already been held

and it is also submitted that the writ court is seized

with the matter and the matter is coming up before

the writ court on 08.06.2022.

4. We have considered the submissions of the

learned counsel appearing on behalf of the appellants

and respondents as well as Sri. Udaya Holla, Senior

Advocate appearing for the impleading applicant in

writ petition. We are of the considered view that

since the matter is seized with the writ court, no

interference is required by the appellate court at this

stage. The auction held by the respondent No.2-

Bank, is subject to further orders passed by the writ

court.

5. Accordingly, the writ appeal is dismissed. It

is needless to observe that the writ court will hear all

the parties, including the appellants, before finalizing

the matter.

6. In view of the order passed by this court,

I.A.Nos.1/2022, 2/2022 and 4/2022 does not survive

for consideration and are disposed of.

Sd/-

CHIEF JUSTICE

Sd/-

JUDGE

RD

 
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