- 1 - NC: 2025:KHC:6704 WP No. 2468 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 14TH DAY OF FEBRUARY, 2025 BEFORE THE HON'BLE MR JUSTICE R DEVDAS WRIT PETITION NO. 2468 OF 2025 (GM-RES) BETWEEN: 1. MR. B.M. GURUPRASAD S/O A MUNIKRISHNAPPA AGED ABOUT 50 YEARS, NO.52, BETTAHALLI VILLAGE, SULIBELE POST AND HOBLI, HOSAKOTE TALUK, BANGALORE RURAL DISTRICT - 562 129. 2. MR. A MUNIKRISHNAPPA S/O LATE APPAJAPPA AGED ABOUT 82 YEARS, BETTAHALLI VILLAGE, SULIBELE POST AND HOBLI, HOSAKOTE TALUK, BANGALORE RURAL DISTRICT - 562 129. 3. MRS. MUNIRATHANAMMA W/O A MUNIKRISHNAPPA AGED ABOUT 78 YEARS, BETTAHALLI VILLAGE, SULIBELE POST AND HOBLI, HOSAKOTE TALUK, BANGALORE RURAL DISTRICT - 562 129. 4. SONAPPA S/O APPAJAPPA, AGED ABOUT 75 YEARS, BETTAHALLI VILLAGE, SULIBELE POST AND HOBLI, HOSAKOTE TALUK, BANGALORE RURAL DISTRICT - 562 129. (SENIOR CITIZEN BENEFITS NOT CLAIMING) …PETITIONERS (BY SRI. MOHAMMED SULTAN BEARY, ADVOCATE) Digitally signed by SWAPNA V Location: high court of karnataka - 2 - NC: 2025:KHC:6704 WP No. 2468 of 2025 AND: AUTHORISED OFFICER UNION BANK OF INDIA ASSET RECOVERY BRANCH NORTH, NO.1234, 1ST FLOOR, 4TH MAIN, OPP CHANDRA LAYOUT BUS STOP, BENGALURU - 560 040. …RESPONDENT (BY SRI. PRABHU RAO C.B., ADVOCATE) THIS W.P IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECTING THE RESPONDENT BANK TO CONSIDER GRANTING TIME TO THE PETITIONERS TO REPAY THE LOAN AMOUNT. QUASH THE DEMAND NOTICE BEARING NO. ARB/296/DN 56/23-24 ISSUED ON 31.08.2023 BY THE RESPONDENT BANK PRODUCED AS ANNEXURE -E AND ETC., THIS W.P, COMING ON FOR PRELIMINARY HEARING - B GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE R DEVDAS ORAL ORDER The petitioners and respondent along with their learned counsels have filed a joint memo for settlement stating that petitioner has agreed to pay a sum of Rs.20 lakhs by 14.02.2025; Rs.1 crore by 28.02.2025 and Rs.1 Crore by the end of March 2025. - 3 - NC: 2025:KHC:6704 WP No. 2468 of 2025 2. The petitioner has also agreed to pay the balance amount by end of April as agreed in the OTS proposals, which would also include payment of interest during the delayed period, as stipulated with the Bank, along with other expanses and charges till the actual payment of the amount specified above. 3. Learned counsels on both sides pray that the writ petition may be disposed of in terms of the joint memo and affidavit filed by the parties. 4. Accordingly, writ petition stands disposed of in terms of the joint memo for settlement and the affidavits filed by the parties. Sd/- (R DEVDAS) JUDGE BH List No.: 1 Sl No.: 78