- 1 - NC: 2025:KHC:10165 WP No. 3885 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF MARCH, 2025 BEFORE THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 3885 OF 2024 (GM-DRT) BETWEEN: M/S. PRM TRAVEL AID NO.1 AND 2, LBS NAGAR MAIN ROAD ANNASANDRA PALYA, HAL POST BENGALURU - 560 017 REPRESENTED BY ITS PROPRIETOR MR. MANUVEL (BORROWER) S/O LORDUSWAMY AGED ABOUT 45 YEARS NO.59, 39TH CROSS, BDA LAYOUT 5TH MAIN ROAD, SUDHAMA NAGAR BENGALURU - 560 075. …PETITIONER (BY SRI RAJENDRA M. A., ADVOCATE) AND: THE AUTHORISED OFFICER CANARA BANK JESU KRUPA COMPLEX VIANAURA BRANCH HAL COLONY/AIRPORT ROAD BENGALURU - 560 017. …RESPONDENT THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH / SET ASIDE THE IMPUGNED ORDER DT. 30/11/2023 PASSED BY THE HONB’LE DEBT RECOVERY TRIBUNAL -II, IN IA NO. 1070/2023 Digitally signed by NAGAVENI Location: High Court of Karnataka - 2 - NC: 2025:KHC:10165 WP No. 3885 of 2024 IN SA NO. 191/2023, AT BENGALURU, IF THE RESPONDENT BANK IS ALLOWED TO TAKE POSSESSION OF THE SCHEDULE PROPERTY, WHICH MAY LEAD TO MULTIPLE LITIGATION, ABUSE OF PROCESS OF LAW AND CAREER OF BOTH THE CHILDREN WILL BE SPOILED, WHO HAVE SECURED BOTH MEDICAL AND ENGINEERING SEATS ON MERITS. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE M.NAGAPRASANNA ORAL ORDER Learned counsel for the petitioners files a memo seeking permission to withdraw the petition. 2. The memo reads as follows: “MEMO FOR WITHDRAWAL It is respectfully submitted that, in view of the settlement arrived at between Respondent Bank and the Petitioner renders infructuous and hence prays to permit us to withdraw the petition as withdrawn. Hence, prays to dispose the matter as withdrawn and the same may be taken on record in the interest of justice and equity.” In terms of the memo, the writ petition is disposed as withdrawn. SD/- (M.NAGAPRASANNA) JUDGE NVJ List No.: 1 Sl No.: 314