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2025 DAILYLAW 17278 (KAR)

SRI NAGESH K N v. THE RESERVE BANK OF INDIA

WP/4907/2025 · 2025-04-29

M Nagaprasanna

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - NC: 2025:KHC:18146 WP No. 4907 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29TH DAY OF APRIL, 2025 BEFORE THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 4907 OF 2025 (GM-RES) BETWEEN: SRI NAGESH K N MANAGING PARTNER OF M/S SNEHA GROUP SON OF CHIKKATHIMMARAYAPPA AGED ABOUT 46 YEARS RESIDING AT MUNIYAPPA BUILDING KUPPUR MAIN ROAD, MASTHI, MALUR TALUK, KOLAR DISTRICT - 563139 …PETITIONER (BY SRI. KRISHNA MURTHY T R.,ADVOCATE) AND: 1. THE RESERVE BANK OF INDIA HAVING OFFICE AT NO. 10/3/8, NRUPATHUNGA ROAD, BANGALORE - 560001 2. THE HEAD OFFICE REP. BY BRANCH MANAGER Digitally signed by NAGAVENI Location: High Court of Karnataka - 2 - NC: 2025:KHC:18146 WP No. 4907 of 2025 CANARA BANK, HAVING OFFICE AT NO.112 J.C.ROAD, NAGARATHPET OPPOSITE PUTANNA CHETTY KALA MANDIR BANGALORE - 560002. 3. THE CHIEF MANAGER CANARA BANK, MASTHI BRANCH, MALUR TALUK, KOLAR DISTRICT - 563139. 4. THE REGIONAL OFFICER CANARA BANK, HAVING OFFICE AT WARD NO.24, KEELUKONTE EXTENSION, ANTARGANGE MAIN ROAD, KOLAR TOWN - 563101. …RESPONDENTS (R4 IS SERVED, UNREPRESENTED) THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECTION IN THE CERTIORARI OR ANY OTHER APPROPRIATE WRIT ORDER OR DIRECTION QUASHING THE IMPUGNED POSSESSION NOTICE (SECTION 13 (3) DATED 09.12.2024 VIDE REFERENCE NO. 197/GVP/PN/488/285/2, ISSUED BY THE R-3 HEREIN WITH RESPECT TO THE SCHEDULE PROPERTY ANNEXURE -A AND ETC. THIS PETITION, COMING ON FOR FINAL HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 3 - NC: 2025:KHC:18146 WP No. 4907 of 2025 CORAM: HON'BLE MR JUSTICE M.NAGAPRASANNA ORAL ORDER Learned counsel appearing for the petitioner files a memo seeking to withdraw the petition. The memo reads as follows: " MEMO FOR WITHDRAWAL The under signed counsel for the petitioner in the above petition most humbly prays that this Hon'ble court may be pleased to permit the petitioner to withdraw the petition, as the respondent No.3 and 4 have issued NOC with respect to the loan of the petitioner and discharged the petitioner property from the mortgage by way of registered discharge deed and handover the all original documents to the petitioner, hence, this memo for withdrawal, in the interest of justice." 2. In terms of memo, the petition is disposed as withdrawn. Sd/- (M.NAGAPRASANNA) JUDGE KG List No.: 5 Sl No.: 12