- 1 - NC: 2025:KHC:967 WP No. 23313 of 2017 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF JANUARY, 2025 BEFORE THE HON'BLE MR JUSTICE V KAMESWAR RAO WRIT PETITION NO. 23313 OF 2017 (GM-RES) BETWEEN: 1. MR. RAMESH SUNDARAMURTHY, AGED ABOUT 46 YEARS, S/O. MR. S. SUNDARAMURTHY, RESIDING AT NO.17, 14TH FLOOR, MANTRI ALTIUS, RAJ BHAVAN RAOD, BANGALORE-560 001. 2. MR. RANJITH SUNDARAMURTHY, AGED ABOUT 42 YEARS, S/O. MR. S. SUNDARAMURTHY, RESIDING AT NO.123, HAYES ROAD, BANGALORE-560 025. 3. MR. S. SUNDARAMURTHY, AGED ABOUT 75 YEARS, RESIDING AT NO.142, SUNDARA BHAVAN, M.G. ROAD, BANGALORE-560 001. 4. M/S. MLC PROPERTIES LLP, A LIMITED LIABILITY PARTNERSHIP INCORPORATED UNDER THE LIMITED LIABILITY PARTNERSHIP ACT, 2008, HAVING ITS REGISTERED OFFICE AT "THE MILLENIA", ANNEX LEVEL 1, TOWER D, MURPHY ROAD, ULSOOR, BANGALORE-560 008, REPRESENTED BY PETITIONER 1 TO 3 Digitally signed by K G RENUKAMBA Location: High Court of Karnataka - 2 - NC: 2025:KHC:967 WP No. 23313 of 2017 BEING THE PARTNERS OF THE SAID FIRM. …PETITIONERS (BY SMT.AMITHA JAYAPRAKASH, ADVOCATE FOR SRI.AJESH KUMAR.S ADVOCATE FOR PETITIONERS) AND: 1. RESERVE BANK OF INDIA, 10/3/8, NRUPATHUNGA ROAD, BENGALURU-560 001, REPRESENTED BY ITS ASSISTANT GENERAL MANAGER. 2. THE FEDERAL BANK LIMITED, A BANKING COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT ALUVA, KERALA - 683 101, REPRESENTED BY ITS MANAGING DIRECTOR. 3. THE FEDERAL BANK LIMITED, BANASWADI BRANCH, NO.13, BANASWADI MAIN ROAD, BANGALORE-560 043, REPRESENTED BY ITS CHIEF MANAGER & BRANCH HEAD. …RESPONDENTS (R1-SERVED, SRI.ADINATH NARDE, ADVOCATE FOR R2 & R3 THIS WP IS FILED UNDER ARTICELS 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO (I) DIRECT R-1 RESERVE BANK OF INDIA, TO CONSIDER ANNEXURE-A COMPLAINT SUBMITTED BY THE PETITIONERS ON 7.4.2017 AND TAKE APPROPRIATE ACTION AGAINST THE R-2 AND R3 BANK; (II) DECLARE THAT THE RESPONDENT FEDERAL BANK CANNOT WITHHOLD THE TITLE DOCUMENTS DEPOSITED BY THE PETITIONERS PURSUANT TO THE AGREEMENTS DATED 15.12.2015 AT ANNEXURE-D UPON THE REPAYMENT OF THE OUTSTANDING LOAN OF RS.26,28,04,009/- DUE ON THE LOAN ACCOUNT BEARING NO. A/C 14717100000218 AND ETC., - 3 - NC: 2025:KHC:967 WP No. 23313 of 2017 THIS PETITION, COMING ON FOR PRELIMINARY HEARING ‘B’ GROUP THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE V KAMESWAR RAO ORAL ORDER Learned counsel for the petitioners has filed a memo for withdrawal dated 10.01.2025, which reads as under: “The undersigned Counsel for the Petitioners seeks leave of this Hon’ble Court to withdraw the instant Petition, seeking liberty for the Petitioners to avail the remedy available as per Law. Wherefore, it is most respectfully prayed that this Hon’ble Court be pleased to permit the Petitioners to withdraw the instant Writ Petition, with liberty to avail all remedies available as per Law and pass such Orders, and further Orders, in the interest of Justice and Equity.” Hence, the writ petition is dismissed as withdrawn. Sd/- (V KAMESWAR RAO) JUDGE SMC/List No.: 1 Sl No.: 16