- 1 - NC: 2025:KHC:12738 WP No. 8438 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25TH DAY OF MARCH, 2025 BEFORE THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 8438 OF 2025 (GM-RES) BETWEEN: M/S. SHAKTHI PRINTTECH, BY ITS PROP. SRI. SARAVANAN V.N, S/O SRI. V. NARAYANMURTHY, AGED 45 YEARS, NO.16, 3RD AND 5TH CROSS, 2ND MAIN ROAD, RAMACHANDRAPURA, BANGALORE - 560 021. …PETITIONER (BY SRI. SANDHYA U. PRABHU, ADVOCATE) AND: CANARA BANK, REPRESENTED BY ITS AUTHORIZED OFFICER/MANAGER, REGIONAL OFFICE WEST, CANANARA BANK CHITRAPURA MUTT COMPLEX, MALLESHWARAM 15TH CROSS, BANGALORE - 560 055. …RESPONDENT (BY SMT. NATASHA N. MURTHY, ADVOCATE FOR SRI. VIGNESH S. SHETTY, ADVOCATE) THIS W.P. IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENT BANK TO REGULARISE THE LOAN ACCOUNT Digitally signed by NAGAVENI Location: High Court of Karnataka - 2 - NC: 2025:KHC:12738 WP No. 8438 of 2025 BEARING NO. 0409619000197 PRODUCED AT ANNX-F AND ETC., THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE M.NAGAPRASANNA ORAL ORDER The order of the Debt Recovery Tribunal directing payment is passed on 20.02.2025. Not a rupee has been paid since then and the subject petition is preferred seeking extension. Since the installment amount has to be paid on or before 25.03.2025, I deem it appropriate to extend the same by two more weeks. 2. The second installment is directed to be paid within 25.03.2025. Therefore, the entire amount shall be paid on or before the 20.04.2025. In the event, the same would not be paid, it is for the Debt Recovery Tribunal to pass necessary orders in accordance with law. 3. In the event, the petitioner would not comply with the entire payment by 20.04.2025, it is open to the Debt - 3 - NC: 2025:KHC:12738 WP No. 8438 of 2025 Recovery Tribunal to pass necessary orders thereon, in accordance with law. With the aforesaid observations, the petition stands disposed. Sd/- (M.NAGAPRASANNA) JUDGE JY List No.: 1 Sl No.: 74 CT: BHK