- 1 - HC-KAR NC: 2025:KHC:23912 WP No. 10441 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3RD DAY OF JULY, 2025 BEFORE THE HON'BLE MR. JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 10441 OF 2025 (GM-RES) BETWEEN: 1. M/S. ARYA VYSYA REFRESHEMENT REP., BY ITS PROPRIETOR, M. MANIKANTA, S/O MURUGAN, AGED ABOUT 45 YEARS, R/AT G-1, SHRIMATI BHAGYMMA APARTMENT, AUDINARYANA MANSION, SURVEYOR STREET, BASAVANGUDI, BENGALORE -560 004. 2. SRI.M.MANIKANTA, S/O MURUGAN, AGED ABOUT 45 YEARS, R/AT G-1, SHRIMATI BHAGYMMA APARTMENT, AUDINARYANA MANSION, SURVEYOR STREET, BASAVANGUDI, BENGALORE -560 004. 3. SMT. RAJANI, W/O. M. MANIKANTA, AGED ABOUT 40 YEARS, R/AT G-1, SHRIMATI BHAGYMMA APARTMENT, AUDINARYANA MANSION, Digitally signed by VIJAYA P Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:23912 WP No. 10441 of 2025 SURVEYOR STREET, BASAVANGUDI, BENGALORE-560 004. … PETITIONERS (BY SRI. GANGADHAR., ADVOCATE) AND: 1. SHRIRAM FINANCE LTD., (HEAD OFFICE) (FORMERLY KNOWN AS SHRIRAM CITY UNION FINANCE LTD., WHICH WAS AMALGAMATED WITH SHRIRAM TRANSPORT FINANCE COMPANY LTD.,) RGD., OFFICE AT SRI TOWERS PLOT NO.14A, SOUTH PHASE, INDUSTRIAL ESTATE GUINDY, CHENNAI, TAMIL NAIDU-600 032, REP. BY ITS AUTHORISED OFFICER BRANCH OFFICE AT: SHRIRAM FINANCE LTD., NO.2 AND 3, 2ND FLOOR, (REGISTERED UNDER THE COMPANIES ACT) MANANDI PLAZA, NEAR ST., MARKS HOTEL, SHANTHINAGARA, ASHOKNAGAR, BENGALORE -560 001. … RESPONDENT (BY SRI. CHANDRASHEKAR S.N., ADVOCATE FOR C/R IN C.P. NO.709/2025) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE ENTIRE SALE PROCEEDINGS HELD ON 05.03.2025 IN PURSUANCE OF SALE NOTICE DTD. 05.02.2025 PRODUCED AT ANNEXURE-A IN RESPECT OF SCHEDULE PROPERTY AND ETC. - 3 - HC-KAR NC: 2025:KHC:23912 WP No. 10441 of 2025 THIS PETITION, COMING ON FOR ORDERS THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE S SUNIL DUTT YADAV ORAL ORDER Learned counsel for the petitioners has filed a memo seeking to withdraw the petition. 2. The memo is taken on record. It reads as follows:- "It is submitted that in view of the settlement arrived between the parties; to close the loan account on payment of entire loan amount along with interest and ancillary charges, the petitioners do not wish to prosecute this case. Further, in view of the respondent Bank itself is ready to accept the entire amount and agreed to close the dispute, the petitioner will not be going to press the IA's Filed by them. Hence, it is prayed that this Hon'ble Court be pleased to dismiss the petition as withdrawn to meet the ends of justice." 2. In light of the memo filed and submission made that the dues of the Bank would be settled by the petitioners, the petition is dismissed as not pressed. - 4 - HC-KAR NC: 2025:KHC:23912 WP No. 10441 of 2025 3. In light of withdrawal of the petition, the interlocutory applications, if any, do not survive for adjudication and are accordingly dismissed. Sd/- (S SUNIL DUTT YADAV) JUDGE VGR