- 1 - HC-KAR NC: 2025:KHC:20649 WP No. 11746 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 16TH DAY OF JUNE, 2025 BEFORE THE HON'BLE MR JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 11746 OF 2025 (GM-DRT) BETWEEN: 1. M/S. KOIEL BISCUIT AND SNACKS, PROP: GEETHA RAVINDRA, PROPRIETORSHIP FIRM, HAVING OFFICE AT NO.242/1, NAGAWALA-HUNSUR ROAD, YELWAL HOBLI, MYSORE - 571 130. 2. SMT. GEETHA RAVINDRA AGED ABOUT 71 YEARS, WIFE OF LATE N. RAVINDRA, RESIDING AT NO.207, KOIEL MANSION, ERRAPANA KOPPAL VILLAGE, YELWAR HOBLI, MYSORE - 571 130. …PETITIONERS (BY SRI. RUDRABHUSHAN C.B, ADVOCATE) AND: CANARA BANK, BRANCH OFFICE NEAR BUS STOP, OPP. TO POLICE STATION, MYSURU HUNSUR ROAD, YELWALA, MYSURU - 571 130, REPRESENTED BY ITS AUTHORIZED OFFICER MR. K.S. MOHAN, CHIEF MANAGER …RESPONDENT (BY SRI. VIGNESH SHETTY, ADVOCATE) Digitally signed by VIDYA G R Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:20649 WP No. 11746 of 2025 THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENT BANK TO EXTEND THE TIME FOR PAYMENT OF OTS AMOUNT AS PER JOINT MEMO DATED 31.08.2024 FILED BEFORE DISTRICT LEGAL SERVICES AUTHORITY. MYSURU AT DEBTS RECOVERY TRIBUNAL-II, BENGALURU IN CASE BEARING O.A.NO.1398 OF 2021 AND O.A.NO.1149 OF 2021 BY TOTAL PERIOD OF SIX MONTHS IN RESPECT OF SUBJECT LOAN ACCOUNT, MAINTAINED BY THE PETITIONER WITH THE RESPONDENT BANK, VIDE ANNEXURE-A AND ETC., 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 1. The present petition was filed seeking for issuance of writ of mandamus to direct the respondent - Bank to extend the time for payment of OTS amount as per joint memo dated 31.08.2024. 2. Learned counsel Sri Vignesh Shetty appearing for the respondent - Bank submits that the said OTS proposal relating to the joint memo dated 31.08.2024 has been - 3 - HC-KAR NC: 2025:KHC:20649 WP No. 11746 of 2025 superceded by a fresh One Time Settlement (OTS) process. 3. Learned counsel for the petitioners submits in terms of the fresh OTS settlement proposal, petitioners is required to make certain payments. 4. In light of the subsequent development as evidenced by the memo dated 16.06.2025, matter is disposed off as not calling for any adjudication. All contentions are kept open. Sd/- (S SUNIL DUTT YADAV) JUDGE DHA List No.: 1 Sl No.: 4 CT: BHK