- 1 - HC-KAR NC: 2025:KHC:20020 WP No. 13952 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF JUNE, 2025 BEFORE THE HON'BLE MR JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 13952 OF 2022 (GM-RES) BETWEEN: 1. KARNATAKA POWER CORPORATION LIMITED A COMPANY INCORPORATED LUNDER THE COMPANIES ACT 1956 HAVING ITS REGISTERED OFFICE AT NO 82, SHAKTI BHAVAN, 6TH FLOOR, RACECOURSE ROAD, BENGALURU - 560 001 REPRESENTED BY ITS LAW OFFICER AND AUTHORIZED SIGNATORY ASSISTANT GENERAL MANAGER SHRI KABADE D R … PETITIONER (BY SRI. AJAY J N., ADVOCATE) AND: 1. STATE BANK OF INDIA HAVING ITS BRANCH OFFICE AT OVERSEAS BRANCH NO 65, ST MARKS ROAD, BANGALORE - 560 001 BY ITS MANAGER … RESPONDENT (BY SRI. T.P. MUTHANNA., ADVOCATE) Digitally signed by PRAKASH N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:20020 WP No. 13952 of 2022 THIS W.P. IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA, PRAYING TO DIRECT THE RESPONDENT BANK TO CONSIDER THE LETTER DTD. 10.8.2020 (ANNEXURE-R) AND LETTER DTD. 26.10.2021 (ANNEXURE-T) ISSUED BY THE PETITIONER AND RELEASE THE AMOUNTS UNDER THE BANK GUARANTEES (BG) BEARING NO.0702408BG0000238 DTD.28.6.2008 ANNEXURE-C BG NO.0702408BG0000307 DTD.1.9.2008 ANNEXURE-F, BG NO.0702408BG0000381 DTD.4.11.2008 ANNEXURE-J AND BG NO.0702408BG0000380, DTD.4.11.2008 ANNEXURE-M ISSUED BY THE RESPONDENT BANK TO THE PETITIONER TOTALLY AMOUNTING TO RS.7,82,50,000/- (RUPEES SEVEN CRORE EIGHTY TWO LAKH AND FIFTY THOUSAND ONLY) IN FAVOUR OF THE PETITIONER HEREIN 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 Learned counsel for petitioner has filed a memo for withdrawal reading as hereunder: "The petitioner in the instant petition prays to submit that the instant petition has been filed seeking issue of writ of mandamus against the respondent to consider the Letter issued by the petitioner and release of Bank Guarantees. During the pendency of the instant petition, the respondent Bank has considered the Letters and released the payment against the Bank - 3 - HC-KAR NC: 2025:KHC:20020 WP No. 13952 of 2022 Guarantees to the Petitioner. In light of the same, the relief sought by the petitioner has become infructuous. Wherefore, this Hon'ble court may be pleased to dispose off the instant petition as withdrawn, in the interest of justice and equity." The memo is taken on record. 2. In light of the same, the petition is dismissed as having become infructuous. Sd/- (S SUNIL DUTT YADAV) JUDGE NP