- 1 - NC: 2025:KHC:8570-DB CCC No. 745 of 2021 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 27TH DAY OF FEBRUARY, 2025 PRESENT THE HON'BLE MR JUSTICE K.SOMASHEKAR AND THE HON'BLE MR JUSTICE VENKATESH NAIK T CIVIL CONTEMPT PETITION NO.745 OF 2021 BETWEEN: THE AUTHORISED OFFICER HDFC BANK LIMITED REMEDIAL MANAGEMENT UNIT NO.268, 1ST FLOOR 4TH MAIN ROAD, 5TH CROSS THIPPASANDRA BENGLAURU - 560 075 REP. BY ITS AUTHORIZED REPRESENTATIVE SREEKALA S. - (AMENDED VIDE COURT ORDER DATED 19/1/2023) …COMPLAINANT (BY SRI VASUDEVAN H. N., ADVOCATE) AND: 1. M/S. NARAYANA ELECTRICAL SOLUTIONS PRIVATE LIMITED REGISTERED OFFICE AT NO.69, 1ST FLOOR, 4TH MAIN 4TH BLOCK, 3RD STAGE S. G. NAGAR BASAVESHWARNAGAR BENGALURU - 560 079 REP. BY ITS DIRECTOR U. NARAYANA MURTHY ALSO AT: NO.64, KIRLOSKAR COLONY 3RD STAGE, BASAWESHWAR NAGAR BENGALURU - 560 079 Digitally signed by MOUNESHWARAPPA NAGARATHNA Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:8570-DB CCC No. 745 of 2021 ALSO AT: MR. U. NARAYANA MURTHY S/O. LATE UGRAIAH NO.304, F-01, 4TH BLOCK, 3RD STAGE 8TH MAIN ROAD, BASAWESHWAR NAGAR BENGALURU - 560 079 ALSO AT: MR. U. NARAYANA MURTHY S/O. LATE UGRAIAH 605-A, SAMPIGE ROAD MANTRA GREEN APARTMENT MALLESHWARAM BENGALURU - 560 003. …ACCUSED (BY SRI S. G. BHAGAVAN, ADVOCATE) * * * THIS CCC IS FILED UNDER SECTIONS 11 AND 12 OF THE CONTEMPT OF COURT ACT, 1971, BY THE COMPLAINANT, WHEREIN HE PRAYS TO SUMMON, TRY AND PUNISH THE ACCUSED, FOR WILLFUL DISOBEDIENCE OF THE ORDER DATED 28.09.2020 PASSED BY THIS HON'BLE COURT IN W.P.NO.45306/2014 BY FRAMING APPROPRIATE CHARGES . THIS CCC, COMING ON FOR HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE K.SOMASHEKAR and HON'BLE MR JUSTICE VENKATESH NAIK T - 3 - NC: 2025:KHC:8570-DB CCC No. 745 of 2021 ORAL ORDER (PER: HON'BLE MR JUSTICE K.SOMASHEKAR) This contempt proceeding has been initiated by the complainant against the respondent relating to the order dated 28.09.2020 passed by this Court in WP No.45306/2014. 2. Sri. Vasudevan H. N., learned counsel appearing for the complainant and Sri. S. G. Bhagavan, learned counsel appearing for the respondent/accused are present before the Court physically. 3. Learned counsel for the complainant has filed a memo dated 27.02.2025 for seeking permission of this Court to withdraw the contempt proceedings, which reads as under: "The counsel for the Complainant submits that the Accused submitted a demand draft for Rs.8.25 crores with the Complainant in lieu of full and final settlement of the due amounts involved in the above contempt petition. The Complainant further submit that the said Demand Draft has been realized. In view of the above, the Complainant requests that this Hon'ble Court be pleased to drop the contempt proceedings. hence, this memo." 4. The said memo is taken on record. - 4 - NC: 2025:KHC:8570-DB CCC No. 745 of 2021 5. In view of the memo, learned counsel for the complainant is permitted to withdraw the contempt proceedings. 6. Accordingly, the contempt proceedings is dismissed as withdrawn. Sd/- (K.SOMASHEKAR) JUDGE Sd/- (VENKATESH NAIK T) JUDGE PHM List No.: 1 Sl No.: 52