IN THE HIGH COURT OF HIMACHAL PRADESH AT SHIMLA CWP No.14378 of 2025 Decided on: 15.05.2026 _________________________________________________________________ M/s KRM Tyres ....Petitioner Versus State Bank of India and Ors …Respondents _________________________________________________________________ Coram Ms. Justice Jyotsna Rewal Dua 1 Whether approved for reporting? _________________________________________________________________ For the petitioner: Mr. Ajay Sipahiya, Advocate. For the respondents: Mr. Arvind Sharma, Advocate, for respondents No. 1 and 2. Mr. Anup Rattan, Advocate General, with Mr. L.N.Sharma, Additional Advocate General. Jyotsna Rewal Dua, Judge This writ petition has been filed for grant of following substantive reliefs:- “i. That a writ of certiorari may kindly be issued and the decision of the respondent bank dated 16.07.2025 (Annexure P-1) rejecting the One Time Settlement arrived between the parties, may kindly by quashed 1 Whether reporters of Local Papers may be allowed to see the judgment? Yes - 2 - and set aside. ii. That a writ of certiorari may kindly be issued and the Notice of Dispossession (Annexure P-8) passed by Respondent No.4 vide communication issued in the month of August 2025 with 03.09.2025 as the date of taking over the physical possession may kindly be quashed. iii. That an appropriate writ order or direction may kindly be issued and the respondent bank may kindly be directed to give effect to the One Time Settlement arrived at between the parties on 16.07.2025, by taking into consideration the upfront amount of Rs.3,30,00,000/- already deposited by the petitioner. Iv That necessary directions may kindly be issued to the respondent bank to consider the detailed payment plan along with source funds to be submitted by the petitioner with respondent bank.” 2. During hearing of the case today, learned counsel for the parties jointly apprised that parties have entered into an amicable settlement of the dispute involved in this writ petition. Copy of the said settlement dated 17.04.2026 arrived at between the parties has been placed on record. In terms of condition No.7 of the recorded mutual settlement and all cases filed against the Bank shall be withdrawn by the petitioner immediately. 3. It was apprised by learned counsel for the - 3 - respondents that based upon the aforesaid settlement, the petitioner has already withdrawn several proceedings from the Debt Recovery Tribunal-I Chandigarh. Learned counsel for the petitioner submits that in view of amicable settlement arrived at between the parties and its terms and conditions, the petitioner be permitted to withdraw the present writ petition. 4. In view of above, present writ petition is dismissed as withdrawn. Pending miscellaneous application(s), if any, also to stand disposed of. Jyotsna Rewal Dua Judge May 15, 2026 R.Atal