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2025 DAILYLAW 30410 (KAR)

K R RAMACHANDRAIAH v. REPATRIATES CO OPERATIVE FINANCE AND DEVELOPMENT BANK LIMITED

WP/20837/2024 · 2025-04-25

M Nagaprasanna

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - NC: 2025:KHC:17170 WP No. 20837 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25TH DAY OF APRIL, 2025 BEFORE THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 20837 OF 2024 (GM-RES) BETWEEN: 1. K.R. RAMACHANDRAIAH, S/O RAMAKRISHNAIAH,, AGED ABOUT 52 YEARS, 2. SHEEJA, W/O R. RAMACHANDRAIAH, AGED ABOUT 50 YEARS, RESIDING AT NO. 52, KEREKATHIGANOOR, NELAMANGALA, BENGALURU RURAL - 562 111. …PETITIONERS (BY SRI. SACHIN B.S, ADVOCATE) AND: 1. REPATRIATES CO-OPERATIVE FINANCE AND DEVELOPMENT BANK LIMITED, DEEMED TO BE REGISTERED UNDER THE MULTI STATE CO-OPERATIVE SOCIETIES ACT 1984, HEAD OFFICE AT "REPCO TOWER" NO. 33, NORTH USMAN ROAD, T NAGAR, CHENNAI - 600 017. 2. REPCO BANK LIMITED, (GOVERNMENT OF INDIA ENTERPRISES), YELAHANKA BRANCH, Digitally signed by NAGAVENI Location: High Court of Karnataka - 2 - NC: 2025:KHC:17170 WP No. 20837 of 2024 NO. 296, SMK COMPLEX, 1ST FLOOR, 1ST A MAIN, ROAD A SECTOR, YELAHANKA NEW TOWN, BENGALURU - 560 064. 3. CENTRAL REGISTRAR, MULTI STATE CO-OPERATIVE SOCIETY, HAVING ITS OFFICE AT ALI ASKER ROAD, NEAR RAJ BHAVAN, VASANTH NAGAR, BENGALURU - 560 052. 4. MR. S. SEETHURAMAN, ARBITRATOR, ARBITRATION CENTRE, III FLOOR, NO. 55, 4TH MAIN ROAD, (RAMACHANDRA AATHITHANAR STREET), GANDHI NAGAR, ADYAR, CHENNAI - 600 020. …RESPONDENTS (BY SRI. S. SHIVAPRASAD, ADVOCATE FOR R2; R1, R3 AND R4 ARE SERVED AND UNREPRESENTED) THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE NOTICE DATED 20.5.24 AND THE PROCEEDINGS INITIATED BEFORE THE ARBITRATOR MR. S. SETHURAMAN, R4 IN A.R.C NO. 314/2024 UNDER SECTION 84 OF THE MULTI STATE CO OPERATIVE SOCIETIES ACT 2002 VIDE ANNEXURE-A IN SO FAR AS THE PETITIONERS CONCERNED AND ETC., THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 3 - NC: 2025:KHC:17170 WP No. 20837 of 2024 CORAM: HON'BLE MR JUSTICE M.NAGAPRASANNA ORAL ORDER Learned counsel appearing for the petitioners files a memo seeking withdrawal of the petition. The memo so filed reads as follows: "MEMO FOR WITHDRAWAL The undersigned counsel appearing for the petitioners hereby filing the present Memo seeking permission of this Hon'ble court to withdraw the above writ petition, since the petitioners and the Respondent Bank have agreed for the settlement out of the court. Hence, the petitioners requesting this Hon'ble court to permit the petitioners to withdraw the above writ petition, in the interest of justice and equity." In terms of memo, the petition is disposed as withdrawn. Sd/- (M.NAGAPRASANNA) JUDGE JY List No.: 1 Sl No.: 67 CT: BHK