- 1 - HC-KAR NC: 2025:KHC:19453 WP No. 8141 of 2020 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF JUNE, 2025 BEFORE THE HON'BLE MR JUSTICE SURAJ GOVINDARAJ WRIT PETITION NO. 8141 OF 2020 (GM-DRT) BETWEEN: 1. M/S. METAL CLOSURES PVT LTD., A COMPANY INCORPORATED UNDER THE PROVISIONS OF THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT NO. 39/4B, 12TH KM, KANAKAPURA ROAD, BENGALURU-560 062, HEREIN REPRESENTED BY MR. B. PRASHANTH HEGDE, ITS MANAGING DIRECTOR. 2. MR. B. PRASHANTH HEGDE S/O. RATHNAKAR HEGDE, AGED ABOUT 69 YEARS, 3. DR. SHEREEN HEGDE W/O. MR. B. PRASHANTH HEGDE, AGED ABOUT 65 YEARS, BOTH THE ABOVE MENTIONED PARTIES 2 & 3 ARE RESIDENTS OF NO. 261, DEFENCE COLONY, INDIRANAGAR, BENGALURU-560 038. …PETITIONERS (BY H.N. VASUDEVAN., ADVOCATE (NOC)) Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:19453 WP No. 8141 of 2020 AND: 1. THE PRESIDING OFFICER, DEBT RECOVERY TRIBUNAL RESIDENCY ROAD, BANGALORE-560 001. 2. STATE BANK OF INDIA THROUGH ITS STRESSED ASSETS MANAGEMENT BRANCH, 2ND FLOOR, OFFICE COMPLEX BUILDING, LHO CAMPUS, NO.65, ST MARKS ROAD, BANGALORE-560 001, HEREIN REPRESENTED BY ITS DEPUTY GENERAL MANAGER. 3. STATE BANK OF INDIA SPECIALIZED MID CORPORATE BRANCH, 136, RAILWAY PARALLEL ROAD, KUMARAPARK WEST, BANGALORE-560 001. 4. PUNJAB NATIONAL BANK LARGE CORPORATE BRANCH, CENTENARY BUILDING, 28, M. G. ROAD, BANGALORE-560 001, HEREIN REPRESENTED BY ITS DEPUTY GENERAL MANAGER. 5. CORPORATION BANK SARAKKI LAYOUT BRANCH, SARAKKI INDUSTRIAL AREA OPP TO MINI FOREST J. P. NAGAR, BANGALORE-560 078 HEREIN REPRESENTED BY ITS CHIEF GENERAL MANAGER. 6. UCO BANK NO.13/22, K.G. ROAD, - 3 - HC-KAR NC: 2025:KHC:19453 WP No. 8141 of 2020 BANGALORE-560 009 HEREIN REPRESENTED BY ITS ASSISTANT GENERAL MANAGER. …RESPONDENTS THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO ISSUE DIRECTION TO R-1 TO HEAR AND DISPOSE OFF THE S.A.NO.(152/2016)067/2017, PENDING BEFORE IT WITHIN A SPECIFIED TIME FRAME AS DECIDED BY THIS HONBLE COURT. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE SURAJ GOVINDARAJ ORAL ORDER 1. The petitioners are before this Court seeking for the following reliefs: "Issue a writ of Mandamus or a Writ of similar nature/direction to the first Respondent to hear and dispose off the S.A.No.(152/2016) 067/2017". 2. Memo dated 09.06.2025 has been filed signed by the learned for the petitioners, which reads as under: "The petitioners herewith submits that the above writ petition has become infructuous and the same be dismissed as not pressed in the interest of justice and equity. Hence this memo." - 4 - HC-KAR NC: 2025:KHC:19453 WP No. 8141 of 2020 3. Accepting the said memo and submission of the counsel for the petitioners, petition is dismissed as not pressed. SD/- (SURAJ GOVINDARAJ) JUDGE RU, List No.: 1 Sl No.: 28