PRATHIBA D v. INDIAN SHELTER FINANCE CORPORATION LTD
WP/23206/2022 · 2025-06-27
S Sunil Dutt Yadav
body2025
DailyLaw.ai
[ 2025 DAILYLAW 33124 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 33124 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2025:KHC:22756 WP No. 23206 of 2022
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 27TH DAY OF JUNE, 2025 BEFORE THE HON'BLE MR JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 23206 OF 2022 (GM-RES) BETWEEN:
1.
PRATHIBA D W/O LT. S M VENAKTARAJU AGED ABOUT 38 YEARS R/AT SHIVANAPURA VILLAGE NANDAGUDI HOBLI HOSKOTE TALUK BENGALURU RURAL DISTRICT PIN CODE 562112. …PETITIONER (BY SRI. SHARATH S GOWDA., ADVOCATE)
AND:
1.
INDIAN SHELTER FINANCE CORPORATION LTD KVD TOWER, 4TH FLOOR INDIRANAGAR II STAGE HOYSALA NAGAR BENGALURU 560008 REP BY ITS MANAGING DIRECTOR REGISTRED UNDER COMPANIES ACT.
2.
ICICI PRUDENTIAL LIFE INSURANCE COMAPNY LTD HAVING ITS OFFICE AT ICICI PRULIFE 1089 APPASAHEB MARATHE MARG PRABHADEVI, MUMBAI 400025 REP BY ITS MANAGING DIRECTOR REGISTERED UNDER COMAPANIES ACT. …RESPONDENTS (BY SRI. K V LOKESH, ADVOCATE FOR R1;
SRI. H K REVANA SIDDAPPA., ADVOCATE FOR R2)
Digitally signed by PRAKASH N Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2025:KHC:22756 WP No. 23206 of 2022
THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE NOTICE DTD 11.10.2022 ISSED BY THE R-1 EXERCISING POWERS UNDER SECTION 13(4) OF THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTREST- SARFAESI ACT, 2002, VIDE ANNX-A.
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 along with the Memorandum of Settlement, which bears the signatures of the petitioner and respondent no.2.
2. The Memo as well as the Memorandum of Settlement are taken on record.
3. In light of the memo filed, the matter is disposed off as not calling for any adjudication.
4. Needless to state, if the settlement is not honoured by the second respondent, petitioner is at liberty to seek for revival of the petition. Sd/- (S SUNIL DUTT YADAV) JUDGE
NP