Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2025:KHC:21150 WP No. 26618 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19TH DAY OF JUNE, 2025 BEFORE THE HON'BLE MR JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 26618 OF 2024 (GM-RES) BETWEEN:
1.
SMT. C. INDIRA W/O.C.NAGARAJU, AGE ABOUT 52 YEARS, RESIDING AT NO.39, 1ST MAIN, MARUTHI EXTENSION, SRIRAMPURAM, BANGALORE-560 021. …PETITIONER (BY SRI. SHARATHKUMAR SHETTY., ADVOCATE) AND:
1.
THE AUTHORIZED OFFICER/MANAGER AXIS BANK, PLOT NO.41, SESHADRI ROAD, ANANDRAO CIRCLE, BANGALORE-560 009.
2.
SRI.PALINI BALASUNDARAM, S/O.P.BALASUNDRAM, AGE ABOUT 62 YEARS, RESIDING AT NO.39, 1ST MAIN ROAD, MARUTHI EXTEBNSION, GAYATHRI NAGAR, SRIRAMPURAM, BBMP WARD NO.8, BANGALORE-560 021.
3. SRI.B.NANDAKUMAR, S/O.P.BALASUNDRAM, AGE ABOUT 54 YEARS, RESIDING AT NO.39, 1ST MAIN ROAD, MARUTHI EXTENSION, GAYATHRI NAGAR, SRIRAMPURAM,
Digitally signed by VIDYA G R Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2025:KHC:21150 WP No. 26618 of 2024
BBMP WARD NO.8, BANGALORE-560 021.
(NOTE: AS PER THE NOTICE I.E., ANNEXURE D THE RESPONDENT BANK HAS SENT NOTICE TO THE RESIDENCE OF RESPONDENT 2 & 3 AS WELL AS THEIR OFFICE ADDRESS HENCE ONLUY RESIDENTIAL ADDRESS IS MENTIONED IN CAUSE TITLE) …RESPONDENTS (BY SRI. FRANCIS XAVIER., ADVOCATE FOR R1;
SRI. S G VENKATACHALAPATHY, ADVOCATE FOR R2 & R3)
THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED NOTICE DTD 19.09.2024 ISSUED BY THE R-1 AS PER ANNX-D.
THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR JUSTICE S SUNIL DUTT YADAV
ORAL ORDER
Learned counsel for respondent No.1 has filed a memo which reads as hereunder:
"During the pendency of the Writ Petition, the loan account has been settled by the Borrower / Respondent No.2 and accordingly, the Respondent withdrawn the measures initiated under the SARFAESI Act and deliver the physical possession and returned the original title deeds of
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HC-KAR NC: 2025:KHC:21150 WP No. 26618 of 2024
the Schedule Property to the custody of the Respondent No.2. Hence, this memo.
Wherefore, it humbly prays that this Hon'ble Court be pleased to dispose of the Writ Petition as the prayer sought has become infructuous in the interest of justice and equity."
It is submitted that the claims of the petitioner have been satisfied. In light of the same, petition is disposed off as not calling for adjudication taking note of the settlement as reported.
Sd/- (S SUNIL DUTT YADAV) JUDGE
VP