- 1 - NC: 2025:KHC:446 WP No. 30313 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 8TH DAY OF JANUARY, 2025 BEFORE THE HON'BLE MR JUSTICE R DEVDAS WRIT PETITION NO. 30313 OF 2024 (GM-RES) BETWEEN: 1. M/S ASK RENEWABLES PARTNERSHIP FIRM HAVING ITS OFFICE AT NO.50, 2ND FLOOR, 2ND MAIN, 5TH 'A' CROSS, COCONUT GARDEN, BANGALORE-560072 REPRESENTED BY ITS MANAGING PARTNER SMT. MANUJA. 2. MANUJA. G. AGED ABOUT 34 YEARS, W/O. RAVIKUMAR S.M. MANAGING PARTNER OF ASK RENEWABLES, R/A NO.50, 2ND FLOOR, 2ND MAIN, 5TH 'A' CROSS, COCONUT GARDEN, NEAR NAGARBHAVI CIRCLE, BANGALORE-560072 3. MRS. NAYAN HEGDE W/O. NITIN HEBBAR AGED ABOUT 40 YEARS PARTNER OF ASK RENEWABLES R/A NO. 10144, SOBHA ASPIRE, NAGASANDRA, BANGALORE- 560073. Digitally signed by DHARMALINGAM Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:446 WP No. 30313 of 2024 4. MRS. SWAPNA KALANJI W/O. YOGESHWAR HEBBAR, AGED ABOUT 38 YEARS PARTNER OF ASK RENEWABLES R/A NO.9, VENKATESHWARA NILAYA, ANANTHASHYANANAGAR, LAGGERE, BANGALORE- 560058 5. MR. LAKSHMIPATHY AGED ABOUT 45 YEARS S/O. GOPALAPPA PARTNER OF ASK RENEWABLES, R/A NO. 27, 10TH CROSS, 9TH MAIN, HENNUR, MARUTHI LAYOUT, KALYAN NAGAR, BANGALORE-560043. …PETITIONERS (BY SRI. HARSHITHA K V RAJ., ADVOCATE) AND: 1. CANARA BANK PREVIOUSLY KNOWN AS SYNDICATE BANK REPRESENTED BY ITS AUTHORIZED OFFICER, HAVING ITS HEAD OFFICE AT NO.6648, 112, J.C. ROAD, NAGARATHPETE, BANGALORE- 560001. J.C. ROAD, BANGALORE 2. CANARA BANK PREVIOUSLY KNOWN AS SYNDICATE BANK REPRESENTED BY ITS BRANCH MANAGER, HAVING ITS BRANCH OFFICE AT NO. 473, D (7), 13TH CROSS, 4TH PHASE PEENYA INDUSTRIAL AREA, BANGALORE- 560048 …RESPONDENTS (BY SRI. VIGNESH SHETTY., ADVOCATE) - 3 - NC: 2025:KHC:446 WP No. 30313 of 2024 THIS WRIT PETITION IS FILED UNDER ARTILCE 226 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE R1- BANK TO CONSIDER THE LOAN ACCOUNT OF THE PETITIONER FOR OTS SCHEME AND THE PETITIONERS SHALL ABIDE BY THE TERMS OF THE SAID OTS SCHEME AND DIRECT THE R2-BANK NOT TO TAKE POSSESSION OF THE PETITION SCHEDULE PROPERTY AS PER ANNEXURE-G AND ETC. THIS WRIT PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE R DEVDAS ORAL ORDER This Court had passed an order on 12.11.2024 in respect of the interim prayer made in the writ petition subject to the petitioners depositing 20% of the outstanding amount due as on the date of the order, within four weeks. On 30.12.2024, this Court ordered that in view of the averments made in the Affidavit accompanying the application, the interim order dated 12.11.2024 shall stand extended subject to the petitioners depositing a sum of Rs.7.00 Lakhs on or before 01.01.2025 and a further sum of Rs.1.00 Crore on or before 06.01.2025, which was directed to be deposited - 4 - NC: 2025:KHC:446 WP No. 30313 of 2024 with the respondent-Bank. It was also made clear that in the event the deposit is not made as ordered, not only shall the interim order stand automatically vacated, but also the writ petition itself shall be liable to be dismissed. 2. Today, the learned counsel for the petitioners has filed a memo stating that the petitioners have deposited a sum of Rs.7.00 Lakhs with the respondent-Bank on 01.01.2025. However, the learned counsel admits that the petitioners have not deposited Rs.1.00 Crore as directed by this Court. 3. In that view of the matter, the writ petition stands dismissed. Sd/- (R DEVDAS) JUDGE DL CT: JL