- 1 - NC: 2025:KHC:6313 WP No. 33927 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF FEBRUARY, 2025 BEFORE THE HON'BLE MR JUSTICE R DEVDAS WRIT PETITION NO. 33927 OF 2024 (GM-RES) BETWEEN: M SURESH KUMAR S/O (LATE) MUNISWAMY AGED 58 YEARS R/A NO.471, 39TH C CROSS 5TH BLOCK JAYANAGAR BANGALROE-560041 MANGING PARTNER M/S. MSK SHELTERS …PETITIONER (BY SRI. V B RAVISHANKER., ADVOCATE) AND: 1. THE AUTHORIZED OFFICER CANARA BANK ARM-1 BRACH 2ND FLOOR NO.86 SPENCER TOWER MG ROAD, BANGALORE-560001. 2. AMALOR INTERNATIONL LIMITED 609 6TH FLOOR HONG KONG PLAZA 188, CONNAUGHT ROAD WEST HONG KONG. …RESPONDENTS (BY SMT. NATASHA N MURTHY., ADVOCATE FOR SRI. SHETTY VIGNESH SHIVARAM., ADVOCATE) THIS W.P. IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE SALE NOTICE DTD.05.12.2024 AND SUBSEQUENT ACTION THEREON, DIRECT THE RESPONDENTS TO ACCEPT THE ONE TIME SETTLEMENT SCHEME PROPOSAL DTD.20.02.2023 AND 18.09.2024 MADE BY THE PETITIOENR AND ETC. Digitally signed by KRISHNAPPA LAXMI YASHODA Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:6313 WP No. 33927 of 2024 THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE R DEVDAS ORAL ORDER Learned Counsel for the petitioner has filed a memo dated 10.01.2025 stating that the petitioner has given a proposal to settle the dues under ‘One Time Settlement’ scheme. The petitioner therefore prays that the writ petition may be dismissed as not pressed while reserving liberty to the petitioner to approach this Court, if required. 2. The memo is taken on record subject to all just exceptions. 3. Accordingly, the writ petition stands dismissed as not pressed with liberty as prayed for. Sd/- (R DEVDAS) JUDGE DL CT: JL