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2025 DAILYLAW 37296 (KAR)

MR P SRINIVASAN v. THE TAMILNAD MERCHANTILE BANK LTD

WP/36197/2024 · 2025-02-06

R Devdas

body2025

Judgment text

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- 1 - NC: 2025:KHC:5429 WP No. 36197 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 6TH DAY OF FEBRUARY, 2025 BEFORE THE HON'BLE MR JUSTICE R DEVDAS WRIT PETITION NO. 36197 OF 2024 (GM-RES) BETWEEN: MR P SRINIVASAN S/O LATE SRI. PANDIYAN AGED ABOUT 59 YEARS NO.15/2, KALAPPA BLOCK, 4TH CROSS ROAD, 1ST MIAN ROAD RAMACHANDRAPURA, BANGALORE-560021. …PETITIONER (BY SRI. AJAY KUMAR N., ADVOCATE) AND: 1. THE TAMILNAD MERCHANTILE BANK LTD A BANKING COMAPNY REGISTERED UNDER THE COMPANIES ACT 1977 HAVING ITS OFFICE OF BANGALORE CANTONMENT BRANCH BANGALORE 560001 REP BY ITS AUTHORIZED OFFICER AND CHIEF MANAGER 2. P VENKATESH S/O K PANDIYAN AGED ABOUT 55 YEARS NO.15/2, KALAPPA BLOCK, 4TH CORSS ROAD, 1ST MAIN ROAD Digitally signed by DHARMALINGAM Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:5429 WP No. 36197 of 2024 RAMACHANDRAPURA BANGALORE-560021. …RESPONDENTS THIS WP IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECTING THE R-1 BANK TO GRANT REASONABLE TIME TO THE PETITIONER TO COMPLETE THE ONE-TIME SETTLEMENT (OTS) AS PER THE TERMS STIPULATED IN THE LETTER DATED 07.10.2024 (ANNEXURE -A) BY GRANTING ADDITIONAL TIME UNTIL THE PETITIONER OBTAINING E-KATHA FROM THE CONCERNED WARD OFFICE OF THE BRUHAT BENGALURU MAHANAGARA PALIKE, INCLUDING ADDRESSING PROCEDURAL DELAYS BY THE REQUIREMENTS OF E- KHATA FOR THE SCHEDULE PROPERTY AND ETC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE R DEVDAS ORAL ORDER The petitioner and the learned counsel for the petitioner have filed a memo dated 06.02.2025 stating that the petitioner seeks leave of this Court to withdraw the writ petition, since the respondent - Bank has orally - 3 - NC: 2025:KHC:5429 WP No. 36197 of 2024 informed the petitioner to file the original application before the Debts Recovery Tribunal. 2. The memo is taken on record, subject to all just exceptions. 3. Accordingly, the writ petition stands dismissed as withdrawn. Sd/- (R DEVDAS) JUDGE KLY CT: JL