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2025 DAILYLAW 46073 (KAR)

M/S DURGA INTERNATIONAL v. THE KARNATAKA BANK LTD

WP/17344/2022 · 2025-07-15

S Sunil Dutt Yadav

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Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2025:KHC:26045 WP No. 17344 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF JULY, 2025 BEFORE THE HON'BLE MR. JUSTICE S SUNIL DUTT YADAV WRIT PETITION NO. 17344 OF 2022 (GM-DRT) BETWEEN: M/S DURGA INTERNATIONAL HOTEL, REPRESENTED BY ITS PROPRIETRIEX, SMT. RAJESHWARI B SHETTY, W/O SRI K.S BHASKER SHETTY, AGED 63 YEARS, S.NO. 114-B2, NEAR CITY BUS STAND, SHIRIBEEDU, UDUPI - 576 101. …PETITIONER (BY SRI. SANDHYA U. PRABHU., ADVOCATE) AND: THE KARNATAKA BANK LTD., REPRESENTED BY ITS CHIEF MANAGER MR. B SHIVAIAH, S/O SHIVARAMUDU, ASSET RECOVERY MANAGEMENT BRANCH, III FLOOR, KARNATAKA BANK BUILDING, KODIALBAIL, MANGALORE - 575 003. …RESPONDENT (BY SRI. Y.P. GOKUL., ADVOCATE) THIS WP IS FILED UNDER ARTICLE 226 OF CONSTITUTION OF INDIA PRAYING TO QUASHING THE ORDER DATED 16.08.2022 PASSED IN IA NO.2378/2022 IN S.A.NO.366/2022 PASSED BY THE HONBLE DEBTS RECOVERY Digitally signed by PRAKASH N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:26045 WP No. 17344 of 2022 TRIBUNAL II AT BANGALORE PRODUCED AT ANNEXURE-K IN SO FAR AS IMPOSING CONDITION FOR DEPOSIT OF RS.80,00,000/-(RUPEES EIGHTY LAKHS ONLY) AND ETC. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE S SUNIL DUTT YADAV ORAL ORDER Learned counsel for the petitioner has filed a memo which reads as hereunder: "The undersigned counsel submits that, the above matter has become infructuous as the loan Account is settled by the petitioner, the writ petition may be dismissed as having become infructuous, in the interest of justice and equity". In light of the same, petition is dismissed as having become infructuous. Sd/- (S SUNIL DUTT YADAV) JUDGE DHA List No.: 1 Sl No.: 66