- 1 - HC-KAR NC: 2025:KHC:51949 WP No. 17064 of 2024 C/W RP No. 266 of 2024 WP No. 17479 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF DECEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE S.R.KRISHNA KUMAR WRIT PETITION NO. 17064 OF 2024 (GM-DRT) C/W REVIEW PETITION NO. 266 OF 2024 WRIT PETITION NO. 17479 OF 2024 (GM-DRT) IN WP No. 17064/2024: BETWEEN: MR. PRASAD BABU V. S/O LATE CHINNASWAMY NAIDU, AGED ABOUT 36 YEARS, RESIDING AT FLAT NO.54, S.V. SAROVAR APARTMENT, 13TH MAIN, J.P. NAGAR, 5TH PHASE, BENGALURU - 560 078 …PETITIONER (BY SRI. K.S. ABHIJITH, ADVOCATE) AND: 1. M/S TUMKUR GRAIN MERCHANTS CO-OPERATIVE BANK LTD., A CO-OPERATIVE BANK REG. UNDER THE KARNATAKA CO-OP SOCIETIES ACT, 1959, SITUATED AT NO.22, OLD NO.235, 9TH MAIN ROAD, JAYANAGAR 3RD BLOCK, JAYANAGAR, BENGALURU - 560 011 REPRESENTED BY ITS MANAGER Digitally signed by SHARADAVANI B Location: High Court of Karnataka - 2 - HC-KAR NC: 2025:KHC:51949 WP No. 17064 of 2024 C/W RP No. 266 of 2024 WP No. 17479 of 2024 2. RAJASHEKAR S/O MALLANA GOWDA, AGED ABOUT 43 YEARS, THE AUTHORISED OFFICER, M/S. TUMKUR GRAIN MERCHANTS CO-OP BANK LTD. 2ND FLOOR, 2ND CROSS, ESI ROAD, 4TH BLOCK, DR. RAJKUMAR ROAD, RAJAJINAGAR, BANGALORE - 560 010 3. AMITH PRAKASH S/O B.R.PRAKASH, AGED MAJOR, R/A NO.1, AABHARAM, 1ST MAIN ROAD, N.R. COLONY, BASAVANAGUDI, GAVIPURAM EXTENSION BANGALORE - 560 019 4. PRASHANTH PRASAD S/O K PRASAD AGED MAJOR R/A NO.92/93 MAHALAKSHMI NILAYA SANNIDHI ROAD BASAVANAGUDI BANGALORE - 560 004. …RESPONDENTS (BY SRI. LOKESH K.V., ADVOCATE C/R1 AND R2 SRI. C.V. SRINIVASA, ADVOCATE FOR R3 AND R4) THIS WP IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE SALE NOTICE DTD 06.05.2024 PUBLISHED IN FINANCIAL EXPRESS NEWSPAPER ON 07.05.2024 VIDE ANNEXURE-G BY HOLDING THAT THE AUCTION PROCEEDINGS INITIATED BY THE R-1 AND 2 AGAINST THE PETITION SCHEDULE PROPERTY TO BE ILLEGAL AND IN VIOLATION OF THE SARFAESI ACT, 2002 ETC. - 3 - HC-KAR NC: 2025:KHC:51949 WP No. 17064 of 2024 C/W RP No. 266 of 2024 WP No. 17479 of 2024 IN RP NO. 266/2024: BETWEEN: MR. V. PRASAD BABU S/O. V. CHINNA SWAMY NAIDU, AGED ABOUT 40 YEARS, R/AT NO.003, SINDU RESIDENCY, 1ST MAIN, 1ST CROSS, SIMHA LAYOUT, CIKKALASANDRA, BENGALURU SOUTH, SUBRAMANYAPURA, BENGALURU - 560 061 ...PETITIONER (BY SRI. RADHIKA K., ADVOCATE) AND: M/S .TUMKUR GRAIN MERCHANTS CO-OPERATIVE BANK LTD., CO-OPERATIVE BANK LTD., (REGISTERED UNDER THE STATE COOPERATIVE SOCIETIES ACT) ADMINISTRATIVE OFFICE B.H. ROAD, TUMKUR - 572 103. REPRESENTED BY ITS AUTHORIZED OFFICER, MR. RAJASHEKAR. N. ...RESPONDENT THIS REVIEW PETITION IS FILED UNDER 47 RULE 1 PRAYING THAT THIS HONBLE COURT MAY KINDLY BE PLEASED TO REVIEW THE ORDER DATED 11/06/2024 MADE IN W.P. 15008/2024 (GM-RES) AND TO ALLOW THE WRIT PETITION BY QUASHING THE SALE NOTICE DATED 06/05/2024 ISSUED BY THE RESPONDENT BANK ETC. - 4 - HC-KAR NC: 2025:KHC:51949 WP No. 17064 of 2024 C/W RP No. 266 of 2024 WP No. 17479 of 2024 IN WP NO. 17479/2024: BETWEEN: 1. PRASAD BABU V S/O LATE CHINNASWAMY NAIDU AGED ABOUT 39 YEARS RESIDING AT FLAT NO. S4 S V SAROVAR APARTMENT 13TH MAIN, J.P. NAGAR 5TH PHASE BENGALURU - 560 078 2. V SHARADHA W/O SUDHARSHAN NAIDU AGED ABOUT 55 YEARS RESIDING AT 7-15/1 GANGAMMA TEMPLE RAOD NEAR VIDYAPEETA MAIN ROAD BSK 1ST STAGE BENGALURU - 560 050 3. REKHA S W/O PRASAD BABUY V AGED ABOUT 35 YEARS RESIDING AT FLAT NO S4 S V SAROVAR APARTEMTN 13TH MAIN, J P NAGAR 5TH PHASE BENGALURU - 560 078 ...PETITIONERS (BY SRI. ABHIJITH K.S., ADVOCATE) AND: M/S TUMKUR GRAIN MERCHANTS CO OPERATIVE BANK LTD MERCHANTS CO OPERATIVE BANK LTD., A CO OPERATIVE BANK REG. UNDER THE KARNATAKA CO-OP SOCIETIES ACT 1959 SITUATED AT NO.22, OLD NO. 235, 9TH MAIN ROAD, JAYANAGAR - 5 - HC-KAR NC: 2025:KHC:51949 WP No. 17064 of 2024 C/W RP No. 266 of 2024 WP No. 17479 of 2024 3RD BLOCK, JAYANAGAR BENGALURU - 560 011 REPT BY ITS MANAGER ...RESPONDENT (BY SRI. C.V. SRINIVAS, ADVOCATE SRI. MAHESH SHETTY, ADVOCATE) THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO SET ASIDE THE ORDERS DATED 01/07/2024 PASSED BY THE HONBLE II ADDL. CHIEF METROPOLITAN MAGISTRATE, BENGALURU IN CRL. MISC. NO. 2603/2024 VIDE ANNEXURE-A AND ETC. THESE PETITIONS, COMING ON FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE S.R.KRISHNA KUMAR ORAL ORDER Learned counsel for the petitioners has filed a memo dated 09.12.2025 seeking leave of this to withdraw the petitions as not pressed, in view of the compromise arrived between the parties and the matter is settled out of Court. - 6 - HC-KAR NC: 2025:KHC:51949 WP No. 17064 of 2024 C/W RP No. 266 of 2024 WP No. 17479 of 2024 2. Memo is placed on record. In view of the memo, petitions are dismissed as not pressed. Sd/- (S.R.KRISHNA KUMAR) JUDGE DH List No.: 1 Sl No.: 56