- 1 - HC-KAR NC: 2025:KHC:38583 WP No. 9560 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 24TH DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO. 9560 OF 2024 (GM-RES) BETWEEN: 1. DR. SATYAJIT GURUPAD DANDAGI S/O SRI GURUPAD NAGAPPA DANDAGI AGED ABOUT 53 YEARS, R/AT NO.811 ESTEEM CLASSIC APARTMENTS RAJAJINAGAR INDUSTRIAL SUBURB BENGALURU-560022. 2. DR POORNIMA SATYAJIT DANDAGI W/O DR SATYAJIT GURUPAD DANDAGI AGED ABOUT 46 YEARS, R/AT NO.811 ESTEEM CLASSIC APARTMENTS RAJAJINAGAR INDUSTRIAL SUBURB BENGALURU-560022. …PETITIONERS (BY SRI. RAJASHEKAR S.,ADVOCATE) Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:38583 WP No. 9560 of 2024 AND: 1. THE MALLESWARAM CO-OPERATIVE BANK LIMITED HAVING ITS OFFICE AT NO.102, EAST PARK ROAD, 7TH CROSS, MALLESWARAM BENGALURU-560003 REP BY ITS AUTHORIZED OFFICER (REGISTERED UNDER THE KARNATAKA CO OPERATIVE SOCIETIES ACT). 2. SRI KEMPACHAR S/O LATE MAYACHAR AGED ABOUT 72 YEARS R/AT NO.79 LIC COLONY BASAVESHWARANAGAR, BENGALURU-560079. 3. SMT KAWSALYA D/O LATE MAYACHAR AGED ABOUT 70 YEARS R/AT NO.79 LIC COLONY BASAVESHWARANAGAR, BENGALURU-560079. 4. SRI SHALIVAHAN TEJASWI K L AGED MAJOR R/AT NO.79 LIC COLONY BASAVESHWARANAGAR, - 3 - HC-KAR NC: 2025:KHC:38583 WP No. 9560 of 2024 BENGALURU-560079 …RESPONDENTS (BY SRI.K.V. LOKESH., ADVOCATE FOR R1) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE NOTICE DATED 06.03.2024 ISSUED BY THE R-1 CALLING UPON THE PETITIONERS TO HANDOVER PHYSICAL POSSESSION OF THE SECURED ASSET VIDE ANNX-A AND CONSEQUENTLY DIRECT THE R-1 BANK TO HAND OVER PHYSICAL POSSESSION OF THE SCHEDULE PROPERTY IN FAVOUR OF THE PETITIONER; DIRECT THE R-1 BANK TO CONSIDER THE REPRESENTATION DATED 11.03.2024 SUBMITTED BY THE PETITIONERS TO THE R-1 BANK VIDE ANNX-B. THIS PETITION, COMING ON FOR FRESH MATTERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD - 4 - HC-KAR NC: 2025:KHC:38583 WP No. 9560 of 2024 ORAL ORDER The learned counsel for the petitioners has filed a memo, which in its material part, reads as under: "It is submitted that during the pendency of the above Writ Petition, the petitioners have settled their claim with the subsequent purchaser Sri Lakshmi Narayana Reddy for a sum of Rs.14,50,000/- and accordingly, the abovenamed Sri Lakshmi Narayana Reddy has issued a Cheque bearing No.194446 dated 11.09.2025 drawn at Karnataka Bank, Bhuvaneshwari Nagar Branch, Bengaluru for a sum of Rs.14,00,000/- and also paid a sum of Rs.50,000/- in cash towards full and final settlement of the claims of the petitioners. In view of the settlement entered into between the petitioners and the abovenamed Sri Lakshmi Narayana Reddy, the subsequent purchaser, nothing survives for consideration in the above writ petition." - 5 - HC-KAR NC: 2025:KHC:38583 WP No. 9560 of 2024 In view of the afore memo, the petition stands disposed as withdrawn. Sd/- (B M SHYAM PRASAD) JUDGE NV