- 1 - HC-KAR NC: 2025:KHC:32178 WP No. 28918 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19TH DAY OF AUGUST, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO. 28918 OF 2024 (GM-RES) BETWEEN: M/S OXFORD INTERNATIONAL RESIDENTIAL SCHOOL AND M/S THIMMAPPA MEMORIAL EDUCATION TRUST REPRESENTED BY CHAIRMAN SRI. V.M. PRAVEEN, S/O V.H. MANJAPPA, AGED ABOUT 47 YEARS, R/AT OXFORD INTERNATIONAL RESIDENTIAL SCHOOL, TARIKERE ROAD, ARALIHALLI GATE, HOSADURGA TALUK, CHITRADURGA - 577515 …PETITIONER (BY SRI. SRIKANTH N.V., ADVOCATE) AND: 1. VARTHANA FINANCE PRIVATE LIMITED REGISTERED UNDER COMPANIES ACT 1956, REPRESENTED BY ITS MANAGER, REGISTERED OFFICE AT VARASIDDHI, 3RD FLOOR, 5BC-110, SERVICE ROAD, 3RD BLOCK, HRBR LAYOUT, Digitally signed by VANAMALA N Location: High Court of Karnataka - 2 - HC-KAR NC: 2025:KHC:32178 WP No. 28918 of 2024 BENGALURU-560043 2. VARTHANA FINANCE PRIVATE LTD, REGISTERED UNDER COMPANIES ACT 1956, REPRESENTED BY ITS BRANCH MANAGER, BRANCH OFFICE AT EUREKA JUNCTION BUILDING, 4TH FLOOR, BLOCK NO. 35 AND 36, T.B. ROAD, OPPOSITE REVANKAR COMFORT, HUBLI-580029 …RESPONDENTS (R1 AND R2 ARE SERVED) THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF CONSTITUTION OF INDIA, PRAYING TO QUASH THE IMPUGNED POSSESSION NOTICE DATED 17.10.2024 PASSED BY THE R-2 BANK AS PER ANNEXURE-A. GRANT AN INTERIM ORDER TO STAY THE IMPUGNED POSSESSION NOTICE DATED 17.10.2024 AND ALL FURTHER PROCEEDINGS PURSUANT TO THE IMPUGNED NOTICE PASSED BY THE R-2 AS PER ANNEXURE-A TILL DISPOSAL OF THE ABOVE WRIT PETITION. THIS WRIT PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD - 3 - HC-KAR NC: 2025:KHC:32178 WP No. 28918 of 2024 ORAL ORDER The learned counsel for the petitioner has filed a memo for withdrawal which reads as under: "The counsel appearing for the petitioner humbly submits that as per the instructions obtained by the petitioner is seeking leave of this Hon'ble court to withdraw the above writ petition. Since the petitioner has settled the matter with the respondent bank and clear the balance amount which is payable to the respondent and also obtained NOC from the respondent bank. Hence the same may kindly be taken on record in the interest of justice and equity." In the light of the afore, the petition stands dismissed as withdrawn. SD/- (B M SHYAM PRASAD) JUDGE RB