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2025 DAILYLAW 74523 (KAR)

L BHEEMA BAIK v. CENTRAL BANK OF INDIA

WP/18863/2024 · 2025-10-29

Lalitha Kanneganti

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2025:KHC:43129 WP No. 18863 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29TH DAY OF OCTOBER, 2025 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 18863 OF 2024 (GM-DRT) BETWEEN: L BHEEMA BAIK S/O (LATE) LAKSHMANA NAIK AGED 54 YEARS R/ AT NO.3 RAJESHWARI BUILDING 4TH A CROSS ROAD ATTURU LAYOUT YELAHANKA BANGALORE 560 064 PRESENTLY R/ AT APARTMENT NO.30 DONATA CONTY VADERAHALLI BANGALORE 560 097 …PETITIONER (BY SRI. V B RAVISHANKAR., ADVOCATE) AND: 1. CENTRAL BANK OF INDIA REGISTERED OFFICE AT CHANDER MUKHI NARIMAN POINT MUMBAI 400 021 Digitally signed by MEGHA MOHAN Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:43129 WP No. 18863 of 2024 REP BY THE MANAGING DIRECTOR AND CEO MAHENDRA DOHARE 2. THE BRANCH MANAGER CENTRAL BANK OF INDIA NO.11 AND 12 SS BALAJI COMPLEX 2ND MAIN ROAD PALACE GUTTAHALLI BANGALORE 56000 …RESPONDENTS (BY SRI.Y.P.GOKUL, ADVOCATE FOR R1 AND R2) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO A) QUASH THE LETTER REF. RMV/REC/2024-03 DATED 19/02/2024 WHEREIN THE RESPONDENT BANK HAS UNILATERALLY HAS CLASSIFIED THE LOAN ACCOUNT OF THIS PETITIONER AS FRAUD ALLEGING THAT THIS PETITIONER HAS MISUSED THE FUNDS FOR OTHER PURPOSES THAN THAT IT WAS SANCTIONED VIDE ANN-J AND J1. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 3 - HC-KAR NC: 2025:KHC:43129 WP No. 18863 of 2024 ORAL ORDER A memo is filed by the learned counsel for the petitioner seeking withdrawal of the writ petition. Learned counsel for the petitioner submits that the respondent - Bank has accepted one time settlement and the amount is paid. 2. The memo is taken on record. 3. Accordingly, the writ Petition is dismissed as withdrawn. SD/- (LALITHA KANNEGANTI) JUDGE BSS List No.: 2 Sl No.: 4