Research › Search › Judgment

High Court of Karnataka · body

2025 DAILYLAW 77365 (KAR)

SMT. TULASI D K v. THE CHIEF MANAGER AND AUTHORIZED OFFICER

WP/25081/2025 · 2025-08-29

B M Shyam Prasad

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2025:KHC:34407 WP No. 25081 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29TH DAY OF AUGUST, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO. 25081 OF 2025 (GM-RES) BETWEEN: 1. SMT. TULASI D K WIFE OF MR. RAKESH, AGED ABOUT 46 YEARS, 2. RAKESH. H. N. SON OF SRI. N. H. SRIKANTAIAH, AGED ABOUT 48 YEARS, BOTH RESIDING AT FLAT NO. 008, GROUND FLOOR, EMINANCE PARK APARTMENT, SRIRAMPURA VILLAGE, MYSURU-570023. …PETITIONERS (BY SRI. SANGAMESH R B., ADVOCATE) Digitally signed by VANAMALA N Location: High Court of Karnataka - 2 - HC-KAR NC: 2025:KHC:34407 WP No. 25081 of 2025 AND: 1. THE CHIEF MANAGER AND AUTHORIZED OFFICER KARNATAKA BANK LIMITED, HEAD OFFICE AT POST BOX NO.599, MAHAVEER CIRCLE, KANKANADY, MANGALURU 575 003. 2. BRANCH OFFICE, KARNATAKA BANK LTD. KUVEMPUNAGAR, MYSURU 570 023. REP BY BRANCH MANAGER …RESPONDENTS (BY SRI. SHYAMA PRASADA K.V, ADVOCATE) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DECLARE THAT RESPONDENT BANK HAS NO AUTHORITY TO CLASSIFY THE JOINT LOAN ACCOUNT BEARING NO. 5047001601098401 HELD BY THE PETITIONERS, IN R-2 BANK AS NON- PERFORMING ASSETS AS THE SAME IS AGAINST / NOT I CONSONANCE, WITH THE MASTER CIRCULAR ISSUED BY THE RBI. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 3 - HC-KAR NC: 2025:KHC:34407 WP No. 25081 of 2025 CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD ORAL ORDER On perusal of the memo dated 28.08.2025 filed by the learned counsel for the petitioners, the petition stands dismissed as withdrawn. Sd/- (B M SHYAM PRASAD) JUDGE RB