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2025 DAILYLAW 79517 (KAR)

M/S KIRAN AND CO., v. THE AUTHORISED OFFICER

WP/18590/2022 · 2025-12-04

E S Indiresh

body2025

Judgment text

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- 1 - HC-KAR NC: 2025:KHC:50720 WP NO.18590 OF 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 04TH DAY OF DECEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE E.S. INDIRESH WRIT PETITION NO.18590 OF 2022 (GM-RES) BETWEEN: 1. M/S. KIRAN AND CO., PARTNERSHIP FIRM, SHRI. V. KIRAN KUMAR AND SMT. K. PADMAJA, PARTNERS. 2. SHRI. KIRAN KUMAR V. S/O LATE M.S. VENKATARAJU AGED ABOUT 52 YEARS, NO.26-B, OSMAN KHAN ROAD, S.P. ROAD CROSS, BAPUJINAGAR, BENGALURU - 560 002. 3. SMT. K. PADMAJA W/O SHRI. KIRAN KUMAR V. AGED ABOUT 47 YEARS, NO.26-B, OSMAN KHAN ROAD, S.P. ROAD CROSS, BAPUJINAGAR, BENGALURU - 560 002. …PETITIONERS (BY SRI. RAJENDRA M.A., ADVOCATE) AND: THE AUTHORISED OFFICER CANARA BANK, N.R. ROAD BRANCH, BENGALURU - 560 002. …RESPONDENT Digitally signed by ARUNKUMAR M S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:50720 WP NO.18590 OF 2022 THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO DIRECT THE RESPONDENT-BANK TO SETTLE THE ENTIRE DUES BY ACCEPTING A SUM OF RS.25.00 LAKHS AS PER THE OTS SANCTIONED ON 02ND DECEMBER, 2021 ALONG WITH BELATED PERIOD OF INTEREST FROM THE DATE OF DEFAULT TILL DATE SINCE NON-COMPLIANCE OF OTS WAS UNINTENTIONAL AND DUE TO CIRCUMSTANCES BEYOND THEIR CONTROL VIDE ANNEXURE-J; AND ETC. THIS PETITION COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S. INDIRESH ORAL ORDER In this writ petition, the grievance of the petitioner is to consider the case of petitioners for the scheme of One Time Settlement (OTS) of the dues with the respondent- Bank. 2. Heard Sri. Rajendra M.A., learned counsel appearing for petitioners. 3. Having heard the learned counsel appearing for petitioners and on perusal of the averments made in the writ petition, I am of the view that, no interference be called for in this writ petition in view of the judgment of - 3 - HC-KAR NC: 2025:KHC:50720 WP NO.18590 OF 2022 Hon'ble Supreme Court in the case of BIJNOR URBAN CO-OPERATIVE BANK LIMITED, BIJNOR AND OTHERS vs. MEENAL AGARWAL AND OTHERS reported in AIR 2022 SC 56. Accordingly, writ petition is dismissed. SD/- (E.S. INDIRESH) JUDGE ARK List No.: 1 Sl No.: 12