- 1 - HC-KAR NC: 2026:KHC:14284 WP No. 21926 of 2021 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 21926 OF 2021 (GM-DRT) BETWEEN: 1. SRI T PRASANNA GOWDA S/O SRI M THIMME GOWDA AGED ABOUT 46 YEARS, RESIDING AT NO.65 VANIVILAS ROAD BASAVANAGUDI BANGALORE -560001 2. SRI M THIMME GOWDA S/O SRI MOTHE GOWDA AGED ABOUT 75 YEARS, RESIDING AT NO.65 VANIVILAS ROAD BASAVANAGUDI BANGALORE -560001 3. SMT PUTTATHAYAMMA S/O LATE M THAMMAIAH AGED ABOUT 67 YEARS, RESIDING AT MUTHEGOWDANA DODDI YERCHALLI HORAHALLI HOBLI KANAKAPURA TALUK Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:14284 WP No. 21926 of 2021 RAMANAGARA DISTRICT-562117 …PETITIONERS (BY SRI. SANTOSH S. GOGI, ADVOCATE) AND: 1. EDELWEISS ARC LTD EDELWEISS HOUSE OFF CST ROAD KALIMA MUMBAI-400 098 2. THE RECOVERY OFFICER II DEBTS RECOVERY TRIBUNAL-II 2ND FLOOR LIC JEEVAN MANGAL BUILDINGS NO.4 RESIDENCY ROAD BENGALURU-560 025 …RESPONDENTS (BY SRI. VIGNESH SHETTY, ADVOCATE FOR R1) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO-QUASH THE SALE PROCLAMATION DTD 22.10.2021 ISSUED BY THE RECOVERY OFFICER-II, DEBTS RECOVERY TRIBUNAL-II, BENGALURU, IN R.C.NO.2639/2017 (a) VIDE ANNX-A AND ETC. 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: 2026:KHC:14284 WP No. 21926 of 2021 ORAL ORDER It is submitted by the learned counsel appearing on behalf of both the parties that the matter has been settled by way of One Time Settlement (for short ‘OTS’). It is further submitted that the account has been closed and the petitioners have paid the amount under OTS scheme. 2. In the light of the above, the writ petition is closed. 3. Pending IAs., shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE SMC List No.: 1 Sl No.: 7