- 1 - HC-KAR NC: 2026:KHC:17803 WP No. 639 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1ST DAY OF APRIL, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 639 OF 2022 (GM-DRT) BETWEEN: SRI. MUSADDIQ AHMED S/O. LATE NAZIR AHAMED, AGED ABOUT 45 YEARS, R/AT NO.125, DB KARI, SHIRALAKOPPA, SHIKARIPURA TALUK, SHIVAMOGGA-577 428. …PETITIONER (BY SRI. M.V. VEDACHALA, ADVOCATE) AND: 1. AXIS BANK, A BANKING COMPANY INCORPORATED UNDER THE COMPANY'S ACT, 1956 AND CARRYING ON COMMERCIAL ACTIVITIES UNDER THE BANKING REGULATION ACT, 1949 HAVING ITS REGISTERED OFFICE AT NO.45, PRESTIGE LIBRA, 1ST FLOOR, ABOVE PASSPORT SEVA KENDRA, LALBAGH ROAD, Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:17803 WP No. 639 of 2022 BENGALURU-560 027. REPRESENTED BY ITS MANAGING DIRECTOR. 2. AXIS BANK, HAVING ITS BRANCH OFFICE AT G.R.PRABHU ARCADE, JPN ROAD, SHIVAMOGGA-577 201. REPRESENTED BY ITS BRANCH MANAGER. …RESPONDENTS (BY SRI. FRANCIS XAVIER, ADVOCATE) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE NOTICE DTD.28.12.2021 ISSUED BY THE RESPONDENT BANK PRODUCED AT ANNEXURE-E AND DIRECT THE RESPONDENT BANK TO CONSIDER THE NOTIFICATION BEARING NO.RBI/2019-20/220 ISSUED BY THE RESERVE BANK OF INDIA DTD.17.4.2020 CONSIDERING MORATORIUM FOR THE PERIOD FOR THE REPAYMENT OF THE LOAN AVAILED BY THE PETITIONER AT ANNEXURE-F AND ETC. THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 3 - HC-KAR NC: 2026:KHC:17803 WP No. 639 of 2022 ORAL ORDER Learned counsel for the respondent/bank submits that the loan account is settled in the month of August 2024. 2. In the light of the submission made by the learned counsel for the respondent/bank, as the loan account is settled, nothing survives for consideration in this writ petition. Hence, this Court is passing the following: ORDER i. Accordingly, the writ petition is dismissed as infructuous. ii. All I.As., in the writ petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE BN List No.: 1 Sl No.: 37