MR. CHETAN JAIN v. M/S M TECH SOLUTIONS INDIA PVT LTD
WP/26411/2024 · 2026-04-10
M Nagaprasanna
body2026
DailyLaw.ai
[ 2026 DAILYLAW 13550 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 13550 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:20500 WP No. 26411 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF APRIL, 2026 BEFORE THE HON'BLE MR. JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 26411 OF 2024 (GM-RES)
BETWEEN:
1.
MR. CHETAN JAIN, MANAGING DIRECTOR, AGED ABOUT 47 YEARS, S/O PRAKASH JAIN, INSPIRA ENTERPRISE INDIA LIMITED, 23, LEVEL -2, KALPATARU SQUARE, KONDIVITA LANE, OFF ANDHERI KURLA ROAD, ANDHERI EAST, MUMBAI – 400 059.
2.
MR. ANIL RANDER, AGE: MAJOR, S/O. RAMNIWAS RANDER, CHIEF FINANCIAL OFFICER, INSPIRA ENTERPRISE INDIA LIMITED, 23, LEVEL-2, KALPATARU SQUARE, KONDIVITA LANE, OFF ANDHERI KURLA ROAD, ANDHERI EAST, MUMBAI – 400 059.
…PETITIONERS (BY SRI. SAMARTH SHREEDHAR, ADVOCATE)
AND:
1.
M/S M.TECH SOLUTIONS (INDIA) PVT. LTD.
REGISTERED UNDER COMPANIES ACT 1956, 201, INDRAPRASTHA EQUINOX (2ND FLOOR), PLOT NO. 23, 100 FEET INNER RING ROAD, KORAMANGALA,
Digitally signed by SANJEEVINI J KARISHETTY Location: High Court of Karnataka
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HC-KAR NC: 2026:KHC:20500 WP No. 26411 of 2024
BENGALURU – 560 095.
REPRESENTED BY ITS AUTHORISED SIGNATORY, MR. RAJESH PATIL.
…RESPONDENT
THIS WP IS FILED UNDER ARTICLE 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE COMPLAINT DATED 15/04/2024 REGISTERED AS CC NO. 55167/2024 FILED BY THE RESPONDENT BEFORE THE XXXIV ADDITIONAL CHIEF METROPOLITAN MAGISTRATE, BANGALORE AGAINST THE PETITIONERS (ANNEXURE-A) AND ETC.,
THIS PETITION, COMING ON FOR ORDERS, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE M.NAGAPRASANNA
ORAL ORDER
Learned counsel appearing for the petitioners files a memo seeking withdrawal of the petition. The memo so filed reads as follows:
"The undersigned counsel for the Petitioners herein craves leave of this Hon'ble Court to withdraw the instant petition.
The present petition was filed seeking quashing of the complaint under Section 138 of the Negotiable Instruments Act, 1881 dated 15/04/2024 registered as CC NO. 55167/2024 filed by the Respondent before the XXXIV Addl. Chief Metropolitan Magistrate, Bangalore against the Petitioners and order dated 11/06/2024 passed by the XXXIV Addl. Chief Metropolitan Magistrate, Bangalore. That this Hon'ble Court vide its order dated 30.09.2024 granted an interim order of stay of further proceedings in C.C.No.55167/2024.
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HC-KAR NC: 2026:KHC:20500 WP No. 26411 of 2024
The parties have amicably settled the matter and the Respondent herein (Complainant in C.C.No.55167/2024) has received the full settlement / payment of the cheque amount. Accordingly, the Respondent herein (Complainant in C.C.No.55167/2024) filed a Memo of Withdrawal dated 06.01.2026 (inadvertently mentioned as 06.01.2025) before the XXXIV Addl. Chief Metropolitan Magistrate, Bangalore. seeking to withdraw the complaint under Section 138. A certified copy of the Memo of Withdrawal dated 06.01.2026 (inadvertently mentioned as 06.01.2025) is produced herewith as Document No. 1. In view of the interim order of stay of proceedings passed by this Hon'ble Court dated 30.09.2024, the Learned Magistrate has sought for further orders / directions by this Hon'ble Court to dispose the complaint C.C.No.55167/2024. A certified copy of the order sheet dated 06.01.2026 on the file of the XXXIV Addl. Chief Metropolitan Magistrate, Bangalore is produced herewith as Document No. 2. In light of the above-mentioned circumstances, it is humbly prayed that this Hon'ble Court permit the Petitioners to withdraw the instant petition. This memo may be taken on record in the interests of justice."
In terms of memo, the petition is disposed as withdrawn.
Sd/- (M.NAGAPRASANNA) JUDGE
CBC List No.: 2 Sl No.: 89