- 1 - HC-KAR NC: 2026:KHC:13373 WP No. 18355 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 5TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 18355 OF 2024 (GM-DRT) BETWEEN: MR RENUKESH PAPANNA S/O MR PAPANNA AGED ABOUT 48 YEARS, RESIDING AT NO.18 MARUTHI LAYOUT, VIRUPAKSHAPURA NEAR ANJANEYA TEMPLE, VIDYARANAPURA POST BANGALORE-560097 …PETITIONER (BY SRI. SHARATH KUMAR SHETTY, ADVOCATE) AND: 1. THE AUTHORISED OFFICER/ MANAGER BANK OF BARODA MSRIT BRANCH BANGALORE NORTH REGION MSR COLLEGE ROAD MSR CAMPUS MATHIKERE BANGALORE-560054 Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:13373 WP No. 18355 of 2024 2. M/S LIVEON TECHNOLOGY PVT LTD NO.97, N N COMPLEX, 3RD FLOOR SANJAYANAGAR MAIN ROAD, RMV 2ND STAGE, GEDDALAHALLI BANGALORE-560094 REPRESENTED BY ITS PARTNER MR SHIVASHANKAR N G AND MRS SWETHA H Petitioner 3. MR SHIVASHANKAR N G AGE BY MAJOR RESIDING AT SRI KRISHNA CLEGANCE APARTMENTS, NO.7A, 3RD FLOOR, 1ST MAIN, AMARJYOTHI LAYOUT SANJAYANAGAR BANGALORE-560054 4. MRS SWETHA H P W/O SHIVASHANKAR N G AGED BY MAJOR RESIDING AT SRI KRISHNA CLEGANCE APARTMENTS, NO.7A, 3RD FLOOR, 1ST MAIN, AMARJYOTHI LAYOUT SANJAYANAGAR BANGALORE-560054 …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 IMPUGNED NOTICE DTD. 20.06.2024 ISSUED BY THE R-1 AS PER ANNX-A; DIRECT THE R-1 TO TAKE ACTION AGAINST R-2 - 3 - HC-KAR NC: 2026:KHC:13373 WP No. 18355 of 2024 FIRM FOR RECOVERING THE DUES WHICH AVAILED BY THE R- 3 AND 4 AS PER DUE PROCESS OF LAW; DIRECT THE R-1 TO CONSIDER THE R-2 STOCK IS PRINCIPAL MORTGAGE ASSET AND SEIZE THE SAME AND APPROPRIATE THE LOAN AMOUNT AND RELEASE THE PETITIONER MORTGAGE PROPERTY. THIS PETITION, COMING ON FOR DISMISSAL, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER A memo is filed stating that the matter has been settled out of Court and the petition may be dismissed. 2. The memo is taken on record. 3. In the light of the memo, the petition is dismissed as withdrawn. 4. All I.As in this petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE RB