- 1 - HC-KAR NC: 2026:KHC:23381 WP No. 8960 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25TH DAY OF APRIL, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 8960 OF 2023 (GM-RES) BETWEEN: MRS S.BHAVANA AGED ABOUT 60 YEARS R/A NO.296, 16TH CROSS SADASHIVANAGAR BANGALORE-560 080 REPRESENTED BY THE GPA HOLDER MR.N.SREENIVASA …PETITIONER (BY SRI. KARAN BORAIAH D.R., ADVOCATE) AND: 1. THE INDOSTAR CAPITAL FINANCE LIMITED HAVING ITS BRANCH OFFICE AT NO.13, CRN CHAMBERS 4TH FLOOR, KASTURBA ROAD BANGALORE-560 001 2. THE AUTHORISED OFFICER THE INDOSTAR CAPITAL FINANCE LIMITED NO.13, CRN CHAMBERS 4TH FLOOR, KASTURBA ROAD BANGALORE-560 001 …RESPONDENTS (BY SRI.JAI M.PATIL, ADVOCATE FOR C/R1) THIS WP IS FILED PRAYING UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO DECLARING THAT THE ACTIONS OF R-1 TO PROCEED UNDER THE PROVISIONS OF SARFAESI ACT EVEN WHILE RETAINING Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:23381 WP No. 8960 of 2023 THE MONEY OF RS.62,00,000 UNDER THE OTS SCHEME PAID BY THE PETITIONER IN THE HIGHLY ARBITRATOR AND CONTRARY TO THE SEC 65 OF INDIAN CONTRACT ACT AND ARTICLE 300(A) OF THE CONSTITUTION OF INDIA. THIS PETITION, COMING ON FOR ‘DISMISSAL’, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER Learned counsel for the respondent submits that the account is closed and nothing survives for consideration in this writ petition. Accordingly, the writ petition is dismissed as infructuous. Pending I.As., in the petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE TS List No.: 2 Sl No.: 40