- 1 - HC-KAR NC: 2026:KHC:18709 WP No. 2801 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 6TH DAY OF APRIL, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 2801 OF 2024 (GM-DRT) BETWEEN: SRI.T.B DHRUVA KUMAR S/O SRI BELLACHAR, AGED ABOUT 44 YEARS, R/AT THORANAMAVU VILLAGE, KUDUVALLI POST, VASTARE HOBLI, CHIKKAMAGALURU TALUK AND DISTRICT - 577 133 …PETITIONER (BY SRI. PRASANNA V.R., ADVOCATE) AND: 1. PUNJAB NATIONAL BANK REP BY ITS AUTHORIZED SIGNATORY, CIRCLE OFFICE, 3RD FLOOR, R.S. NO.98/4, CENTRUM MALL, KRISHNAPURA VILLAGE , GOKUL ROAD, HUBLI - 580 030 Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:18709 WP No. 2801 of 2024 2. THE BRANCH MANAGER PUNJAB NATIONAL BANK, CHIKKAMAGALUR BRANCH, CHICKMAGALUR - 577 101 3. MRS BINDU K P W/O SRI T B DRUVA KUMAR, AGED ABOUT 40 YEARS, R/AT THORANAMAVU VILLAGE, KUDUVALLI POST, VASTARE HOBLI, CHIKKAMAGALURU TALUK AND DISTRICT - 577 133 …RESPONDENTS THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASHING THE POSSESSION NOTICE DATED 14.12.2023 INVOKING SECTION 13(4) OF THE SECURITIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT 2002 (SARFAESI ACT FOR SHORT) FOR RECOVERY OF AN ALLEGED DUE OF A SUM RS. 21,10,260-20 P AS ALLEGED DUE AS ON 31.10.2023 WITH FUTURE INTEREST TRUE COPY OF WHICH IS PRODUCED AT ANNX-A. 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:18709 WP No. 2801 of 2024 ORAL ORDER A memo is filed by the learned counsel for the petitioner stating that a settlement has been arrived at between the parties and that the petitioner intends to withdraw the petition. It is submitted that, in the event of any subsequent action, liberty may be granted to the petitioner to avail appropriate remedies. 2. The memo is taken on record. 3. Accordingly, the writ petition is dismissed as withdrawn, giving liberty to the petitioner to avail the appropriate remedy, in case any further proceedings are initiated by the bank. i. Pending IAs., if any, shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE SMC List No.: 1 Sl No.: 7