- 1 - HC-KAR CNR: KAHC010547262023 NC: 2026:KHC:36643 WP No. 23120 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 17TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 23120 OF 2023 (GM-RES) BETWEEN: 1. IBC KNOWLEDGE PARK PRIVATE LIMITED A COMPANY REGISTERED UNDER THE COMPANIES ACT 1956, HAVING ITS REGISTERED OFFICE AT DIAMOND DISTRICT, CORPORATE BLOCK, TOWER B, PENTHOUSE 150, AIRPORT ROAD, BANGALORE-560 008, REPRESENTED HEREIN BY ITS AUTHORISED SIGNATORY, DIRECTOR MR KHALID MOHSIN AGED ABOUT 53 YEARS …PETITIONER (BY SRI. RAGHURAM CADAMBI.,ADVOCATE) AND: 1. JAMMU AND KASHMIR BANK LIMITED NO.70/1, DR BROWNAMMA TOWERS, OPP HCG HOSPITAL, MISSION ROAD, BANGALORE-560 027, REPRESENTED HEREIN BY ITS BRANCH MANAGER Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010547262023 NC: 2026:KHC:36643 WP No. 23120 of 2023 2. HDFC BANK LIMITED NO.8/24, 4TH FLOOR, SALCO CENTRE, RICHMOND ROAD, BANGALORE-560 025, REPRESENTED HEREIN BY ITS BRANCH MANAGER …RESPONDENTS (BY SRI. MOHAMED IBRAHIM.,ADVOCATE FOR R1 R2 SERVED AND UNREPRESENTED) THIS WP IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED CONDITION NO. 2 IN THE LETTER ISSUED BY THE RESPONDENT BANK DATED 25/09/2023 BEARING NO. JKB/LCU/BNG.2023-58, IS (ANNEXURE-A) AND ETC., THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL ORAL ORDER Learned counsel for the petitioner has filed a memo dated 28.10.2025 seeking withdrawal of the writ petition, which reads as under: " 1. The Petitioner had filed the present writ petition to quash the impugned condition No.2 in the letter dated - 3 - HC-KAR CNR: KAHC010547262023 NC: 2026:KHC:36643 WP No. 23120 of 2023 25.09.2023, bearing No.JKB/LCU/BNG.2023-58 issued by the Respondent Bank. 2. The present dispute between the petitioner and the respondent has been settled amicably. Therefore, the petitioner seeks to withdraw the writ petition. WHEREFORE, the petitioner humbly prays that this Hon'ble Court may be please to take this memo on record and allow the petitioner to withdraw the present writ petition, in the interest of justice" 2. The memo is taken on record. 3. Accordingly, the writ Petition is dismissed as withdrawn. Sd/- (M.G.S. KAMAL) JUDGE SPV List No.: 1 Sl No.: 3