- 1 - HC-KAR CNR: KAHC010361692026 NC: 2026:KHC:48744-DB WA No. 1475 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 8TH DAY OF SEPTEMBER, 2026 PRESENT THE HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE AND THE HON'BLE MRS. JUSTICE K.S. HEMALEKHA WRIT APPEAL NO. 1475 OF 2026 (GM-RES) BETWEEN: 1. INDIAN BANKS' ASSOCIATION AN UNREGISTERED ASSOCIATION HAVING ITS OFFICE AT: 6TH FLOOR, WORLD TRADE CENTRE-I CUFFE PARADE, MUMBAI - 400 005 REPRESENTED BY ITS AUTHORISED SIGNATORY MR. ASHOK KUMAR MISHRA ADVISOR-LEGAL …APPELLANT (BY SRI HEMANTH R. RAO, ADVOCATE [V/C]) AND: 1. MR. SWARUPANANDA GOUDA K.S. S/O. SANTHAVEERA GOUD K.S. AGED ABOUT 60 YEARS CHARTERED ENGINEER AND GOVT. APPROVED VALUER NO.713, NEAR ESI, 3RD BLOCK RAJAJINAGAR BANGALORE - 560 010 2. RESERVE BANK OF INDIA SHAHID BHAGATH SINGH ROAD FOR SRI KANVA SOUHARDA CREDIT Digitally signed by AMBIKA H B Location: High Court of Karnataka - 2 - HC-KAR CNR: KAHC010361692026 NC: 2026:KHC:48744-DB WA No. 1475 of 2026 COOPERATIVE LIMITED AND KANVA GROUP OF COMPANIES BENGALURU 3. UNION BANK OF INDIA NO. 239, VIDHAN BHAVAN MARG NARIMAN POINT MUMBAI - 400 021 REPRESENTED BY ITS MD & CEO 4. THE FEDERAL BANK FEDERAL TOWERS MARKET ROAD PERIYAR NAGAR ALUVA - 683 101 KERALAM REPRESENTED BY ITS MD & CEO …RESPONDENTS THIS WRIT APPEAL IS FILED UNDER SECTION 4 OF THE KARNATAKA HIGH COURT ACT PRAYING TO SET ASIDE THE ORDER DATED 24/02/2026 PASSED BY THE LEARNED SINGLE JUDGE IN W.P. NO.30058/2024 FILED BY THE RESPONDENT NO.1 BEFORE THE HON'BLE HIGH COURT OF KARNATAKA AT BENGALURU IN SO FAR AS IT HOLDS THAT THE APPELLANT PERFORMS A PUBLIC OR QUASI-PUBLIC FUNCTION THAT IS AMENABLE TO JUDICIAL REVIEW UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA IN PARAGRAPH NO.11.15 OF THE IMPUGNED ORDER & ETC. THIS APPEAL, COMING ON FOR PRELIMINARY HEARING, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: - 3 - HC-KAR CNR: KAHC010361692026 NC: 2026:KHC:48744-DB WA No. 1475 of 2026 CORAM: HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE and HON'BLE MRS. JUSTICE K.S. HEMALEKHA ORAL JUDGMENT (PER: HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE) 1. The learned counsel appearing for the appellant seeks to withdraw the present appeal. He submits that the issue regarding maintainability of the writ petition has been decided by the Supreme Court against the appellant. 2. In view of the above, the appeal is dismissed as withdrawn. 3. The pending interlocutory application also stands disposed of. Sd/- (VIBHU BAKHRU) CHIEF JUSTICE Sd/- (K.S. HEMALEKHA) JUDGE AHB, List No.: 1 Sl No.: 2