Research › Search › Judgment

High Court of Karnataka · body

2026 DAILYLAW 41525 (KAR)

SUSHIL MANTRI v. J C FLOWERS ASSET RECONSTRUCTION PRIVATE LTD

WP/30831/2024 · 2026-09-21

V Srishananda

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR CNR: KAHC010610852024 NC: 2026:KHC:51980 WP No. 30831 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21ST DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE V SRISHANANDA WRIT PETITION NO. 30831 OF 2024 (GM-RES) BETWEEN: SUSHIL MANTRI AGED ABOUT 62 YEARS S/O. PANDURANG MANTRI HAVING OFFICE/RESIDENCE AT NO.41, VITTAL MALLYA ROAD, BANGALORE - 560 001. (DIRECTOR OF M/S MANTRI CORNERSTONE HOLDINGS PVT. LTD) …PETITIONER (BY SRI. ANISH ACHARYA, ADVOCATE) AND: 1. J C FLOWERS ASSET RECONSTRUCTION PRIVATE LTD (REGISTERED COMPANY UNDER COMPANIES ACT, 2013) OFFICE AT CG HOUSE, 12TH FLOOR, DR. ANNIE BESANT ROAD, WORLI, MUMBAI - 400 030 REPRESENTED BY ITS AUTHORIZED SIGNATORY/ MANAGING DIRECTOR 2. YES, BANK LIMITED HAVING REGISTERED OFFICE AT Digitally signed by ASHWINI MAYAPPA MAVARAKAR Location: High Court of Karnataka - 2 - HC-KAR CNR: KAHC010610852024 NC: 2026:KHC:51980 WP No. 30831 of 2024 YES, BANK HOUSE, OFF WESTERN EXPRESS HIGHWAY, SANTACRUZ EAST MUMBAI - 400 055 REPRESENTED BY ITS AUTHORISED SIGNATORY …RESPONDENTS THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA READ WITH SECTION 482 OF CR.P.C., 1973 PRAYING TO QUASHING THE PRIVATE COMPLAINT DTD 08.07.2021 FILED BY THE YES BANK IN PCR NO. 3744/2021 AGAINST THE PETITIONER FOR OFFENCES PUNISHABLE SECTION 138 OF THE NEGOTIABLE INSTRUMENTS ACT 1881 ON THE FILE OF XI ADDL SCJ AND ACMM (SCCH-12) AT BANGALORE VIDE ANNX-A AND ALL FURTHER ACTIONS INITIATED. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE V SRISHANANDA ORAL ORDER 1. Learned counsel for the petitioners has filed a memo. Memo reads as under: "The present petition is challenging order in CC No.9166/2021. The said petition is being settled between the parties in view of the above petition has - 3 - HC-KAR CNR: KAHC010610852024 NC: 2026:KHC:51980 WP No. 30831 of 2024 become infructuous and may not survive for further consideration." 2. Placing the memo on record, the writ petition is dismissed as withdrawn, as it has rendered infructuous. Sd/- (V SRISHANANDA) JUDGE SNC List No.: 1 Sl No.: 18