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2026 DAILYLAW 43928 (KAR)

SRI B G KUMARASWAMY v. M/S TATA CAPITAL FINANCIAL SERVICES LIMITED

WP/18576/2022 · 2026-09-29

Sachin Shankar Magadum

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Judgment text

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- 1 - HC-KAR CNR: KAHC010430272022 NC: 2026:KHC:54006 WP No. 18576 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM WRIT PETITION NO. 18576 OF 2022 (GM-DRT) BETWEEN: 1. SRI. B.G. KUMARASWAMY AGED ABOUT 53 YEARS S/O SRI. B.M. GANGAPPA NO.111, GROUND FLOOR SHIVAPRAKRUTHI APARTMENT, TALAKAVERI LAYOUT, AMRUTHAHALLI BENGALURU - 560 092. 2. MRS. M.S. USHA RANI AGED ABOUT 48 YEARS W/O SRI. B.G. KUMARASWAMY SHIVAPRAKRUTHI APARTMENT, AMRUTHAHALLI, BENGALURU -560 092. …PETITIONERS (BY SRI. ABHINAV RAMANAND A, ADVOCATE) AND: 1. M/S. TATA CAPITAL FINANCIAL SERVICES LIMITED HAVING ITS REGISTERED UNDER COMPANIES ACT, 1956 OFFICE AT 11TH FLOOR, TOWER-A PENINSULA BUSINESS PARK, GANAPATH RAO KADAM MARG LOWER PAREL, MUMBAI - 400 013. Digitally signed by ANNAPURNA G Location: High Court of Karnataka - 2 - HC-KAR CNR: KAHC010430272022 NC: 2026:KHC:54006 WP No. 18576 of 2022 BRANCH OFFICE AT 2ND FLOOR, PRESTIGE CORNICHE NO.62, RICHMOND ROAD BENGALURU - 560 025 REPRESENTED BY ITS AUTHORISED OFFICER. 2. RESERVE BANK OF INDIA MAIN BUILDING, P.O. BOX 901 SHAHID BHAGAT SINGH ROAD MUMBAI - 400 001, REPRESENTED BY ITS GOVERNOR. …RESPONDENTS (BY SRI. PARASHURAM K.R, ADVOCATE FOR R1; R2 - RESERVED BANK OF INDIA, MUMBAI, REP. BY ITS GOVERNOR - SERVED) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE ORDER DTD.24.6.2022 PASSED BY THE VII ACMM BENGALURU IN CRL MISC NO.2441/2022 AT ANNEXURE-F TO THE W.P. AND ETC., THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM ORAL ORDER Learned counsel appearing for respondent No.1 on instructions submits that the loan account has been closed. - 3 - HC-KAR CNR: KAHC010430272022 NC: 2026:KHC:54006 WP No. 18576 of 2022 Therefore, the prayer sought in the caption petition is rendered infructuous. Recording the submission made by the learned counsel appearing for respondent No.1, the petition stands disposed of. Sd/- (SACHIN SHANKAR MAGADUM) JUDGE HDK List No.: 1 Sl No.: 19