- 1 - HC-KAR CNR: KAHC010015382024 NC: 2026:KHC:55911 WP No. 957 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 7TH DAY OF OCTOBER, 2026 BEFORE THE HON'BLE MRS. JUSTICE K.S. HEMALEKHA WRIT PETITION NO.957 OF 2024 (GM-DRT) BETWEEN: MRS. YALLAMMA W/O MR. RAJAPPA, AGED ABOUT 54 YEARS, R/AT NO.46, 4TH B CROSS, KUVEMPU LAYOUT, NEAR VENKATESWARA MAHILA SOCIETY, DEVASANDRA VILLAGE, KRISHNA RAJPUR, HOBLI, BENGALURU – 560036 PAN NO. AHPPY8049R. …PETITIONER (BY SMT. KAVITHA D., ADVOCATE) AND: M/S. KOTAK MAHINDRA BANK LTD., (INCORPORATED UNDER THE COMPANIES ACT, 1956 (NO.1 OF 1956) REGISTERED OFFICE AT 27 BKC, C 27, G BLOCK, BANDRA KURLA COMPLEX, BANDRA (E), MUMBAI – 400051. IFSC CODE: KKBK0001368 REPRESENTED BY ITS AUTHORIZED OFFICER. …RESPONDENT (BY SRI. FRANCIS XAVIER, ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE SECTION 14 ORDER OBTAINED BY THE RESPONDENT BANK DATED 13.12.2023 PASSED BY XACMM AT BENGALURU IN Digitally signed by MAHALAKSHMI B M Location: High Court of Karnataka - 2 - HC-KAR CNR: KAHC010015382024 NC: 2026:KHC:55911 WP No. 957 of 2024 CRL.MIS.50171/2021 VIDE ANNEXURE-K BY STATING THAT THE ENTIRE RECOVERY PROCEEDINGS INITIATED BY THE RESPONDENT BANK AGAINST THE SCHEDULE PROPERTY ARE ILLEGAL AND IN VIOLATION OF SARFAESI ACT, 2002 AND ETC. THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MRS. JUSTICE K.S. HEMALEKHA ORAL ORDER 1. Learned counsel for the petitioner submits that the petitioner has settled the entire loan amount, pursuant to which, the loan account has been closed and the writ petition would not survive for consideration. 2. Learned counsel for the respondent has filed a memo to the said effect that the petitioner has settled the loan account and that the respondent has issued a No Due Certificate. 3. Memo is taken on record. 4. In view of the above, the writ petition is disposed of. Sd/- ____________________ JUSTICE K.S. HEMALEKHA AT, List No.: 1 Sl No.: 18