- 1 - HC-KAR NC: 2026:KHC:4180 WP No. 38557 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 27TH DAY OF JANUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 38557 OF 2025 (GM-DRT) BETWEEN: SMT SAROJA N JAIN D/O NITHAL CHAND JAIN, AGED ABOUT 54 YEARS, R/O NO. 32, 5TH MAIN ROAD, 5TH CROSS, BSK 3RD STAGE, PAPIAH GARDEN, BENGALURU 560 085. …PETITIONER (BY SRI. MAYANNA GOWDA N R., ADVOCATE) AND: 1. DEPUTY MANAGER AND AUTHORISED OFFICER SREE GURU RAGHAVENDRA SAHAKARA BANK NIYAMITHA, NO.15, SUBBARAMA CHETTY ROAD, NETTAKALLAPPACIRCLE, BASAVANAGUDI, BENGALURU 560 004. REP. BY ITS MANAGER 2. THE ADMINISTRATIVE OFFICER SREE GURU RAGHAVENDRA SAHAKARA BANK NIYAMITHA, Digitally signed by KIRAN KUMAR R Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:4180 WP No. 38557 of 2025 NO.15, SUBBARAMA CHETTY ROAD, NETTAKALLAPPACIRCLE, BASAVANAGUDI, BENGALURU 560 004. 3. THE CHIEF EXECUTIVE OFFICER SREE GURU RAGHAVENDRA SAHAKARA BANK NIYAMITHA, NO.15, SUBBARAMA CHETTY ROAD, NETTAKALLAPPACIRCLE, BASAVANAGUDI, BENGALURU 560 004. 4. THE GOVERNOR RESERVE BANK OF INDIA, NRUPATHUNGA ROAD, BENGALURU -- 560 001. 5. SRI. PARASHIVA MURTHY S/O MUDDUMADAPPA.B.C., AGED ABOUT 60 YEARS, RESIDING AT NO.196, 23RD CROSS, 6TH BLOCK, JAYANAGAR, BANGALORE-560082. …RESPONDENTS (BY SRI. MAHESHWARA PRASAD N.L., ADVOCATE FOR C/R1 IN CP No.26070/2025) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO- QUASH THE SALE NOTICE NO.SGR/AZ/1967/L-240/2025-26 DATED 29.11.2025 FIXING THE E-AUCTION ON 30.12.2025 IN RESPECT OF SCHEDULE PROPERTY AS PER ANNEXURE-M ISSUED BY THE RESPONDENT BANK (B) A WRIT IN THE - 3 - HC-KAR NC: 2026:KHC:4180 WP No. 38557 of 2025 NATURE OF CERTIORARI TO SET ASIDE THE ORDER PASSED XXXVII ADD CHIEF METROPOLITAN MAGISTRATE AT BANGALORE IN CRL. MISC. NO.6938/2025 DATED 29.10.2025 IN RESPECT OF SCHEDULE PROPERTY IS PRODUCED AS ANNEXURE-L. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI ORAL ORDER 1. The petitioner files a Memo for withdrawal of the writ petition stating that that petitioner had deposited a sum of Rs.25,00,000/- towards the proposed One- Time Settlement towards the loan amount. In view of the proposed One-Time Settlement, the petitioner does not press the writ petition at present, and that the petitioner may be permitted to file a fresh writ petition on the same cause of action, if the respondent Bank does not accept the One Time Settlement. 2. Memo is placed on record. - 4 - HC-KAR NC: 2026:KHC:4180 WP No. 38557 of 2025 3. The writ petition is dismissed as withdrawn with the aforesaid liberty. Sd/- (ASHOK S.KINAGI) JUDGE RK CT:KHV List No.: 1 Sl No.: 17