- 1 - HC-KAR NC: 2026:KHC:17815 WP No. 11539 of 2025 C/W WP No. 7970 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1ST DAY OF APRIL, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 11539 OF 2025 (GM-DRT) C/W WRIT PETITION NO. 7970 OF 2025 (GM-DRT) IN WP No. 11539/2025 BETWEEN: MAHIMASHREE N.M. D/O SRI MANJUNATHA N.R., AGED ABOUT 27 YEARS, R/AT NO. 485/A, 4TH A CROSS, 1ST MAIN, VIDYAPEETA LAYOUT, BANASHANKARI 3RD STAGE, BENGALURU - 560 028 …PETITIONER (BY SRI. SOMASHEKHARAIAH R.P., ADVOCATE) AND: M/S. KOTAK MAHINDRA PRIME LTD. (REGISTERED UNDER THE COMPANIES ACT, 2013) NO.20, 1ST FLOOR, UNIWORTH PLAZA, SANKEY ROAD, PALACE GUTTAHALLI, BENGALURU - 560 020 REPRESENTED BY ITS AUTHORIZED OFFICER …RESPONDENT (BY SRI. SURESH V., ADVOCATE) Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:17815 WP No. 11539 of 2025 C/W WP No. 7970 of 2025 THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO SET ASIDE THE NOTICE DATED 10.03.2025 VIDE ANNX-D ISSUED BY THE RESPONDENT COMPANY TO THE PETITIONER STATING THAT THE ENTIRE RECOVERY PROCEEDINGS INITIATED BY THE RESPONDENT COMPANY AGAINST THE SCHEDULE PROPERTY ARE ILLEGAL AND IN VIOLATION OF THE SARFAESI ACT, 2002 ETC. IN WP NO. 7970/2025 BETWEEN: 1. M/S. MANJUNATHA ENTERPRISES O/AT NO.20, OPP. AIRD SCHOOL, KATHRIGUPPE MAIN ROAD, BANASHANKARI 3RD STAGE, BENGALURU - 560 028. REP. BY ITS PROPRIETOR, SRI. MANJUNATHA N.R., 2. MR. MANJUNATHA N.R., S/O. LATE KRISHNAPPA NAIDU, AGED ABOUT 58 YEARS, 3. MRS. MAHIMA SHREE N.M. W/O SRI MANJUNATHA N.R., AGED ABOUT 50 YEARS, THE PETITIONERS NO.2 AND 3 ARE R/AT NO.485/A, 4TH A CROSS, - 3 - HC-KAR NC: 2026:KHC:17815 WP No. 11539 of 2025 C/W WP No. 7970 of 2025 1ST MAIN, VIDYAPEETA LAYOUT, BANASHANKARI 3RD STAGE, BENGALURU - 560 028 ...PETITIONERS (BY SMT. KAVITHA D., ADVOCATE) AND: 1. M/S. KOTAK MAHINDRA PRIME LTD., (REGISTERED UNDER THE COMPANIES ACT, 2013) NO.20, 1ST FLOOR, UNIWORTH PLAZA, SANKEY ROAD, PALACE GUTTAHALLI, BENGALURU - 560 020. REPRESENTED BY ITS AUTHORIZED OFFICER ...RESPONDENT (BY SRI. V. SURESH, ADVOCATE) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO SET ASIDE THE NOTICE DATED 10-03-2025 VIDE ANNEXURE-D ISSUED BY THE RESPONDENT COMPANY TO THE PETITIONERS STATING THAT THE ENTIRE RECOVERY PROCEEDINGS INITIATED BY THE RESPONDENT COMPANY AGAINST THE SCHEDULE PROPERTY ARE ILLEGAL AND IN VIOLATION OF THE SARFAESI ACT, 2002. THESE PETITIONS, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 4 - HC-KAR NC: 2026:KHC:17815 WP No. 11539 of 2025 C/W WP No. 7970 of 2025 CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER A memo is filed by the learned counsel appearing for the petitioner stating that the respondent Bank has regularized the loan account. Hence, nothing survives for consideration in these petitions. 2. The memo is taken on record. 3. Accordingly, the writ of petitions are dismissed as infructuous. 4. Pending IAs., if any, shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE SMC List No.: 1 Sl No.: 24