- 1 - HC-KAR NC: 2026:KHC:13368 WP No. 16901 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 16901 OF 2025 (GM-DRT) BETWEEN: 1. SRI. PRAVEEN KUMAR M. S/O P. MANJUNATH, AGED ABOUT 30 YEARS 2. SMT. K. HEMALATHA W/O P. MANJUNATH, AGED ABOUT 46 YEARS BOTH ARE RESIDING AT: NO.786, HIG-1, GROUP - II, KHB COLONY, HOOTAGALLI, MYSURU - 570 018. ALSO RESIDING AT: NO.09, NEW NO.03, SITUATED AT AJ BLOCK, UDAYAGIRI EXTENSION, LASHKAR MOHALLA, MYSURU. ALSO AT # 187, 5TH CROSS, MADEGOWDA CIRCLE, HEBBAL, MYSURU - 570 016. …PETITIONERS (BY SRI. SOMASHEKHARAIAH R.P., ADVOCATE) Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:13368 WP No. 16901 of 2025 AND: M/S CENTRAL BANK OF INDIA, [CONSTITUTED BY THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970] NO.147, K-51, RAMAVILAS ROAD, K.R. MOHALLA, MYSURU - 570 024. IFSC CODE: CBIN0280858 REPRESENTED BY ITS AUTHORIZED OFFICER/ CHIEF MANAGER, MR. D. MAHESH RAJ …RESPONDENT THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO A) QUASHING THE UNDER THE IMPUGNED SECTION 14 ORDER DATED 05- 04-2024 IN CRI. MISC. NO.67/2024 VIDE ANNEXURE C, WHICH IS OBTAINED BY THE RESPONDENT BANK STATING THAT THE ENTIRE RECOVERY PROCEEDINGS INITIATED BY THE RESPONDENT BANK AGAINST THE SCHEDULE PROPERTY ARE ILLEGAL AND IN VIOLATION OF THE PROVISIONS OF THE SARFAEST ACT, 2002 ETC. THIS PETITION, COMING ON FOR DISMISSAL, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 3 - HC-KAR NC: 2026:KHC:13368 WP No. 16901 of 2025 ORAL ORDER A memo is filed by the learned counsel for the petitioners seeking withdrawal of the writ petition and to permit the petitioners to approach the Debt Recovery Tribunal. 2. The memo is placed on record. 3. Accordingly, the writ petition is dismissed as withdrawn with a liberty to the petitioners to avail the appropriate remedy in accordance with law. 4. Pending IAs., if any, shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE SMC List No.: 1 Sl No.: 8