Extracted from the PDF above. The PDF is authoritative.
- 1 -
HC-KAR NC: 2026:KHC:10113 WP No. 22445 of 2025
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 18TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 22445 OF 2025 (GM-DRT)
BETWEEN:
M/S. SUPREME TRADERS R/AT, NO.1584/3, SHOP NO.15, FARAH CENTRE, SATHNUR CIRCLE, B M ROAD, CHANNAPATNA-562 160, REPRESENTED BY ITS PERSONAL GUARANTEER SAIFUDDIN SYED S/O SYED AHMED [PETITIONER COMPANY IS REGISTERED UNDER MSME DATED 01.06.2022]
…PETITIONER
(BY SRI. SADDAM R MULLA, ADVOCATE FOR SRI. MOHAMMED TAHIR, ADVOCATE)
AND:
1.
STATE BANK OF INDIA R/AT, BM ROAD, CHANNAPATNA BRANCH, PB NO.2, NO.2290, BENGALURU-MYSURU ROAD, CHANNAPATNA-562 160, REPRESENTED BY ITS BRANCH MANAGER [REGISTERED UNDER THE SBI ACT, 1955]
Digitally signed by KIRAN KUMAR R Location:
HIGH COURT OF KARNATAKA
- 2 -
HC-KAR NC: 2026:KHC:10113 WP No. 22445 of 2025
2.
CHIEF MANAGER (CREDIT AND NPAM) STATE BANK OF INDIA REGIONAL BRANCH OFFICE – 4, CHAMARAJANAGAR-571 313, REPRESENTED BY ITS AUTHORIZED OFFICER.
…RESPONDENTS
(BY SMT. DIVYA PURANDAR, ADVOCATE FOR R1 & R2;
SMT. MAHALAXMI VIVEK, ADVOCATE FOR C/R1 IN (CP NO.11561/2025)
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO: (1) TO ISSUE WRIT OF MANDAMUS OR ANY APPROPRIATE WRIT,
ORDER OR DIRECTION DIRECTING THE RESPONDENT BANK TO RESTRUCTURE THE INTEREST RATE IN CASH CREDIT FACILITY AVAILED BY THE PETITIONER BY REFERRING THE CASE OF PETITIONER TO STANDING COMMITTEE TO IDENTIFY AND RESTRUCTURE THE ADVANCE OF MSMES AS PER THE GAZETTE NOTIFICATION DATED 29/05/2015 AT ANNEXURE-F BEARING No.1133 AND RBI CIRCULAR DATE 17/03/2016 AT ANNEXURE- G BEARING No.RBI/2015-16/338 IN SUCH MANNER AS THE COURT MAY DEEM FIT AND JUST; AND ETC.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI
- 3 -
HC-KAR NC: 2026:KHC:10113 WP No. 22445 of 2025
ORAL ORDER
1.
Learned counsel for the petitioner files a memo seeking leave of the Court to withdraw the writ petition with liberty to approach the appropriate forum.
2. The Memo is placed on record.
3. The writ petition is dismissed as withdrawn.
4. Liberty is reserved to the petitioner to approach the Debts Recovery Tribunal within thirty days from today.
5. If the petitioner approaches the Debts Recovery Tribunal within thirty days from today, he is entitled to the benefit of Section 14 of the Limitation Act.
6. Registry is directed to return the original/certified copies of the documents, if any, to the petitioner, after retaining a photo copy of the same.
- 4 -
HC-KAR NC: 2026:KHC:10113 WP No. 22445 of 2025
7. In view of the disposal of the petition, pending applications, if any, stand disposed of.
Sd/- (ASHOK S.KINAGI) JUDGE
RK CT:ar List No.: 2 Sl No.: 20