Research › Search › Judgment

High Court of Karnataka · body

2026 DAILYLAW 9388 (KAR)

RAJEEV KUMAR RAI v. RESERVE BANK OF INDIA

WP/14608/2022 · 2026-02-11

M G S Kamal

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:8431 WP No. 14608 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 14608 OF 2022 (GM-RES) BETWEEN: 1. RAJEEV KUMAR RAI S/O RAJ NARAYAN RAI AGED ABOUT 53 YEARS 2. DR. NIKITHA RAI W/O SRI RAJIV KUMAR RAI AGED ABOUT 43 EYARS BOTH ARE R/O NO.49 D ROAD, 2ND PHASE IDEAL HOME SOCIETY RAJA RAJESHWARI NAGAR BENGALURU - 560 098. …PETITIONERS (BY SRI. K SREEDHAR.,ADVOCATE) AND: 1. RESERVE BANK OF INDIA HEAD OFFICE FORT MUMBAI - 400 001 REP. BY ITS GOVERNOR. 2. INDIAN OVERSEAS BANK VASANTHNAGAR BENGALURU CIRCLE BENGALURU - 560 001 REP. BY ITS CHIEF MANGER. 3. THE MANAGER Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:8431 WP No. 14608 of 2022 INDIAN OVERSEAS BANK NO. 253, KANAKPURA ROAD JAYANAGAR 7TH BLOCK BENGALURU - 560 070. …RESPONDENTS (BY SRI. PRATHAP N.B., ADVOCATE FOR R3; R1 & R2 ARE SERVED AND UNREPRESENTED) THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED DEMAND NOTICE DATED 02.03.2022 VIDE ANENXURE-E AS THE SAME IS ILLEGAL WITHOUT AUTHORITY OF LAW IN VIEW OF THE ORDER PASSED BY THE DISTRICT CONSUMER FORUM IN COMPLAINT NO.1771/2019 DATED 24.02.2022 VIDE ANNEXURE-A AND ECT. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL ORAL ORDER Learned counsel for the petitioners has filed a memo dated 11.02.2026 seeking leave of the Court to withdraw the petition. 2. Memo reads as under; " Petitioner in the above case respectfully submits as follows; Above writ petitioner has become infractions in view of the implement of district forum and state forum, order. Hence, petitioner wants to withdrawn above petition, kindly memo may be accepted in the interest of justice and equity". - 3 - HC-KAR NC: 2026:KHC:8431 WP No. 14608 of 2022 3. In view of the above memo, petition is dismissed as withdrawn. SD/- (M.G.S. KAMAL) JUDGE RU, List No.: 1 Sl No.: 9