- 1 - HC-KAR NC: 2026:KHC:20476 WP No. 31495 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF APRIL, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 31495 OF 2025 (GM-DRT) BETWEEN: 1. M/S. KRISHTEN MACHINE LINKS PRIVATE LIMITED REPRESENTED BY ITS MANAGING DIRECTOR, SRI. R V KRISHNAMURETHY, OFFICE AT NO.16/42, 14TH CROSS, SIDDAGANGA SCHOOL ROAD, CHANDRA LAYOUT, BANGALORE 560 072. REGISTERED UNDER COMPANIES ACT, REPRESENTED BY MANAGING DIRECTOR. 2. SRI. R V KRISHNAMURTHY, S/O SRI. M R VELLAICHAMY NADA, AGED ABOUT 63 YEARS, R/AT NO.1615, 14TH CROSS, SIDDAGANGA SCHOOL ROAD, CHANDRA LAYOUT, BENGALURU 560 072. 3. SMT. K RUKMANI, W/O MR. R V KRISHNAMURTHY, AGED ABOUT 60 YEARS, R/AT NO.1615, 14TH CROSS, CHANDRA LAYOUT, BENGALURU 560 072. 4. SRI. K MUTHUKUMAR, S/O MR. R V KRISHNAMURTHY, AGED ABOUT 41 YEARS, R/AT NO.1615, 14TH CROSS, SIDDAGANGA SCHOOL ROAD, CHANDRA LAYOUT, BENGALURU 560 072. …PETITIONERS (BY SRI. C VIJAYA KUMAR.,ADVOCATE) Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:20476 WP No. 31495 of 2025 AND: 1. M/S. TAMILNAD MERCANTILE BANK LTD THE BANKING COMPANY INCORPORATED UNDER INDIAN COMPANIES ACT, 1913, HAVING ITS REGISTERED OFFICE AT NO.57, V E ROAD, THOOTHUKUDI 628 002, REPRESENTED BY ITS GENERAL MANAGER. TAMIL NADU AND AMONGST OTHERS A BRANCH OFFICE AT MAHALAXMI CHAMBERS, 29, M G ROAD, CANTONMENT, BANGALORE 560 001, REPRESENTED BY ITS CHIEF MANAGER AND AUTHORIZED OFFICER. 2. THE AUTHORIZED OFFICER, M/S. TAMILNAD MERCANTILE BANK LTD., MAHALAXMI CHAMBERS, 29, M G ROAD, CANTONMENT, BENGALURU 560 001. INDIAN COMPANIES ACT, 1913. …RESPONDENTS THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE ORDER DTD. 16.07.2025 IN NDN/243/2025(MA) ON THE FILE OF DEBTS RECOVERY TRIBUNAL II AT BENGALURU A COPY OF WHICH IS PRODUCED AT ANNX-D AND GIVE THE PETITIONERS 15 DAYS TIME TO COMPLY THE ORDER DTD. 25.06.2025 THEREIN, A COPY OF WHICH IS PRODUCED AT ANNX-C AND DISPOSE OF THE SAID MISC. APPLICATION ON MERITS TO MEET THE ENDS OF JUSTICE. THIS WRIT PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 3 - HC-KAR NC: 2026:KHC:20476 WP No. 31495 of 2025 ORAL ORDER A memo is filed by the learned counsel for the petitioner stating that the Bank has considered the OTS proposal. Hence, the petitioner wants to withdraw the writ petition. 2. The memo is taken on record. 3. Accordingly, the writ petition is dismissed as withdrawn. 4. Pending IAs., if any, shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE PKN List No.: 4 Sl No.: 1