M/S. SRI LAKSHMI SRINIVASA v. YES BANK LTD
Case at a glance
Outcome
Disposed of
Accordingly, the writ petition is disposed of as
Provisions considered
- Constitution of India arts. 226, 227
Key paragraphs
- Para 11. Learned counsel for the petitioner filed a memo stating that the petitioner after filing the writ petition, approached the respondent for settlement and accordingly, the matter is settled and the entire payment of dues are paid and loan account is closed. Hence, the petitioner…
- Para 44. Pending IA(s), if any, shall stand disposed of. Sd/- (ASHOK S.KINAGI) JUDGE SKS CT:KHV
Judgment
THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 7510 OF 2025 (GM-DRT) BETWEEN: M/S. SRI LAKSHMI SRINIVASA ROLLER FLOUR MILLS (PARTNERSHIP FIRM), REP. BY IT'S PARTNER, SRI. M.S. SURAJ, AGED 40 YEARS, R/O NO.76, MAGADI ROAD, KEMPAPURA AGRAHARA, BENGALURU-560023 …PETITIONER Digitally signed by SUNITHA K S Location: HIGH COURT OF KARNATAKA (BY SRI. MALIPATIL P S., ADVOCATE) AND: YES BANK LTD AUTHORIZED OFFICER, PRESTIGE OBELISK, MUNICIPAL NO.3, GROUND FLOOR, KASTURBA ROAD, BENGALURU-560001. …RESPONDENT (BY SRI. FRANCIS XAVIER, ADVOCATE FOR C/R1 IN CP No.4692/25 & R1) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO- QUASH THE ORDER DTD 21.02.2025 PASSED IN S.A NO. - 2 - NC: 2026:KHC:5985 WP No. 7510 of 2025 HC-KAR 590/2023 ON THE FILE OF DEBTS RECOVERY TRIBUNAL-I, KARNATAKA AT BENGALURU VIDE ANNX-G. DIRECT THE RESPONDENT TO CONSIDER THE REQUEST OF THE PETITIONER FOR ONE-TIME SETTLEMENT OF HIS LOAN ACCOUNT UNDER THE OTS SCHEME. THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI ORAL ORDER
Learned counsel for the petitioner filed a memo stating that the petitioner after filing the writ petition, approached the respondent for settlement and accordingly, the matter is settled and the entire payment of dues are paid and loan account is closed. Hence, the petitioner may be permitted to withdraw the petition as settled out of Court and prays to dispose of the petition.
Memo is placed on record. - 3 - NC: 2026:KHC:5985 WP No. 7510 of 2025 HC-KAR
Operative part
Accordingly, the writ petition is disposed of as settled out of Court.
Pending IA(s), if any, shall stand disposed of. Sd/- (ASHOK S.KINAGI) JUDGE SKS CT:KHV
Questions this judgment answers
What did the Court decide in this case?
The Court recorded the following disposition: Accordingly, the writ petition is disposed of as
Which statutory provisions did this judgment involve?
Constitution of India — arts. 226, 227.
Precedent status how later indexed judgments have treated this case
No known negative treatment found in the Courts & Cases corpus.
This is a result about the indexed corpus, not a finding that the judgment remains good law. Coverage may be incomplete.