Cm. wrote WP No. 6198 of 2023 to direct a bank to unfreeze an OD account and accept a new guarantor. On the day of hearing, the petitioner filed a memo to withdraw the petition. The Court granted relief on withdrawal.
Withdrawal of the Writ Petition allowed. Petition disposed as withdrawn.
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WP No. 6198 of 2023
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 11TH DAY OF APRIL, 2023
BEFORE
THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 6198 OF 2023 (GM-RES)
BETWEEN:
M/S. JAICHAMUNDI TECH PVT. LTD., SHED NO.17, DD PEENYA INDUSTRIAL AREA, BENGALURU – 560 058. REPRESENTED BY ITS MANAGING DIRECTOR/ AUTHORIZED SIGNATORY K.CHAMARAJENDRA.
Digitally signed by PADMAVATHI B K Location: HIGH COURT OF KARNATAKA
ALSO AT, 18, GANGONDANAHALLI VILLAGE, DASANAPURA HOBLI, NELAMANGALA TALUK, BENGALURU NORTH, BENGALURU – 562 123. …PETITIONER (BY SRI. NATARAJA H C., ADVOCATE) AND:
THE KARNATAKA BANK LIMITED, NO.210, CHANNASANDRA, KADUGODI POST, WHITE FIELD, BENGALURU – 560 067. REPRESENTED BY ITS BRANCH MANAGER.
…RESPONDENT
WP No. 6198 of 2023
THIS WRIT PETITION IS FIELD UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENT BANK TO IMMEDIATELY AND FORTHWITH DE-FREEZE THE OD ACCOUNT NO.9527000600000601 OF THE PETITIONER COMPANY WITH IT BY ACCEPTING THE NEWLY PROPOSED SOLVENT GUARANTOR IN TERMS OF MONEY IN PLACE OF RAMADAS, ORIGINAL GUARANTOR TO ENABLE THE PETITIONER COMPANY TO EXECUTE ITS PENDING ORDER TO ITS CUSTOMER ON TIME WITHOUT ANY HARDSHIP OR HURDLES TO PAY PERIODICAL SALARIES TO ITS EMPLOYEES AND TO INCUR DAY TO DAY BUSINESS RELATED EXPENDITURE INCLUDING OF SERVICING/REPAYING OF EMIS TO RESPONDENT BANK ON TIME AND ETC.,
THIS WRIT PETITION, COMING ON FOR ORDERS, THIS DAY, THE COURT MADE THE FOLLOWING:
ORDER
Learned counsel appearing for the petitioner files a memo seeking to withdraw the petition.
In terms of memo, the petition is disposed as withdrawn.
Sd/JUDGE
JY
List No.: 1 Sl No.: 63
M/S. Jaichamundi Tech Pvt. Ltd.
The Karnataka Bank Limited
M. Nagaprasanna
As recorded by the court registry
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