M/S Sreedevi Infra Construction Pvt. Ltd. v. M/S Canara Bank
Case brief
What is this about?
Karnataka High Court, Bengaluru; WP No. 17524 of 2022 (GM-RES); decided 10.12.2025; Bench: Justice E.S. Indiresh (single judge). Subject: withdrawal by Canara Bank of One Time Settlement (OTS) sanction vide letter dated 18.01.2022 (Annexure-AE; Ref: ARMB-1/CR 391/032/2022/AK); writ petition under Articles 226 and 227 of the Constitution seeking quashing of the OTS withdrawal letter. Precedent relied upon: The Bijnor Urban Co-operative Bank Limited, Bijnoor & Others v. Meenal Agarwal & Others, AIR 2022 SC 56. Result: no interference called for; writ petition disposed of; pending I.As. disposed of as not surviving for consideration. Petitioner's counsel: Smt. Kavitha D.; respondent's counsel: Sri. Shetty Vignesh Shivaram.
What did the court decide?
None; the writ petition was disposed of with no interference called for in the impugned OTS withdrawal letter dated 18.01.2022.