M/S Mohammediya Cashew Private Ltd., v. the State of Karnataka
Case brief
What is this about?
Karnataka High Court, Bengaluru; NC: 2025:KHC:145; WP No. 29136 of 2024 (CS-RES); Justice K.S. Hemalekha; order dated 06 January 2025; writ petition under Articles 226 and 227 of the Constitution; prayer to quash Form No.8 and Form No.9 auction notice dated 13.09.2024 issued by Recovery Officer of the Co-operative Societies, District Central Co-operative Bank, Mangalore; Dispute Nos. 1049/2023-24, 1051/2023-24, 1050/23-24; C.E.P.Nos. 752/2023-24, 753/2023-24, 754/2023-24; Annexures A and B; withdrawal memo filed at preliminary hearing; amicable settlement with bank under OTS (One Time Settlement) Scheme; memo taken on record; petition dismissed as withdrawn; petitioner M/s. Mohammediya Cashew Private Ltd. (Kundapura, Udupi district); respondents: State of Karnataka Department of Co-operation, Recovery Officer, and South Canara District Central Co-operative Bank Limited.
What did the court decide?
Taking on record the memo filed by learned counsel for the petitioner (recording an amicable settlement with the bank under the OTS Scheme and withdrawal of the matter), the Court held that in view of the memo the writ petition stood dismissed as withdrawn.