Mr Vikram Prabhakar v. the Karnataka Bank Ltd.
Case brief
What is this about?
Vikram Prabhakar v. Karnataka Bank Ltd. - WP No. 7223 of 2023 c/w WP No. 5175 of 2023 (GM-RES), High Court of Karnataka, Bengaluru; Coram: Hon'ble Mr Justice M.Nagaprasanna; dated 17 April 2025 (NC: 2025:KHC:16082). Withdrawal of writ petitions filed under Article 226 challenging bank recovery action - sale notice dtd 20/10/2022 (Annexure-D, Item No.6 property) and possession notice dtd 16.06.2022 (Annexure-A, schedule properties) - after out-of-court settlement between borrower and auction purchaser vide sale deed dated 04.04.2025. Disposed as withdrawn; no merits adjudication, no cases cited, no quantum. Procedural disposal only; not citable for any legal proposition.
What did the court decide?
Both writ petitions (WP No. 7223/2023 c/w WP No. 5175/2023) permitted to be withdrawn and disposed of as withdrawn on the memo filed by learned counsel for the petitioners; the underlying dispute stood settled between the petitioner (borrower) and the auction purchaser vide sale deed dated 04.04.2025.