Paulose M K v. Bank of Baroda
Case brief
What is this about?
Dismissed as not pressed on settlement; withdrawal of SARFAESI-related challenge to DRT order. Keywords: WP 22545/2024 (GM-DRT); High Court of Karnataka, Bengaluru; decision date 10.02.2026; Judge Ashok S.Kinagi; petitioner Paulose M K; respondent Bank of Baroda Pumpwell Branch Mangalore; Debts Recovery Tribunal-1 Bangalore; IA.No.3315/2022 in SA.No.826/2022; final order 31.01.2024 (Annexure A); Articles 226 and 227; SARFAESI Act; loan closure settlement; advocates Sudesh Kumar Acharya U. and Vignesh Shetty. No merits adjudication, no cited precedents, no monetary quantum stated.
What did the court decide?
Upon the petitioner's memo recording a settlement between the parties for closure of the loan transaction, the Court took the memo on record and dismissed the writ petition as not pressed; no point of law was adjudicated. ¶29