Smt. Anitha Nanaiah Machangada v. Canara Bank
Case brief
What is this about?
Dismissed as withdrawn on memo recording executed one-time settlement between borrowers/petitioners and Canara Bank; DRT Bangalore O.A. No. 1845/2020; demand notice RC/303/2024 dated 08.05.2024 (Annexure-A); Canara Bank Balele Branch sale notice ROMDK/0589/AUC/SALENOTICE/OCT_17/2024-25 dated 24.09.2024 (Annexure-B); writ under Articles 226 and 227; property at Kottageri Village, Kodagu; no merits decided, no ratios on recovery or sale proceedings; limited citation value except as instance of withdrawal following OTS.
What did the court decide?
The memo for withdrawal, stating that the petitioners and the respondent Bank had reached an amicable one-time settlement that was signed and executed, was taken on record. ¶¶34