Sri B Sricharan v. the Authorized Officer
Case brief
What is this about?
Karnataka HC, WP 3087/2022 (GM-RES), Lalitha Kanneganti J., order dt. 24-03-2026; writ petition under Article 226 by B. Sricharan against Authorized Officer, National Co-operative Bank Ltd., seeking quashing of II ACMM Bengaluru order in C.MISC. No.1631/2019 dtd 02.08.2019 (Annx-F) and redelivery of possession of mortgaged property; dismissed as infructuous as loan account closed with full repayment, nothing surviving; all I.As. closed; no case citations, no quantum.
What did the court decide?
Since it was submitted that the loan account stood closed with repayment of the entire amount and nothing survived for consideration in the writ petition, the Court dismissed the writ petition as infructuous. ¶¶30-31