M/S. Krishten Machine Links Private Limited v. M/S. Tamilnad Mercantile Bank Ltd.

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Writ Petition No. 31495 of 2025 (GM-DRT), High Court of Karnataka at Bengaluru (NC: 2026:KHC:20476), oral order dated 10.04.2026 by Hon'ble Smt. Justice Lalitha Kanneganti. Petitioners - Krishten Machine Links Pvt. Ltd. through its Managing Director R V Krishnamurethy, R V Krishnamurthy, K Rukmani and K Muthukumar (counsel: Sri. C Vijaya Kumar) - had moved under Articles 226/227 against Tamilnad Mercantile Bank Ltd. and its Authorized Officer, praying to quash the DRT-II Bengaluru order dated 16.07.2025 in NDN/243/2025(MA), for 15 days' time to comply with the order dated 25.06.2025, and for disposal of the misc. application on merits. When the matter came up for orders, counsel filed a memo stating that the Bank had considered the OTS proposal and that the petitioners wished to withdraw; the memo was taken on record and the writ petition was dismissed as withdrawn, with pending IAs closed. No issue was decided, no case law was cited and no amount is quantified; the order contains no citable ratio.