Ms. Malavika Hegde v. Bank of Baroda
Case brief
What is this about?
Karnataka HC (Kinagi, J.) 17.02.2026 — WP 34775/2025 (GM-DRT) allowed. Heirs/family of late V.G. Siddhartha vs Bank of Baroda (Stressed Assets Mgmt Branch). DRT-I Chennai order dt. 17.09.2025 on I.A.Nos.49-51/2024 in O.A.6/2023 (seeking deletion of petitioners 2-4 from party array on parity with struck-off borrower) quashed as non-speaking/non-application of mind; I.As restored; DRT to re-decide with detailed reasons; contentions open. Statute: Art. 226 Constitution. Background: NCLT IBA 73/2020 resolution plan 08.01.2022 (amended 11.02.2022); borrower's I.A.76/2024 allowed.
What did the court decide?
Writ petition allowed; order dated 17.09.2025 passed in O.A.No.6 of 2023 rejecting I.A.Nos.49 of 2024 to 51 of 2024 quashed; I.A.Nos.49 to 51 of 2024 restored; tribunal directed to reconsider the applications and pass appropriate orders after assigning detailed reasons; all contentions of the parties kept open; pending IAs disposed of accordingly.