Dismissed¶32

M/S Vng Developers v. M/S Canara Bank

Karnataka HC6 Apr 2026WP/39257/2025

Case brief

AI extract

What is this about?

Karnataka HC Bengaluru; WP No. 39257 of 2025 (GM-DRT); NC: 2026:KHC:18707; Lalitha Kanneganti J.; VNG Developers vs Canara Bank; Articles 226 and 227 Constitution of India; writ of mandamus; one time settlement OTS representation dated 21/03/2024 Annexure-K; OTS guidelines; reasoned order; loan account closed 24.02.2026; memo taken on record; writ petition dismissed as withdrawn; pending IAs stand closed; respondents Srinivas Gowda B.T and Mangala H B; advocates Shwetha M. Patil, Krishna Murthy N., Sainath D.M.

What did the court decide?

No relief granted; writ petition dismissed as withdrawn after petitioner's counsel reported closure of the loan account on 24.02.2026, leaving nothing to be considered. ¶32

M/S Vng Developers Vs M/S Canara Bank — Writ and Judicial Review | Karnataka HC (2026)

¶1

¶2

NC: 2026:KHC:18707 WP No. 39257 of 2025

¶3

HC-KAR

¶4

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 6^TH DAY OF APRIL, 2026

¶5

BEFORE

¶6

THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 39257 OF 2025 (GM-DRT)

¶7

BETWEEN:

¶8

M/S VNG DEVELOPERS NO.M005, RENAISSANCE EXOITICA, JAKKUR PLANTATION ROAD, BELLARI ROAD, YELAHANKA BANGALORE - 560 064 REPRESENTED BY ITS MANAGING PARTNER, MR.MUKKA VINOD KUMAR AGED ABOUT 58 YEARS,

¶9

AND ALSO AVAILABLE AT "ANTRELIA HOMES" SY. NO.91/2, 92/4, 92/5, THIRUMENAHALLI VILLAGE, YELAHANKA HOBLI, BENGALURU NORTH - 560 064.

¶10

Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA

¶11

(BY SMT. SHWETHA M. PATIL, ADVOCATE FOR SRI. KRISHNA MURTHY N., ADVOCATE)

¶12

…PETITIONER

¶13

AND:

¶14

M/S CANARA BANK HAVING ITS OFFICE AT NO. 186, KANNAMANGLA, DEVANAHALLI TALUK BANGALORE RURAL DISTRICT - 562 110 REPRESENTED BY ITS MANAGER, MR. ARUN KUMAR S

¶15

¶16

NC: 2026:KHC:18707 WP No. 39257 of 2025

¶17

HC-KAR

¶18

MR. SRINIVAS GOWDA B.T, S/O MR. THIMMAIAH, AGED ABOUT 41 YEARS, R/AT NO.813/A, 1^ST MAIN ROAD, NGO LAYOUT, VRUSHABHAVATHI NAGAR, BANGALORE - 560 079.

¶19

ALSO AVAILABLE AT NO. 17/3, ASHOKAPURA COMMUNITY HALL ROAD, INDUSTRIAL SUB-URB, YESHWANTHPURA, BENGALURU - 560 022.

¶20

MRS. MANGALA H B, W/O MR. SRINIVAS B T, AGED ABOUT 41 YEARS, R/AT NO.813/A, 1^ST MAIN ROAD, NGO LAYOUT, VRUSHABHAVATHI NAGAR, BANGALORE - 560 079.

¶21

…RESPONDENTS

¶22

(BY SRI.SAINATH D.M, ADVOCATE FOR R1)

¶23

THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO ISSUE A WRIT OF MANDAMUS DIRECTING RESPONDENT NO.1 CANARA BANK TO CONSIDER THE PETITIONER S REPRESENTATION SEEKING ONE TIME SETTLEMENT (OTS) OF THE LOAN ACCOUNT, STRICTLY IN ACCORDANCE WITH LAW AND THE APPLICABLE OTS GUIDELINES, AS PER THE REPRESENTATION DATED 21/03/2024 PRODUCED AS ANNEXURE-K, AND TO PASS A REASONED ORDER THEREON AND ETC.

¶24

THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

¶25

¶26

NC: 2026:KHC:18707 WP No. 39257 of 2025

¶27

HC-KAR

¶28

CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI

¶29

ORAL ORDER

¶30

A memo is filed by the learned counsel for the petitioner stating that the loan account has been closed on 24.02.2026. Hence, nothing survives for consideration in this writ petition.

¶31

A memo is taken on record.

¶32

Accordingly, the writ petition is dismissed as

¶33

withdrawn.

¶34

i. Pending IAs., if any, shall stand closed.

¶35

SD/(LALITHA KANNEGANTI) JUDGE

¶36

SMC List No.: 1 Sl No.: 24

M/S Vng Developers v. M/S Canara Bank

Case brief

What is this about?

What did the court decide?

M/S Vng Developers v. M/S Canara Bank

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Statutes considered

Procedural history

Parties & counsel

Coram

Case details

Similar cases

Channakeshava Murthy Vs the Chief Manager and Authorised Officer

Smt. Divya N, Vs Union Bank of India

Shrinivas Vs State of Karnataka

Sangamesh Havannavar Vs Managing Director

Mr G Moideen Vs Deputy Commissioner and District Magistrate

Sri. Basavaraj Hiremath Vs Canara Bank