Dismissed¶34

M/S Religare Finvest Limited v. M/S Akshara International School

Karnataka HC6 Mar 2026WP/8446/2022

Case brief

AI extract

What is this about?

NC: 2026:KHC:13775 | HC-KAR | WP No. 8446 of 2022 (GM-CPC) | Art. 227 | Religare Finvest Ltd. & India Resurgence ARC Pvt. Ltd. v. Akshara International School & Ors. | Concerns Commercial Execution Petition No.67/2022, LXXXIV Addl. City Civil & Sessions Judge (Commercial Court) (CCH-85), Bengaluru | Dismissed as withdrawn on settlement memo dated before preliminary hearing | Single judge: Vijaykumar A. Patil | Decision date: 06-03-2026 | No merits, ratios or precedents decided.

What did the court decide?

Writ petition dismissed as withdrawn pursuant to the petitioner's memo recording amicable settlement between the parties; no relief adjudicated on merits. ¶34

M/S Religare Finvest Limited Vs M/S Akshara… — Company and Corporate | Karnataka HC (2026)

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NC: 2026:KHC:13775 WP No. 8446 of 2022

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HC-KAR

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

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THE HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL WRIT PETITION NO. 8446 OF 2022 (GM-CPC)

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BETWEEN:

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M/S RELIGARE FINVEST LIMITED A NON BANKING FINANCE COMPANY INCORPORATED UNDER THE PROVISION OF THE COMPANIES ACT, 1956 HAVING ITS REGISTERED OFFICE AT 2ND FLOOR, RAJLOK BUILDING 24, NEHRU PLACE, NEW DELHI - 110 019.

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Digitally signed by NANDINI M S Location: HIGH COURT OF KARNATAKA

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M/S INDIA RESURGENCE ARC PRIVATE LIMITED A COMPANY REGISTERED AS AN ASSET RECONSTRUCTION COMPANY PURSUANT TO SECTION OF THE SECURITISATION AND RECONSRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT 2002 HAVING ITS REGISTERED OFFICE AT 3RD FLOOR, UNIT 304, PIRAMAL TOWER PENINSULA CORPORATE PARK LOWER PAREL, MUMBAI MAHARASHTRA - 400 013 ASSIGNEE AS PER THE ASSESSMENT DEED DATED 05-11-2019 REPRESENTED BY ITS LEGAL MANAGER MRS RAGINI M.K D/O MR. MARUTI AGED ABOUT 37 YEARS.

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…PETITIONERS

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(BY SRI HANEEF M.H, ADV.)

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AND:

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M/S AKSHARA INTERNATIONAL SCHOOL NO.59, AGS LAYOUT, BENGALURU KARNATAKA - 560 061.

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NC: 2026:KHC:13775 WP No. 8446 of 2022

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HC-KAR

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MR. KRISHNA MURTHY V.S S/O MR. SHESHACHAR V.R AGED ABOUT 58 YEARS.

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MRS. GEETHA KRISHNA MURTHY W/O MR. KRISHNA MURTHY S AGED ABOUT 52 YEARS.

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BOTH RESPONDENTS NO.2 AND 3 RESIDING AT NO. 48, 1ST AND 2ND FLOOR, POOJA RESIDENCY IST MAIN ROAD, IST CROSS SARWABOWMA NAGAR CHIKKALASANDRA BENGALURU - 560 061 ALSO AT NO.59, KHARESHMAI NO.35 AGS LAYOUT, AREHALLI VILLAGE UTTARAHALLI HOBLI BENGALURU - 560 061.

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…RESPONDENTS

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(NOTICE TO R-1 TO R-3 IS D/W V/O DTD:25.08.2022)

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THIS WP FILED UNDER ARTICLE 227 OF THE CONSTITUTION OF INDIA PRAYING TO CALL FOR RECORDS WITH RESPECT TO THE COMMERCIAL EXECUTION PETITION NO.67/2022 ON THE FILE OF THE LXXXIV ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, (COMMERCIAL COURT) (CCH-85) AT BENGALURU.

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

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CORAM: HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL

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ORAL ORDER

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Learned Counsel for the petitioner has filed a memo seeking

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permittion to withdraw the writ petition. The memo reads as under:

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"The petitioner respectfully submits before this Hon'ble Court as hereunder:

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NC: 2026:KHC:13775 WP No. 8446 of 2022

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HC-KAR

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That, by the intervention of the friends and well wishers the issues between the parties is settled amicably. Thus, the prosecuting the captioned writ petition is becomes infractuous. The petitioner intends to withdraw the captioned writ petition as not pressed."

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The memo is placed on record.

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In view of the aforesaid memo, the writ petition is dismissed as withdrawn.

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Sd/(VIJAYKUMAR A. PATIL) JUDGE

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M/S Religare Finvest Limited v. M/S Akshara International School

Case brief

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M/S Religare Finvest Limited v. M/S Akshara International School

Case brief

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