IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF FEBRUARY 2019 BEFORE THE HON’BLE MR.JUSTICE ALOK ARADHE WRIT PETITION NOS.40310-40311 OF 2016 (GM-RES) BETWEEN:
1. ERKADI SYSTEMS 109, I PHASE, ELECTRONIC CITY BANGALORE-560 100 HOSUR ROAD REPRESENTED BY ITS MANAGING PARTNER MR. K.Y. ASHOK MURTHY.
2. MR. K.Y. ASHOK MURTHY AGED ABOUT 60 YEARS MANAGING PARTNER ERKADI SYSTEMS 109, I PHASE, ELECTRONIC CITY HOSUR ROAD BANGALORE-560 100. …PETITIONERS (BY SRI VIVEK HOLLA, ADV.) AND:
1. INDIAN OVERSEAS BANK NO.251/62, 9TH MAIN 5TH BLOCK, JAYANAGAR BENGALURU-560 011 REPRESENTED BY ITS MANAGER 2. AUTHORISED OFFICER INDIAN OVERSEAS BANK 3RD FLOOR LAKSHMINARAYANA COMPLEX 10/1, PALACE ROAD 2 VASANTHANAGAR BENGALURU-560 052. …RESPONDENTS (BY SRI HARIKRISHNA S. HOLLA, ADV. FOR R1 & R2) THESE WRIT PETITIONS ARE FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DECLARE THAT THE PETITIONER’S LOAN ACCOUNTS HAVE NOT BECOME NON-PERFORMING ASSET (NPA), QUASH THE REPLY/ORDER DATED: 20.07.2016 ISSUED BY THE R-1 HEREIN (ANNEXURE- AF) THESE WRIT PETITIONS COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, THE COURT MADE THE FOLLOWING:
O R D E R Learned counsel for the petitioners has filed a memo dated 15.02.2019 seeking leave of this Court to withdraw the writ petitions.
2. The memo is taken on record.
3. Accordingly, the writ petitions are dismissed as withdrawn.
Sd/- JUDGE ST