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M/S Premsons Marketing Private Ltd And Others vs Allahabad Bank

High Court Of Karnataka|22 February, 2019
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JUDGMENT / ORDER

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 22ND DAY OF FEBRUARY, 2019 BEFORE THE HON'BLE MR. JUSTICE B. VEERAPPA WRIT PETITION Nos.51319-51322 OF 2013 (GM RES) BETWEEN:
1. M/s.Premsons Marketing Private Ltd., A Private Limited Company, Represented by its Managing Director Mr.Praveen Kumar Jain, S/o Late.Sri.Premchand Jain, Having its Office at;
# 15, KCG Industrial Estate, Kamakshi Palya, Magadi Road, Bangalore-560 079.
2. M/s.Premson International A Partnership Firm Represented by its Partner Mrs.Renu Jain, Wife of Praveen Kumar Jain, Shed No.8, Phase IV, SIDCO Industrial Estate, Gummidipoondi State of Tamil Nadu.
3. Sri.Praveen Kumar Jain, S/o Late Sri.Premchand Jain, Aged about 56 years, R/s at No.6, V.M.Street, Choolai, Chennai, State of Tamil Nadu.
4. Smt.Renu Jain, Wife of Praveen Kumar Jain, Aged about 55 years R/s at, No.6, V.M.Street, Choolai, Chennai, State of Tamil Nadu.
(By Sri.Adinatha Narde, Advocate) AND:
Allahabad Bank, Represented by its, Authorized Representative, Manager, Sri.P.M.Subramanyan K.G.Road, Branch, 2, K.G.Road, Bangalore-560 009.
(By Sri. T.S.Venkatesh, Advocate) ... Petitioners … Respondent These writ petitions are filed under Articles 226 and 227 of the Constitution of India praying to direct the respondent Bank to consider the one time settlement proposal made by these petitioners with regard to the loan dues in Bank Account bearing No.Premsons International (TL.No.20011660295 ii) Premsons Marketing Pvt. Ltd.(TL) No.20011660308 (ii) Premsons Marketing Pvt.Ltd (TL No.20011660375).
These Petitions coming on for Preliminary Hearing ‘B’ Group this day, the Court made the following:
ORDER Learned counsel for petitioners has filed a memo stating that petitions may be dismissed as having become infructuous.
Memo is placed on record.
Writ petitions are dismissed as having become infructuous.
Sd/- JUDGE SB
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Title

M/S Premsons Marketing Private Ltd And Others vs Allahabad Bank

Court

High Court Of Karnataka

JudgmentDate
22 February, 2019
Judges
  • B Veerappa