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M/S ACCURATE INDUSTRIAL FUNCHE v. CANARA BANK

Court: High Court of Karnataka

Bench: ANU SIVARAMAN,TARA VITASTA GANJU

Judgment date:

Case summary

High Court of Karnataka judgment dated 2026-04-30. M/S ACCURATE INDUSTRIAL FUNCHE v. CANARA BANK. Read the judgment and case details on LawSphereX.

Judgment text

- 1 - RFA No. 526 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU TH DATED THIS THE 30 DAY OF APRIL, 2026 PRESENT THE HON'BLE MRS. JUSTICE ANU SIVARAMAN AND THE HON'BLE MS. JUSTICE TARA VITASTA GANJU REGULAR FIRST APPEAL NO. 526 OF 2024 (MON) BETWEEN: M/S ACCURATE INDUSTRIAL FUNCHE PARTNERSHIP FIRM, REP. BY SRI J SHIVAKUMAR, S/O SRI B JAYAGOPAL, AGED ABOUT 50 YEARS, TH NO. 47 13 CROSS, L N PURAM SRIRAMPURAM BENGALURU 560021 …APPELLANT (BY SRI. BAGOJI VIJAYAKUMAR GURAPPA, ADVOCATE) AND: CANARA BANK SRIRAMPURA BRANCH, - 2 - RFA No. 526 of 2024 SRIRAMPURAM BENGALURU 560021, REP BY THEIR SENIOR B R RAMACHANDRA …RESPONDENT THIS RFA IS FILED UNDER SECTION 96 OF CPC, AGAINST THE JUDGMENT AND DECREE DATED 20. 11. 2023 PASSED IN OS NO. 2181/2020 ON THE FILE OF THE VII ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, (CCH-19) BENGALURU, DECREEING THE SUIT FOR RECOVERY OF MONEY. THIS APPEAL, COMING ON FOR ORDERS, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MRS.

JUSTICE ANU SIVARAMAN and HON'BLE MS. JUSTICE TARA VITASTA GANJU - 3 - RFA No. 526 of 2024 ORAL JUDGMENT (PER: HON'BLE MRS. JUSTICE ANU SIVARAMAN) Learned counsel appearing for the appellant seeks leave of the Court to withdraw the appeal and has filed a memo to that effect. The memo reads as under; " The under signed Counsel for Appellant submits that the Appellant has paid Rs. 17,00,000/-on 23. 02. 2026 as OTS settlement as fixed by the Regional Office Bengaluru West of Respondent Bank. The Respondent bank is supposed to issue the NOC certificate to the Appellant in due course as per their banking procedure. The under signed Counsel for Appellant humbly prays that this Hon'ble Court please to Permit the Appellant to withdraw the present appeal in the interest of Justice and Equity. The counsel for the appellant prays that this Hon'ble Court may please to take this memo on record in the interest of justice and equity and pass necessary orders in the interest of justice and equity.

" - 4 - RFA No. 526 of 2024 2. In view of the memo, appeal is dismissed as withdrawn. Sd/- (ANU SIVARAMAN) JUDGE Sd/- (TARA VITASTA GANJU) JUDGE RAK List No. : 4 Sl No. : 12

Source: Supreme Court eSCR. Dataset: Dattam Labs, CC BY 4.0. Text extracted automatically; compare with the source PDF for layout and accuracy.