2025 Supreme(Kar) 553

IN THE HIGH COURT OF KARNATAKA AT BENGALURU 
M. NAGAPRASANNA, J.
M/s. Ishtika Homes Private Limited - Appellant
Versus
M/s. SRM Builders and Developers - Respondent
Civil Revision Petition Nos. 48, 110 of 2025
Decided On : 06-06-2025

The court permits the withdrawal of civil petitions when the parties have settled the matter out of court, emphasizing justice and equity.

Headnote:(A) Civil Procedure Code - Withdrawal of Petition - Petitioners seek to withdraw their petitions as the matter has been settled out of court - The court permits the withdrawal of petitions in the interest of justice and equity. (Para 2)

Facts of the case:
The petitioners, M/s. Ishtika Homes Private Limited, sought to withdraw their civil revision petitions (Nos. 48, 110 of 2025) as a settlement was reached with the respondents, M/s. SRM Builders and Developers.

Findings of Court:
The court accepted the withdrawal request and disposed of the petitions accordingly.

Issues: The main issue addressed was whether to permit the withdrawal of the petitions based on an out-of-court settlement.

Ratio Decidendi: The court ruled that petitions can be withdrawn when the parties have reached a settlement, emphasizing the importance of justice and equity in such situations.

Result: Petitions disposed as withdrawn.