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2025 DAILYLAW 22604 (KAR)

B N CHANDRAPPA v. CANARA BANK

WP/10269/2025 · 2025-04-09

M Nagaprasanna

body2025

Judgment text

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- 1 - NC: 2025:KHC:15493 WP No. 10269 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF APRIL, 2025 BEFORE THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 10269 OF 2025 (GM-RES) BETWEEN: 1. B.N. CHANDRAPPA, S/O NARASIMHAIAH, AGED ABOUT 69 YEARS, 2. T.C. PRABA W/O B.N. CHANDRAPPA AGED ABOUT 64 YEARS BOTH ARE R/AT BAKTHARAHALLI VILLAGE, HOSURU HOBLI, GOWRIBIDANURU TALUK CHIKKABALLAPURA DISTRICT. …PETITIONERS (BY SMT. SOWMYASHREE G, ADVOCATE FOR SRI. SRINIVASA REDDY R.V, ADVOCATE) AND: CANARA BANK, AGRICULTURAL FINANCE BRANCH. REP. BY ITS CHIEF MANAGER/ AUTHORISED OFFICER KRISHI BHAVAN, BENGALURU - 560 001. …RESPONDENT (BY SMT. NATASHA MURTHY, ADVOCATE) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED NOTICE DATED 18.02.2025 PASSED BY THE RESPONDENT BANK VIDE ANNX-K IN SO FAR AS THE PETITIONER CONCERNED AND ETC. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: Digitally signed by NAGAVENI Location: High Court of Karnataka - 2 - NC: 2025:KHC:15493 WP No. 10269 of 2025 CORAM: HON'BLE MR JUSTICE M.NAGAPRASANNA ORAL ORDER What is challenged in the case at hand is a demand notice issued under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. 2. The learned counsel Smt.Natasha Murthy, appearing for the respondent - bank submits that the petitioners have also submitted their reply and appropriate orders are awaited. 3. In the interregnum, the learned counsel submits that the petitioners that in their reply, they also sought for grant of one time settlement. 4. If that be so, it is for the bank to consider or otherwise. No mandamus can be issued for grant of a one time settlement. - 3 - NC: 2025:KHC:15493 WP No. 10269 of 2025 5. With the aforesaid observations, the petition stands disposed leaving open to the petitioners to avail of such remedy, as is available in law. Sd/- (M.NAGAPRASANNA) JUDGE KG List No.: 1 Sl No.: 39 CT: BHK