- 1 - NC: 2025:KHC:18382 WP No. 15257 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 27TH DAY OF MAY, 2025 BEFORE THE HON'BLE MR JUSTICE M.I.ARUN WRIT PETITION NO. 15257 OF 2025 (GM-RES) BETWEEN: RAHUL VINAY V AGED ABOUT 36 YEARS, S/O VIJAYA KUMAR R/A NO.479, 12TH CROSS, OPP TVS SERVICE CENTRE, WILSON GARDEN, BANGALORE-560 027 …PETITIONER (BY SRI. VAIDYANATHA, ADVOCATE) AND: ICICI BANK LTD REP. BY ITS AUTHORISED OFFICER, NO.4/10, 1ST FLOOR, WEST WING, MYTHRI CENTRE, HOSUR ROAD, BOMMANAHALLI, BENGALURU-560 068 …RESPONDENT THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO-QUASH THE E- AUCTION DATED 27.05.2025 VIDE ANNEXURE -A ISSUED BY THE RESPONDENT BANK AND ETC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE M.I.ARUN Digitally signed by H K HEMA Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:18382 WP No. 15257 of 2025 ORAL ORDER The petitioner is challenging the action initiated by respondent-Bank under Section 13 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (for short 'SARFAESI') Act, 2002. 2. The petitioner is having an alternative and efficacious remedy under Section 17 of the SARFAESI Act, 2002. 3. For the said reason, the writ petition is hereby dismissed reserving liberty to the petitioner to approach the appropriate forum in accordance with law. Sd/- M.I.ARUN) JUDGE HKV List No.: 1 Sl No.: 75