- 1 - HC-KAR NC: 2025:KHC:35475 WP No. 28842 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO. 28842 OF 2023 (GM-RES) BETWEEN: M/S TEJESWANI DRIP IRRIGATION A PARTNERSHIP FIRM REP BY THE PARTNER SRI PARIMALA HIPPARAGI W/O MUPPAYYA HIPPARAGI AGED ABOUT 51 YEARS HALLUR BELGAUM-591312 …PETITIONER (BY SRI. CHANDRAKANTH R GOULAY.,ADVOCATE) AND: 1. KARNATAKA STATE FINANCIAL CORPORATION MILLERS TANK BUND VASANTHNAGAR BANGALORE-560052 REP BY THE MANAGING DIRECTOR 2. THE GENERAL MANAGER (CIII) KARNATAKA STATE FINANCIAL CORPORATION MILLERS TANK BUND Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:35475 WP No. 28842 of 2023 VASANTHNAGAR BANGALORE-560052 3. THE GENRAL MANAGER KARNATAKA STATE FINANCIAL CORPORATION BRANCH OFFICE AT NEAR HOTEL SANAM DELUX COLLEGE ROAD BELGAVI-590001 …RESPONDENTS (BY SRI. VINAYA KUMAR G S.,ADVOCATE) THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED ORDER BEARING NO. KSFC/BO/BGV/725/2023-24 DATED 14/12/2023 BY THE R2 VIDE ANNEXURE-A AS ARBITRARY ILLEGAL AND VOID. THIS PETITION, COMING ON FOR FRESH MATTERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD - 3 - HC-KAR NC: 2025:KHC:35475 WP No. 28842 of 2023 ORAL ORDER The petitioner has called in question the proceedings dated 14.12.2023 by the Karnataka State Financial Corporation [KSFC] [Annexure - A]. This Court, on 20.12.2023, has granted interim order subject to the petitioner depositing a sum of Rs.20,00,000/- within certain timelines. In terms of the impugned proceedings, the petitioner is called upon to pay a sum of Rs.67,89,478/-. Mr. Vinay Kumar G.S, the learned counsel for the KSFC and its officers has emphasized before this Court on 02.09.2025 that the petitioner has an alternative remedy and that no indulgence be shown to the petitioner because it has not complied with the terms of the interim order. This Court has extended multiple opportunities to the petitioner to respond and the learned counsel on record for the petitioner is constrained for want of instructions. - 4 - HC-KAR NC: 2025:KHC:35475 WP No. 28842 of 2023 In view of the afore, this Court must opine that there will be no cause for interference in the present petition and the petitioner must, if it is aggrieved by the impugned proceedings, must avail alternative remedy. The petition stands disposed of accordingly subject to all just exceptions. Sd/- (B M SHYAM PRASAD) JUDGE RB