- 1 - HC-KAR NC: 2025:KHC:37762 WP No. 9713 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19TH DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO. 9713 OF 2025 (GM-RES) BETWEEN: SRI. Y R RAMESH REDDY S/O SRI LATE RAMAKRISHNA REDDY, AGED 63 YEARS, RESIDING AT NO.219, 10TH C MAIN ROAD, 1ST BLOCK, JAYANAGAR, BANGALORE-560011 …PETITIONER (BY SRI. RISHIKESH D M, ADVOCATE FOR SRI. VAMSHI KRISHNA, ADVOCATE) AND: THE AUTHORIZED OFFICER / MANAGER CANARA BANK, Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:37762 WP No. 9713 of 2025 BTM LAYOUT BRANCH, NO.28/29, 18TH MAIN, 7TH CROSS, BTM II STAGE, BENGALURU-560076. …RESPONDENT (BY SRI. VIGNESH S SHETTY, ADVOCATE) THIS WP IS FILED UNDER ARTICLE 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENT BANK TO CONSIDER THE REPRESENTATION 06.03.2025 PRODUCED AT ANNX-M. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD - 3 - HC-KAR NC: 2025:KHC:37762 WP No. 9713 of 2025 ORAL ORDER The petitioner [a borrower] has defaulted in repaying the loan, and the secured creditor has successfully completed auction under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 [for short, 'SARFAESI Act']. In fact, the learned counsel for the respondent seeks disposal of the petition in the light of the afore. Mr. Rishikesh D. M, the learned counsel for the petitioner, submits that the petitioner will work out his remedy under Section 17 of the SARFAESI Act but this Court, to enable the petitioner to pursue such remedy, must call upon the respondent to furnish the details of the sale [including the value for which the property is sold] emphasising that though representations have been given in terms of Annexure - M, the respondent has not disclosed. The petitioner could avail remedy under Section 17 of the SARFAESI - 4 - HC-KAR NC: 2025:KHC:37762 WP No. 9713 of 2025 Act but for that, he must have the details. Therefore, the petition stands disposed of directing the respondent to furnish the details of the sale, including the price for which the property is brought to sale within four [4] weeks from today but observing that this disposal does not inure to the petitioner's advantage insofar as the limitation that could be prescribed in law to avail the alternative remedy. The petition stands disposed of accordingly. Sd/- (B M SHYAM PRASAD) JUDGE RB