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2025 DAILYLAW 72279 (KAR)

MR SATYANARAYANA M v. SHRIRAM HOUSING FINANCE LTD

WP/19909/2022 · 2025-12-03

Umesh M Adiga

body2025

Judgment text

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- 1 - HC-KAR NC: 2025:KHC:50581 WP No. 19909 of 2022 C/W WP No. 13975 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3RD DAY OF DECEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE UMESH M ADIGA WRIT PETITION NO. 19909 OF 2022 (GM-DRT) C/W WRIT PETITION NO. 13975 OF 2022 (GM-DRT) IN WP No. 19909/2022 BETWEEN: MR. SATYANARAYANA. M, S/O. SRI. MUNIYAPPA, AGED ABOUT 50 YEARS, RESIDING AT NO.255, 2ND FLOOR, 7TH CROSS, VISHWESWARAIAH LAYOUT, K.G. HALLI, NEAR ASHOK POLYTECHNIC, BENGALURU-560 015. …PETITIONER (BY SRI. SANDHYA .U PRABHU, ADVOCATE) Digitally signed by MEGHA MOHAN Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:50581 WP No. 19909 of 2022 C/W WP No. 13975 of 2022 AND: SHRIRAM HOUSING FINANCE LTD., REGISTERED UNDER COMPANIES ACT, REPRESENTED BY ITS AUTHORIZED OFFICER, MANAGER, LEVEL-3, WOCKHARDT TOWERS, EAST WING, C-2, G-BLOCK, BANDRA KURLA COMPLEX, MUMBAI-400051. …RESPONDENT (BY SRI. LOKESH K.V. ADVOCATE) THIS WP IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE ORDER DTD 07.09.2022 PASSED BY HONBLE DEBTS RECOVERY TRIBUNAL I AT BANGALORE TO RESTORE THE APPEAL IN S.A.NO.290/2022, PRODUCED AT ANNEXURE-E AND ETC. IN WP NO. 13975/2022 BETWEEN: 1. MR. SATHYANARAYANA M., S/O. SRI. MUNIYAPPA, AGED ABOUT 50 YEARS, - 3 - HC-KAR NC: 2025:KHC:50581 WP No. 19909 of 2022 C/W WP No. 13975 of 2022 RESIDING AT NO.255, 2ND FLOOR, 7TH CROSS, VISHWESWARAIAH LAYOUT, K.G. HALLI, NEAR ASHOK POLYTECHNIC, BENGALURU-560 015. 2. SMT. GAYATHRI, W/O. SRI. SATHYANARAYANA M., AGED ABOUT 37 YEARS, RESIDING AT NO.255, 2ND FLOOR, 7TH CROSS, VISHWESWARAIAH LAYOUT, K.G. HALLI, NEAR ASHOK POLYTECHNIC, BENGALURU-560 015. ...PETITIONERS (BY SRI. SANDHYA. U PRABHU, ADVOCATE) AND: SHRIRAM HOUSING FINANCE LTD., REPRESENTED BY ITS MANAGING DIRECTOR, AUTHORIZED OFFICE, - 4 - HC-KAR NC: 2025:KHC:50581 WP No. 19909 of 2022 C/W WP No. 13975 of 2022 LEVEL 3, WOCKHARDT TOWERS, EAST WING, C-2, G-BLOCK, BANDRA KURLA COMPLEX, MUMBAI-400 051. INCORPORATION UNDER THE COMPANIES ACT, 1956. ...RESPONDENT (BY SRI. LOKESH K.V. AND LAW VIBES, ADVOCATE) THIS W.P. FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENT BANK NOT TO PROCEED FURTHER FOR RECOVERY TILL 12.8.2022 AS THE PETITIONERS ARE DISPOSING THEIR AGRICULTURAL PROPERTY MENTIONED AT ANENXURE-F IN ORDER TO COMPLY THE ORDER OF THE HONBLE TRIBUNAL IN S.A.NO.290/2022 PRODUCED AT ANNEXURE-E AND ETC. THESE PETITIONS, COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE UMESH M ADIGA - 5 - HC-KAR NC: 2025:KHC:50581 WP No. 19909 of 2022 C/W WP No. 13975 of 2022 ORAL ORDER Learned counsel for the petitioner in both the writ petitions are not present. 2. Learned counsel for the respondent has filed a memo stating that the borrowers/petitioner has paid the entire outstanding amount of the loan, thereby the petition became infructuous. 3. The said memo filed by the respondent is placed on record. 4. Since the entire amount is recovered by the bank, the question of proceedings against the secured property may not arise. 5. Accordingly, I pass the following: ORDER i. The writ petition is disposed off having become infructuous. SD/- (UMESH M ADIGA) JUDGE BN/List No.: 3 Sl No.: 2