- 1 - HC-KAR NC: 2025:KHC:46816 WP No. 6782 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF NOVEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH WRIT PETITION NO. 6782 OF 2023 (GM-RES) BETWEEN: SMT. BHAGYALAKSHMI W/O VENKATESH REDDY, AGED ABOUT 65 YEARS, AEVIND AVENUE KUNDALAHALLI GATE, BANGALORE EAST TALUK, BANGALORE URBAN DISTRICT …PETITIONER (BY SRI. SHAILESH KUMAR R., ADVOCATE) AND: BANK OF BARODA A BODY CORPORATE CONSTITUTED BY AND UNDER THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970, HAVING ITS HEAD OFFICE SITUATED AT BARODA BHAVAN, R C DUTT ROAD, ALKAPURI, VADODARA, GUJARATH STATE AND CORPORATE OFFICE AT MUMBAI AND INTERALIA ONE OF ITS BRANCH OFFICE AT MARATHAHALLI, BENGALURU CITY, REPRESENTED BY ITS BRANCH MANAGER …RESPONDENT (BY SRI. SHETTY VIGNESH SHIVARAM., ADVOCATE) THIS WP FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE VACATING Digitally signed by ARUNKUMAR M S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:46816 WP No. 6782 of 2023 NOTICE DATED 06.03.2023 ISSUED BY THE RESPONDENT HEREIN TO THE OCCUPANTS OF THE VILLA WHICH IS MORTGAGED AS COLLATERAL SECURITY AND CONSEQUENTLY SETTING ASIDE ALL ACTIONS INITIATED UNDER THE SECURITIZATION ACT BY THE RESPONDENT HEREIN., AND ETC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH ORAL ORDER In this writ petition, the petitioner is assailing the notice dated 06.03.2023, issued by the respondent – Bank, seeking writ of mandamus against the respondent – Bank not to proceed under the Securitisation And Reconstruction Of Financial Assets And Enforcement Of Security Interest Act, 2002 (hereinafter referred to as ‘Act’). 2. Having taken note of the submission made by the learned counsel for the parties, the petitioner is having an efficacious remedy by approaching the competent Tribunal under the Act. In that view of the matter, the writ petition is accordingly dismissed as not maintainable. - 3 - HC-KAR NC: 2025:KHC:46816 WP No. 6782 of 2023 3. Since the learned counsel appearing for the petitioner submitted that, the petitioner will approach the competent Tribunal, accordingly, no percipitative action shall be taken by the respondent – bank against the petitioner for a period of four weeks from today. SD/- (E.S.INDIRESH) JUDGE JJ List No.: 1 Sl No.: 3