- 1 - HC-KAR NC: 2025:KHC:36612 WP No. 27351 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO. 27351 OF 2025 (GM-RES) BETWEEN: SMT RAJANI SRINIVAS W/O L V SRINIVAS AGE ABOUT 50 YEARS R/AT NO.1/74 MUNISWAMY MUDALIAR GALLI HOSUR MAIN ROAD MADIVALA BENGALURU 560068 …PETITIONER (BY SRI. K B LOKANATH., ADVOCATE) AND: THE MANAGER GIC HOUSING FINANCE LTD Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:36612 WP No. 27351 of 2025 LEO SHOPPING COMPLEX 3RD FLOOR 44 AND 45 RESIDENCY ROAD CROSS BENGALURU 560025 …RESPONDENT THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE EVICTION NOTICE ISSUED BY THE RESPONDENT DT.29.8.2025 UNDER REF. KA0020610002959 VIDE AT ANNEXURE-B TO PETITIONER TO VACATE WITHIN 7 DAYS FROM THE DATE OF EVICTION NOTICE IN RESPECT OF PROPERTY BEARING NO.1/74, SITUATED AT MUNISWAMY MUDALIAR GALLI, HOSUR MAIN ROAD, MADIVALA, BENGALURU-560 068. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD - 3 - HC-KAR NC: 2025:KHC:36612 WP No. 27351 of 2025 ORAL ORDER The petitioner has availed certain financial assistance from the respondent and is aggrieved by the notice issued by the respondent under the provisions of the Security Interest (Enforcement) Rules, 2002. Mr. K. B. Lokanath, the learned counsel for the petitioner, submits that this Court must intervene because the respondent is arbitrary in issuing the impugned notice and there is every likelihood of precipitation. However, this Court must observe that the petitioner, even if there is any cause, must avail remedy under Section 17 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. As such, subject to all just exceptions, the petition stands disposed of. Sd/- (B M SHYAM PRASAD) JUDGE RB