Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2025:KHC:35910 WP No. 8499 of 2025
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO. 8499 OF 2025 (GM-RES)
BETWEEN:
SRI SHASHI KUMAR K S/O.M.KRISHNAPPA, AGED ABOUT 45 YEARS, RESIDING AT NO.1710, 14TH CROSS, CHIKKEGOWDARA ROAD, MANGALAVARAPETE, WARD NO.2, CHANNAPATNA, RAMANAGARA DISTRICT PIN-571 501.
…PETITIONER
(BY SRI. B V BADRINATH.,ADVOCATE)
Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2025:KHC:35910 WP No. 8499 of 2025
AND:
THE MANAGER THE BENGALURU DISTRICT CENTRAL CO-OPERATIVE BANK LTD., NO.6, LAXMISADANA, 5TH MAIN ROAD, CHAMARAJPET, BENGALURU PIN-560 018.
…RESPONDENT
(BY SRI.K V LOKESH., ADVOCATE FOR C/R1)
THIS WP IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASHING ANNX-C NOTICE NO. BDCCB/HO./LEGAL/413/2024-25 DATED
5.02.2025.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
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HC-KAR NC: 2025:KHC:35910 WP No. 8499 of 2025
CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD
ORAL ORDER
The petitioner [the borrower] is aggrieved by the Notice dated 05.02.2025 [Annexure-C] issued by the respondent under Section 13[8] of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 [for short, 'the SARFAESI Act']. It is seen from Annexure-C that the respondent, referring to the different earlier proceedings under the SARFAESI Act, has called upon the petitioner to deposit Rs.38,32,548/- as sum due as of 16.10.2024.
This notice would be a precursor to the possible sale and with the lapse of time from the date of this notice, there could be further proceedings, the details of which are not furnished. As such, this Court does not find any reason to interfere under Article 226 of the Constitution of India and the petition stands
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HC-KAR NC: 2025:KHC:35910 WP No. 8499 of 2025
disposed of but without prejudice to the petitioner to avail statutory remedy available in law.
SD/- (B M SHYAM PRASAD) JUDGE
AN/-