- 1 - HC-KAR NC: 2026:KHC:7725 WP No. 4143 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO.4143 OF 2022 (GM-RES) BETWEEN: M/S. JALSA NO.25/7, DODDANEKUNDI VILLAGE K.R. PURAM BANGALORE – 560 037. REPRESENTED BY ITS PROPRIETOR MRS.VIJAY KUMARI, W/O S.J. DORAISWAMY REDDY, AGED ABOUT 62 YEARS, NO.25, BEHIND DEVEGOWDA PETROL PUMP, CHINNAPPA NAIDU LAYOUT, BANASHANKARI III STAGE, BANGALORE – 560 085. …PETITIONER (BY SRI. SYED UMMER., ADVOCATE) (ABSENT) AND: THE AUTHORISED OFFICER, CITY UNION BANK LIMITED JAYANAGAR BRANCH, NO.126, 33RD CROSS, 11TH MAIN, 4TH BLOCK NEAR AVR SWARNAMAHAL SIGNAL, JAYANAGAR, BANGALORE -560 011. …RESPONDENT (BY SRI.C.VINAY SWAMY., ADVOCATE (VK NOT FILED)) Digitally signed by MAHALAKSHMI B M Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:7725 WP No. 4143 of 2022 THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENT TO WITHDRAW THE NOTICE ISSUED UNDER RULE 8(6) AND 9 OF RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS ACT, 1993 I.E, ANNEXURE-B ISSUED AGAINST THE PETITIONERS’ PROPERTY. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL ORAL ORDER This petition puts in question the proceedings initiated by the respondent under the provisions of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short “the SARFAESI Act”). 2. This Court by order dated 21.02.2022 passed the following order : "ORDER Issue emergent notice and Interim order as prayed for, subject to petitioner depositing with the respondent, 30% of the amount due as under: (i) 10% within three weeks; (ii) another 10% within next three weeks; and (iii) remainder i.e., 10% within three weeks next following, - 3 - HC-KAR NC: 2026:KHC:7725 WP No. 4143 of 2022 failing which, not only the interim protection shall stand rescinded but it will also have adverse reflection on merits of the main matter." 3. None appears for the petitioner and there is nothing on record to show that the aforesaid order has been complied with by the petitioner. 4. Notwithstanding the same, since there is an alternative remedy under Section 17 of the SARFAESI Act, reserving liberty to the petitioners to avail such remedy as permissible under law, writ petition is dismissed. Sd/- (M.G.S. KAMAL) JUDGE CKL List No.: 1 Sl No.: 6