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2026 DAILYLAW 10938 (KAR)

M/S HASHTAG v. M/S CANARA BANK

WP/6641/2023 · 2026-03-16

Lalitha Kanneganti

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:15447 WP No. 6641 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 16TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 6641 OF 2023 (GM-DRT) BETWEEN: M/S HASHTAG (A PROPRIETORSHIP FIRM) O/AT NO 216, GROUND FLOOR, KUNIL COMPLEX, BENDOORWELL KANAKANEDEY, MANGALURU -575 002 REPRESENTED BY ITS PROPRIETOR, MR.ABOOBAKER KAMALUDDINE ULLAL, S/O LATE S IBRAHIM, AGED ABOUT 58 YEARS …PETITIONER (BY SRI. KAVITHA D., ADVOCATE) AND: M/S CANARA BANK MANGALORE COLLECTORS GATE, SUMAN RESIDENCY BUILDING, 1st FLOOR, BENDOREWELL JUNCTION KANKANADY S.O. MANGALURU-575 002 REPPRESENTED BY ITS AUTHORIZED OFFICER/MANAGER …RESPONDENT (BY SRI.VIGNESH SHETTY, ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO SET ASIDE THE LOAN RECALL NOTICE DATED: 28/02/2023 VIDE ANNEXURE-A ISSUED BY THE RESPONDENT BANK TO THE Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:15447 WP No. 6641 of 2023 PETITIONER STATING THAT THE ENTIRE RECOVERY PROCEEDINGS INITIATED BY THE RESPONDENT BANK AGAINST THE PETITIONER ARE ILLEGAL AND IN VIOLATION OF THE SARFAESI ACT, 2002. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER A memo is filed seeking withdrawal of the writ petition with liberty to approach the appropriate forum by challenging the actions of the respondent/Bank. 2. The memo is taken on record. 3. Accordingly, the writ petition is dismissed as withdrawn with liberty to approach the appropriate forum. The petitioner shall have the benefit of Section 14 of the Limitation Act. i. All I.As. in this petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE MEG List No.: 1 Sl No.: 4