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2026 DAILYLAW 11605 (KAR)

K G UMESH v. THE AUTHORIZED OFFICER

WP/8946/2023 · 2026-04-21

Lalitha Kanneganti

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:21682 WP No. 8946 of 2023 C/W WP No. 4587 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21ST DAY OF APRIL, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 8946 OF 2023 (GM-DRT) C/W WRIT PETITION NO. 4587 OF 2024 (GM-DRT) IN WP No. 8946/2023 BETWEEN: K.G.UMESH S/O (LATE) GANGAIAH AGED ABOUT 47 YEARS RESIDING AT NO.5G ARADHANA, 10TH 'B' CROSS SANJEEVAPPA LAYOUT NAGAVARAPALYA BANGALORE -560 093 …PETITIONER (BY SRI. V.B.RAVISHANKER, ADVOCATE) AND: THE AUTHORIZED OFFICER VEERASHAIVA SAHAKARI BANK LTD., ADMINISTRATIVE OFFICE NO.1732/32, MC ROAD, MC LAYOUT, VIJAYANAGARA BANGALORE -560 040 REPRESENTED BY ITS AUTHORISED OFFICER GANGANNA …RESPONDENT (BY SRI. B PRASANNA KUMAR, ADVOCATE) THIS WP IS FILED UNDER ARTICLE 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH ALL MEASURES Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:21682 WP No. 8946 of 2023 C/W WP No. 4587 of 2024 INITIATED UNDER THE PROVISIONS OF SEC.13 OF THE SECURITIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002. IN WP NO. 4587/2024 BETWEEN: K.G.UMESH S/O (LATE) GANGAIAH, AGED ABOUT 47 YEARS, RESIDING AT NO. 5G AARADHANA, 10TH B CROSS, SANJEEVAPPA LAYOUT, NAGAVARAPALYA, BANGALORE-560 093 ...PETITIONER (BY SRI. V.B.RAVISHANKER, ADVOCATE) AND: THE AUTHORIZED OFFICER VEERASHAIVASHAKARAI BANK LTD ADMINISTRATIVE OFFICE NO. 1732/32 MC ROAD,MC LAYOUT, VIJAYANAGARA BANGALORE-560040 REPRESENTED BY ITS AUTHORISED OFFICER, GANGANNA ...RESPONDENT (BY SRI.B.PRASANNA KUMAR, ADVOCATE) THIS WP IS FILED UNDER ARTICLE 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH ALL MEASURES INITIATED UNDER THE PROVISIONS OF SEC. 13 OF THE SECURITIZATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002. - 3 - HC-KAR NC: 2026:KHC:21682 WP No. 8946 of 2023 C/W WP No. 4587 of 2024 THESE PETITIONS, COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER Learned counsel appearing for the petitioner submits that petitioner has paid the entire loan amount and the loan is closed. Learned counsel for the respondent/Bank on instruction submits that the loan account is closed. In that view of the matter, this Court is passing the following: ORDER i. Accordingly, both the writ petitions are disposed of. ii. The respondent shall return back the original documents within a period of four weeks from the date of receipt of copy of this order. iii. All pending I.As., in the writ petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE PKN/List No.: 1 Sl No.: 47