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2026 DAILYLAW 12753 (KAR)

SRI P R MURALIDHAR v. INDIAN BANK

WP/8904/2026 · 2026-03-18

Lalitha Kanneganti

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:15962 WP No. 8904 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 18TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 8904 OF 2026 (GM-DRT) BETWEEN: SRI P.R.MURALIDHAR S/O P.M.RAGHAVENDRA AGED ABOUT 40 YEARS RESIDING AT DOOR NO. 1/22 BALAJI NAGAR, BUNGAL ROCK ROAD BASAVANAGUDI BENGALURU -560 004 …PETITIONER (BY SRI. PRANEETH G.N., ADVOCATE) AND: 1. INDIAN BANK NELLORE BRANCH NEAR GANDHI STATUE, TRUNK ROAD NELLORE -524 001 REPRESENTED BY ITS AUTHORIZED OFFICER 2. M/S SAI LAKSHMI CONSTRUCTIONS PAMULAVARIPALEM, CHINTHOPU, INDUKURPET MANDAL SPSR NELLORE DISTRICT ANDHRA PRADESH – 524 314 REPRESENTED BY ITS PARTNER Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:15962 WP No. 8904 of 2026 3. SRI. DUTTAPATI PARANDHAMA REDDY PARTNER / MORTGAGOR PAMULAVARIPALEM INDUKURPET MANDAL SPSR NELLORE DISTRICT – 524 314 4. SMT. DUTTAPATI DHARANI BHARATI PARTNER / MORTGAGOR W/O B. PARANDHAMA REDDY PAMULAVARIPALEM INDUKURPET MANDAL SPSR NELLORE DISTRICT -524 314 5. SRI DUTTAPATI SAI KRISHNA PARTNER S/O B. PARANDHAMA REDDY PAMULAVARIPALEM INDUKURPET MANDAL SPSR NELLORE DISTRICT- 524 314 6. SMT. NELLORE SAI SUMALATHA PARTNER W/O N. MALLIKARJUNA PAMULAVARIPALEM INDUKURPET MANDAL SPSR NELLORE DISTRICT -524 314 7. SRI DUTTAPATI SAI SHRAVAN KUMAR PARTNER S/O B. PARANDHAMA REDDY PAMULAVARIPALEM INDUKURPET MANDAL SPSR NELLORE DISTRICT – 524 314 8. SRI DUTTAPATI BABU REDDY GUARANTOR S/O SESHU REDDY DOOR NO. GA-2/02 WARD NO. 22 MUNIGOWDAPPA LAYOUT PRASHANTHI NAGAR - 3 - HC-KAR NC: 2026:KHC:15962 WP No. 8904 of 2026 DEVANAHALLI TOWN -562 110 9. SRI N. MALLIKARJUNA RAO GUARANTOR / MORTGAGOR B-12, PNT COLONY CENTRAL LIBRARY ROAD CHIKKADAPALLI, MUSHIRABAD HYDERABAD-500 020 …RESPONDENTS (BY SRI.K.R.PARASHURAM, ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO- QUASHING THE NOTICE OF INTENDED SALE DATED 07.02.2026 ISSUED BY R1 BANK (ANNEXURE-A). THIS PETITION, COMING ON FOR PRELIMINARY FINAL HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER The present writ petition is filed seeking the following prayer: "Wherefore the Petitioner respectfully prays that this Hon'ble Court may be pleased to: i. Issue a Writ of Certiorari quashing the Notice of Intended Sale dated 07.02.2026 issued by Respondent No.1 Bank(Annexure-A). ii. Issue a Writ of Mandamus directing the Respondent No.1 Bank to consider the petitioner's request for settlement/regularization of the loan account in accordance with law. iii. Issue any other writ or order or direction that deems fit to grant in the circumstances of the case in the interest of justice and equity." - 4 - HC-KAR NC: 2026:KHC:15962 WP No. 8904 of 2026 2. Learned counsel appearing for the respondent/Bank submits that the sale could not take place on 07.02.2026 for want of bidders. Hence, nothing survives for consideration of this petition. 3. In that view of the matter, this Court is passing the following: ORDER i. Accordingly, the writ petition is disposed of as infructuous. However, giving liberty to the petitioner to avail the appropriate remedy, in case he is aggrieved by another proceedings initiated by the Bank. ii. All pending I.As., in the writ petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE PKN List No.: 1 Sl No.: 41