- 1 - HC-KAR NC: 2026:KHC:8372 WP No. 1969 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 1969 OF 2026 (GM-DRT) BETWEEN: MANJUNATH K S/O KEMPANNA, AGED ABOUT 43 YEARS, R/AT NO.32, 2ND CROSS, MAHALAKSHMIPURAM, BENGALURU-560 086, …PETITIONER (BY SRI. R SHASHIDHARA., ADVOCATE) AND: THE MANAGER NYAYAMITRA SAHAKARI BANK NIYAMITA, VAKILARA BHAVANA, 3RD ANNEXE, CITY CIVIL COURT COMPOUND, BEHIND CAUVERY BHAVAN, K.G. ROAD, BENGALURU-560 009, REGISTERED UNDER KARNATAKA CO-OPERATIVE SOCIETIES ACT. …RESPONDENT (BY SRI. PRADEEP NAIK K., ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED DEMAND NOTICE ISSUED BY RESPONDENT IN NO. Digitally signed by SUNITHA K S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:8372 WP No. 1969 of 2026 NSBN/2025-26 DATED 22/12/2025 VIDE ANNX-C TO THIS WRIT PETITION. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI ORAL ORDER The petitioner filed this writ petition challenging the impugned demand notice dated 22.12.2025 vide Annexure-C issued under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. As per Section 13(3A) the petitioner without submitting a reply to the impugned notice, filed this writ petition. 2. The petitioner to show his bonafideness has deposited ₹1,50,000/- on 02.02.2026. The writ petition filed by the petitioner is premature, and is not maintainable. In view of the same, I proceed to pass the following order: - 3 - HC-KAR NC: 2026:KHC:8372 WP No. 1969 of 2026 ORDER i. The writ petition is disposed of reserving a liberty to the petitioner to reply to a notice under Section 13(2) as per Section 13(3A) of the SARFAESI Act within 15 days from the date of receipt of certified copy of this order, and thereafter the respondent shall consider the reply, and pass the appropriate order in accordance with law. ii. Meanwhile, the respondent is directed not to take any coercive action for a period of 30 days from today. iii. Pending I.A(s), if any, shall stand disposed of. Sd/- (ASHOK S.KINAGI) JUDGE SKS CT:KHV