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2026 DAILYLAW 15139 (KAR)

M/S VANDANA SKY WARDS v. THE AUTHORISED OFFICER

WP/8304/2026 · 2026-03-12

Lalitha Kanneganti

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:14853 WP No. 8304 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 8304 OF 2026 (GM-DRT) BETWEEN: 1. M/S VANDANA SKY WARDS REPRESENTED BY ITS MANAGING PARTNER, MR. SUDHAKAR T., S/O. BHASKAR CHOWDARY, OFFICE: SY.NO.153/2 AND 153/3, DODDA THOGUR VILLAGE, BEGURU HOBLI, BENGALURU-560 102 2. MR. SUDHAKAR T., S/O.LATE T. BASKAR CHOWDARY, AGED ABOUT 53 YEARS, RESIDING AT NO.406, VANDANA PRIMROSE, 3RD SECTOR, HSR LAYOUT, BENGALURU-560 102 …PETITIONERS (BY SRI. SARAVANAN G., ADVOCATE) AND: 1. THE AUTHORISED OFFICER KARNATAKA BANK LTD. ASSET RECOVERY MANAGEMENT BRANCH, CIN NO.185110KA1924PLC001128. REPRESENTED BY ITS ASSISTANT GENERAL MANAGER, 1ST FLOOR, FKCCI BUILDING, KEMPE GOWDA ROAD, Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:14853 WP No. 8304 of 2026 BENGALURU-560 009 2. SRI. T. KUMAR, S/O. LATE KONDAMA NAIDU, AGED BOUT 67 YEARS, NO.32, 15 CROSS, ASHOK NAGAR, 1 STAGE, BENGALURU-560 050 3. MRS. SUNEETHA T. W/O. SUDHAKAR T., AGED ABOUT 52 YEARS, RESIDING AT NO.406, VANDANA PRIMROSE, 3RD SECTOR, HSR LAYOUT, BENGALURU-560 102 4. MRS. PREMALA T., W/O. MR. KUMAR T. AGED ABOUT 61 YEARS, NO.32, 15 CROSS, ASHOK NAGAR, 1 STAGE, BENGALURU-560 050 5. M/S. BHAVANA T., D/O. MR. KUMAR T., AGED ABOUT 27 YEARS, RESIDING AT NO.406, VANDANA PRIMROSE, 3RD SECTOR, HSR LAYOUT, BENGALURU-560 102 6. MRS. RAJITHA T. W/O.T. THULASI BABU, AGED ABOUT 38 YEARS, NO.32, 15 CROSS, ASHOK NAGAR, 1 STAGE, BENGALURU-560 050 7. MRS. MAMATHA T. W/O.MR. KUMAR RAJA, - 3 - HC-KAR NC: 2026:KHC:14853 WP No. 8304 of 2026 AGED ABOUT 35 YEARS, RESIDING AT NO.116/2, SVM PARADISE, FLAT NO.2E, NAGAPPA REDDY LAYOUT, 9TH CROSS, B NARAYANAPURA EXTENSION, BENGALURU-560 016 8. MRS. ARUNA S. W/O.MR. SATHISH KUMAR M., AGED ABOUT 40 YEARS, NO.90, VINAYAKA NILAYA, SBM CROSS ROAD, UTTARAHALLI MAIN ROAD, BENGALURU-560 061. …RESPONDENTS (BY SRI.K.V.SHYAMA PRASADA, ADVOCATE FOR C/R1) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASHING THE IMPUGNED SALE NOTICE DATED: 16.02.2026 IN RESPECT OF THE SCHEDULE A, B, C, D, E, F, G, H, T, AND IMMOVABLE PROPERTIES I.E., VIDE-ANNEXURE-F, ISSUED BY THE RESPONDENT BANK U/R.8 (6)/RULE 9 (1) OF THE SECURITY INTEREST (ENFORCEMENT RULES) 2002 UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 IS EXCESSIVE, ARBITRARY, ILLEGAL, AND UNSUSTAINABLE, AND SET ASIDE BY ISSUING THE WRIT IN THE NATURE OF CERTIORARI. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI - 4 - HC-KAR NC: 2026:KHC:14853 WP No. 8304 of 2026 ORAL ORDER The present writ petition is filed seeking following prayer: "WHEREFORE, the above-named petitioner most respectfully prays for the following reliefs:- a. issue a writ of Certiorari by quashing the impugned sale notice dated 16.02.2026 in respect of the schedule A,B,C,D,E,F,G,H,I & J immovable properties i.e., vide-Annexure-F, issued by the respondent Bank u/r.8 (6)/Rule 9(1) of the Security Interest (Enforcement Rules) 2002 under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security interest act, 2002 is excessive, Arbitrary, illegal and unsustainable, and set aside by issuing the writ in the nature of Certiorari. b. issue any writ/order/directions which are deemed to be fit to grant under the facts and circumstances of the above case, including the cost of this writ petition in the interest of justice and equity. 2. In the light of the order passed by the Co-ordinate Bench of this Court in W.P.No.11869/2017 C/w W.P.No.27352/2016 between Sri.Gowtham Vs. Karnataka Bank Limited, the present writ petition is not maintainable against the respondent/Karnataka Bank Ltd. 3. In that view of the matter, this Court is passing the following: - 5 - HC-KAR NC: 2026:KHC:14853 WP No. 8304 of 2026 ORDER i. Accordingly, the writ petition is disposed of giving liberty to the petitioner to avail the appropriate remedy. ii. All pending I.As., in the writ petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE PKN List No.: 1 Sl No.: 41