SRI VINAYAKA SOCIAL CULTURAL EDUCATIONAL AND CHARITABLE TRUST v. THE AUTHORISED OFFICER
WP/4558/2022 · 2026-06-04
M G S Kamal
body2026
DailyLaw.ai
[ 2026 DAILYLAW 18799 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 18799 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:26348 WP No. 4558 of 2022
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 4558 OF 2022 (GM-RES) BETWEEN:
1.
SRI VINAYAKA SOCIAL CULTURAL EDUCATIONAL AND CHARITABLE TRUST SY.NO.18/2 MEL KRISHNAPURAM VILLAGE, OORGAUMPET POST, KGF-563 122 REPRESENTED BY SHRI P.A.SARAVANA VEL PRESIDENT SMT.S.SHANTHI SECRETARY/PRINCIPLE KUM.S.DIVYASHREE TREASURER.
2.
SHRI SARAVANAVEL P.A. (TREASURER) SY.NO.18/2, MEL KRISHNAPURAM VILLAGE, OORGAUMPET POST, KGF-563 122.
3. SMT.S.SHANTHI/PRINCIPLE SY.NO.18/2 MEL KRISHNAPUAM VILLAGE, OORGAUMPET POST, KGF-563 122.
4. SUM.DIVYASHREE SY.NO.18/2 MEL KRISHNAPURAM VILLAGE, OORGAUMPET POST, KGF-563 122. …PETITIONERS
(BY SMT. KANCHAN SRINIVASAN CHETTY.,ADVOCATE)
AND:
THE AUTHORISED OFFICER SIR M.VISVESHVARAYA CO-OPERATIVE BANK LTD., 109 CORPORATE OFFICE, SHANKARMUTT ROAD,
Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:26348 WP No. 4558 of 2022
SHANKARAPURAM, BANGLAORE-560 004. …RESPONDENT
(BY SRI. LOKESH K V AND LAW VIBES.,ADVOCATE)
THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE SALE NOTICE DATED.19.01.2022 AND FIXED THE AUCTION ON 25.2.2022 UNDER ANNEXURE-A.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL
ORAL ORDER
None appears for the petitioners.
2. Issue raised in this petition is with regard to the steps initiated by the respondent-Bank under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act.
3. Since alternate and effective remedy is provided under the SARFAESI Act, reserving liberty to the petitioner to avail such remedy as may be available under law, petition is dismissed as having become infructuous. Sd/- (M.G.S. KAMAL) JUDGE RL List No.: 1 Sl No.: 6