Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:26347 WP No. 1549 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. 1549 OF 2022 (GM-RES) BETWEEN:
1.
S JAYASHEELAN S/O LATE SHANKAR AGED ABOUT 61 YEARS R/O NEW NO.1, OLD NO.21, SITUATED AT E, NO.3RD STREET ULSOOR, BANGALORE -560 008.
2. M.SATHISH S/O MONAPPA SHETTY AGED ABOUT 46 YEARS R/AT HOUSE NO.18, MASJID STREET, OLD MADRAS ROAD ULSOOR, BANGALORE-560 008.
3.
YUVARAJ S., S/O LATE SHANKAR AGED ABOUT 44 YEARS R/AT NO.27, 1ST CROSS, APPAIAH GARDEN, SARASWATHIPURAM, ULSOOR, BANGALORE-560 008. …PETITIONERS (BY SRI. R SHASHIDHARA.,ADVOCATE)
AND:
1.
THE TUMKUR VEERASHAIVA CO-OPERATIVE BANK LTD., DR.S.RADHAKRISHNA ROAD S.S.PURAM, TUMKUR-572 102.
Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:26347 WP No. 1549 of 2022
REPRESENTED BY ITS AUTHORISED OFFICER.
2.
C. SRINIVAS S/O CHINNASWAMY NAIDU AGED 66 YEARS
3.
SRI S SUDHAKAR S/O C SRINIVAS AGED ABOUT 37 YEARS BOTH ARE R/AT NO.1575, 1ST FLOOR, 7TH MAIN ROAD KENGERI UPANAGAR BANGALORE-560 060. …RESPONDENTS (BY MISS MOUNIKA .,ADVOCATE FOR SRI. K.V. LOKESH, ADVOCATE FOR R1)
THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE IMPUGNED NOTICE ISSUED BY THE R-1 DATED 05.01.2022 VIDE ANNEXURE D.
QUASH THE ORDER PASSED BY THE X ADDITIONAL CHIEF METROPOLITAN, BENGALURU, IN CRL. MIS. NO.50302 OF 2020 DATED 08.04.2021 VIDE ANNEXURE-F.
THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL
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HC-KAR NC: 2026:KHC:26347 WP No. 1549 of 2022
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. Ms. Mounika M., learned counsel appearing on behalf of Sri. K. V. Lokesh, learned counsel for the respondent-Bank submits that, the sale certificate has already been issued. As such, petition become infructuous.
4. Reserving liberty to the petitioner to avail such other 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.: 3