SRI H L NARENDRA BABU v. FEDBANK FINANCIAL SERVICES LIMITED
WP/23217/2022 · 2026-06-03
Jyoti M
body2026
DailyLaw.ai
[ 2026 DAILYLAW 18915 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 18915 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:25978 WP No. 23217 of 2022
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3RD DAY OF JUNE, 2026 BEFORE THE HON'BLE MS. JUSTICE JYOTI M WRIT PETITION NO. 23217 OF 2022 (GM-DRT) BETWEEN:
SRI. H.L.NARENDRA BABU, S/O. SRI. H.LAKSHMI NARASAPPA, AGED ABOUT 46 YEARS, R/AT FLAT NO.309, BSR KOORLA RESIDENCY, KOGILU VILLAGE, YELAHANKA HOBLI, BENGALURU NORTH, BENGALURU-560064. …PETITIONER (BY SRI. NAGENDRA KUMAR K., ADVOCATE)
AND:
FEDBANK FINANCIAL SERVICES LIMITED, CIN NO.U65910KL19959PLC008910, CORPORATE OFFICE AT KANAKIA WALL STREET, A-WING, 5TH FLOOR, UNIT NO.511 AND 512 ANDHERI KURLA ROAD, CHAKAFA, ANDHERI (EAST), MUMBAI-400093.
REPRESENTED BY ITS AUTHORIZED OFFICER SENIOR MANAGER
AND ALSO REG BRANCH OFFICE FEDBANK FINANCIAL SERVICES LIMITED, FEDERAL TOWERS, AUVA, ERNAKULAM, KERALA-683101.
REPRESENTED BY ITS AUTHORIZED OFFICER SENIOR MANGER …RESPONDENT (BY SRI. FRANCIS XAVIER, ADVOCATE)
Digitally signed by GEETHA P G Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:25978 WP No. 23217 of 2022
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, SEEKING CERTAIN RELIEFS.
THIS WRIT PETITION IS LISTED FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, AN ORDER IS MADE AS UNDER:
ORAL ORDER Sri.Nagendra Kumar, counsel for the petitioner and Sri.Francis Xavier, counsel for the respondent appeared in person.
2. The writ petition is filed seeking following reliefs: (i) Issue Writ of Certiorari or any appropriate
order by quashing the impugned Possession Notice dated 24.07.2020, issued against the schedule property of the petitioner in Sl.No.20 is concerned, passed by the respondent bank, as per Annexure G, in the interest of justice and equity.
(ii) Issue Writ of Mandamus or any appropriate
order by directing the respondent bank to exclude the schedule property of the petitioner in the possession notice dated 24.07.2020 as
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HC-KAR NC: 2026:KHC:25978 WP No. 23217 of 2022
per Annexure-G and direct to stop further proceedings in-pursuance of the notice, in the interest of justice and equity.
(iii) Issue Writ of Mandamus or any appropriate
order by directing the respondent bank to sell the 9 flats worth of Rs.7 Crores which was already been in physical possession in the past 8 months with the respondent bank to recover the outstanding dues amount of Rs.4.58 Crores, in the interest of justice and equity.
(iv) Issue Writ of Mandamus or any appropriate
order by directing the respondent bank to pay cost to the petitioner, in the interst of justice and equity.
(v) Grant such other and further reliefs as this Hon'ble Court deems fit and necessary to be grant under circumstances of the above writ petition, in the interest of justice and equity.
3. Counsel for the respective parties urged several
contentions. Heard the arguments and perused the papers with care.
4. Suffice it to note that the first respondent had filed petition under Section 14 of the SARFAESI Act in
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HC-KAR NC: 2026:KHC:25978 WP No. 23217 of 2022
Crl.Misc.No.5821/2020 and the Court vide
order dated:16.03.2021 had allowed the petition. There is an alternate remedy of filing an appeal before the DRT as against the order passed under Section 14 of the SARFAESI Act. The petitioner's grievance is about the issuance of the possession notice. The relief sought by the petitioner cannot be granted under writ jurisdiction. The Apex Court has settled the law in a catena of decisions that a possession notice cannot be challenged by filing a writ petition. The petition is devoid of merits. Accordingly, the writ petition is dismissed.
Sd/- (JYOTI M) JUDGE
SS List No.: 1 Sl No.: 32