- 1 - HC-KAR NC: 2026:KHC:26435 WP No. 56367 of 2017 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. 56367 OF 2017 (GM-RES) BETWEEN: MR E JACOB S/O VIJAYARATHINAM ETHAKOTI AGED ABOUT 58 YEARS NO.3200, 7TH MAIN HAL 2ND STAGE, INDIRANAGAR BENGALURU - 560 038 …PETITIONER (BY SRI. G. SUKUMARN, ADVOCATE) AND: GUARDIAN SOUHARDA SAHAKARI BANK NIYAMITA NO.139, INFANTRY ROAD, BENGALURU - 560 001 REPRESENTED BY ITS CHIEF EXECUTIVE OFFICER …RESPONDENT (BY SRI. SAILESH S.K., ADVOCATE) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENT BANK TO FORTHWITH RESTORE THE POSSESSION OF MOVEABLES LOCATED IN THE SCHEDULE PROPERTY, WHICH MOVEABLES WERE ILLEGALLY TAKEN POSSESSION OF ON 12.4.2017 AS PER THE LIST OF MOVEABLES VIDE ANNEXURE-J, K,L AND M AND ALSO OF THE OTHER MOVEABLES IN THE SCHEDULE PREMISES. Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:26435 WP No. 56367 of 2017 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 Heard learned counsel for the petitioner and learned counsel for the respondents. 2. Petitioner being a borrower principally aggrieved in the light of steps being taken by the respondent - bank to recover the money under the Provisional SARFAESI Act. Since alternative statutory remedy provided, learned counsel for the petitioner submits liberty be reserved for the petitioner to pursue the remedy so provided. 3. Submission is placed on record. 4. The petition is disposed of, reserving liberty for the petitioner to pursue such statutory remedy in accordance with law. 5. The time consumed in prosecuting this petition be considered for condoning the delay. SD/- (M.G.S. KAMAL) JUDGE RCK, List No.: 1 Sl No.: 13