- 1 - HC-KAR NC: 2026:KHC:27505 WP No. 25363 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION No. 25363 OF 2023 (GM-RES) BETWEEN: SRI. THARANATH L. SALIYAN, S/O LAXMAN KANCHAN, AGED ABOUT 70 YEARS R/A DOOR No.3-68(1), VEDANTHA NILAYA, VISHNUMORRTHI TEMPLE ROAD, KULAI VILALGE AND POST, MANGALORE TALUK, D.K. REP BY HIS POWER OF ATTORNEY, MRS. RENUKA, W/O THARANATHA, AGED ABOUT 48 YEARS, R/A DOOR No.3-68(1) VEDANTHA NILAYA, VISHNUMORRTHI TEMPLE ROAD, KULAI VILLAGE AND POST, MANGALORE TALUK, D.K. …PETITIONER (BY SRI CHANDRANATH ARIGA K., ADVOCATE) AND: 1. STATE OF KARNATAKA, REPRESENTED BY ITS SECRETARY, DEPARTMENT OF REVENUE, VIDHANA SOUDHA, Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:27505 WP No. 25363 of 2023 DR. B.R. AMBEDKAR ROAD, BANGALORE 560 001. 2. THE DEPUTY COMMISSIONER AND DISTRICT MAGISTRATE S OFFICE, DAKSHIN KANNADA, MANGALORE 575 001. 3. CANARA BANK, HOIGE BAZAR BRANCH, NEAR RAILWAY GATE, HOIGE BAZAR, MANGALORE 575 001, REP. BY ITS AUTHORIZED OFFICER. 4. CANARA BANK, REGIONAL OFFICE, 1ST FLOOR, BALMATA ROAD, MANGALORE 575 001, REP. BY ITS DIVISIONAL MANAGER. …RESPONDENTS (BY SRI PRAKASH HEGDE K., ADVOCATE FOR C/R3 & R4; SRI SRINIVAS MURTHY, HCGP FOR R1 & R2;) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE ORDER DATED 21.10.2021 ISSUED BY THE R2 BEARING REF No.MAG(2)CR.870/2019/83422/C4(ANNEXURE- B). QUASH THE E-AUCTION NOTICE DATED 3.8.23 ISSUED BY THE R4 (ANNEXURE-C) AND ETC. THIS PETITION, COMING ON FOR ORDERS THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL - 3 - HC-KAR NC: 2026:KHC:27505 WP No. 25363 of 2023 ORAL ORDER Petitioner is before this Court being aggrieved by the actions initiated by the respondent-Bank under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act. 2. Since effective statutory alternative remedy is provided under the SARFAESI Act, reserving liberty to the petitioner to avail such remedy, if so advised, petition is disposed of. 3. Time consumed in prosecuting this petition shall be exempted for the purpose of limitation, if steps are initiated within a period of 15 days from the date of receipt of certified copy of this order. SD/- (M.G.S. KAMAL) JUDGE RL List No.: 1 Sl No.: 17