- 1 - HC-KAR NC: 2026:KHC:28694 WP No. 15846 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 15846 OF 2022 (GM-RES) BETWEEN: 1. SRI CHANDRU S/O GOPALA NAYAKA AGED ABOUT 43 YEARS 2. SMT.RADHA S. W/O CHANDRU AGED ABOUT 39 YEARS BOTH ARE R/AT NO.56, NEW STREET GUNDLUPET TALUK, TERAKAMBI TIRUKANABMI CHAMARAJANAGARA - 571 123. …PETITIONERS (BY SRI. NAGARAJAPPA A., ADVOCATE) AND: 1. GRUH FINANCE LIMITED NO.138/A, 1ST FLOOR RAMAVILASA ROAD MYSORE - 570024 MYSORE DISTRICT REP. BY ITS MANAGING DIRECTOR (REGISTERED UNDER COMPANIES ACT, 1965) Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:28694 WP No. 15846 of 2022 2. BANDHAN BANK LIMITED GRUH CENTRE NO 138/A, 1ST FLOOR RAMAVILASA ROAD MYSORE 570024 MYSORE DISTRICT REP. BY ITS MANAGER. 3. BANDHAN BANK LIMITED REGIONAL OFFICE, NETAJI MARG NEAR MITHAKHALI SIX ROADS ELLISBRIDGE, AHMEDABAD-380006 REP. BY ITS MANAGER …RESPONDENTS (BY SRI. B S MAHENDRA, ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE NOTICE DATED 07.12.2021 IN NO.REF.BB/21/22:913/833 IN LOAN ACCOUNT NO.913/833 AND 913/854 ISSUED BY THE R2 MARKED AT ANNEXURE-F AND REQUEST LETTER DATED 15.07.2022 ISSUED BY THE 2ND RESPONDENT MARKED AT ANNEXURE-J ETC. THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL - 3 - HC-KAR NC: 2026:KHC:28694 WP No. 15846 of 2022 ORAL ORDER This petition is filed in the light of the proceedings initiated by the respondent-bank under the provisions of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). 2. Since effective and alternate remedy is provided under the SARFAESI Act, reserving liberty to avail such remedy, if so advised, petition is disposed of. 3. Time consumed in prosecuting this petition shall be considered for the purpose of condonation of delay if steps are taken within 30 days from the date of receipt of certified copy of this order. Sd/- (M.G.S. KAMAL) JUDGE SBN List No.: 1 Sl No.: 44