- 1 - HC-KAR NC: 2026:KHC:14387 WP No. 6809 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 6809 OF 2026 (GM-DRT) BETWEEN: SRI. CHANDRAIAH S/O NINGAIAH AGED ABOUT 56 YEARS R/A MAVINAGUNI HEDADALU VILLAGE, KUDUVALLI POST, CHIKKAMAGALURU TALUK AND DISTRICT-577 101 …PETITIONER (BY SRI. SHRUTHI S.P., ADVOCATE) AND: KARNATAKA GRAMEENA BANK (SCHEDULE BANK OWNED BY BANK) REGIONAL OFFICE-CHIKKAMAGALURU SEQUERA TOWERS, VIJAYAPURA MAIN ROAD CHIKKAMAGALURU-577 101 (REP. ITS AUTHORISED OFFICER) …RESPONDENT (BY SRI.ROHITH R. KUMAR, ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO- QUASH THE IMPUGNED E-AUCTION NOTICE VIDE NO. KGB/RO/CKM/R AND L/SARFAESI/SN-26/2025-26 DATED 05.02.2026 ISSUED BY THE RESPONDENT (ANNEXURE-B). Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:14387 WP No. 6809 of 2026 THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER The present writ petition is filed seeking the following prayer: "PRAYER (a) Issue a writ of certiorari quashing the impugned E- action notice vide no KGB/RO/CKM/R &L/SARFAESI/ SN-26/2025-26 dated 05.02.2026 issued by the Respondent (Annexure-B); (b) Issue writ of Mandamus directing the respondent to Extend the OTS scheme as per letter dated 30.12.2025 (Annexure-A). (c) Pass such other relief/s as this Hon'ble Court deems fit & proper in the interest of justice & equity." 2. Learned counsel appearing for the petitioner submits that when the one time settlement is pending consideration, the respondent/Bank had issued E-auction notice dated 05.02.2026. 3. Learned counsel appearing for the respondent/Bank submits that they have extended the time for one time settlement till 30.03.2026 and as they have extended the time, they will not go ahead with the auction. In that view of the matter, this Court is passing the following order: - 3 - HC-KAR NC: 2026:KHC:14387 WP No. 6809 of 2026 ORDER i. Accordingly, the writ petition is disposed of directing the respondent/Bank not to take any coercive steps till 30.03.2026. ii. If the petitioner fails to pay the amount, the respondent/Bank is at liberty to proceed with the auction. iii. All I.As. in this petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE MEG List No.: 1 Sl No.: 33