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2026 DAILYLAW 21906 (KAR)

MR ISUBU BEARY v. CANARA BANK

WP/3549/2023 · 2026-06-15

M G S Kamal

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:29021 WP No. 3549 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 3549 OF 2023 (GM-RES) BETWEEN: MR ISUBU BEARY S/O AHAMAD AGED ABOUT 65 YEARS R/AT SURULIKATTE HOUSE PERABE POST AND VILLAGE KADABA TALUK-574285 …PETITIONER (BY SRI. MANJUNATHA B R., ADVOCATE) AND: CANARA BANK ALANKAR BRANCH PUTTUR -574285 REP. BY ITS AUTHORIZED OFFICER MR SARVESH …RESPONDENT (RESPONDENT SERVED) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO- QUASH ANNEXURE-A THE ORDER PASSED BY LEARNED PRL. SENIOR CIVIL JUDGE AND CJM, DAKSHINA KANNADA IN CRL.MIS.No.396/2022 DATED: 02/12/2022 UNDER THE SARFAESI ACT, 2002 AND QUASH THE NOTICE OF DEMAND NOTICE UNDER SECTION 13(2) OF SARFAESI ACT DATED 10/05/2021 AT ANNEXURE-B AND ANNEXURE-C ISSUED BY THE RESPONDENT- CANARA BANK. Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:29021 WP No. 3549 of 2023 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 ORAL ORDER This petition is filed pursuant to action 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.: 59