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2026 DAILYLAW 21988 (KAR)

SMT PRIYA S R v. CANARA BANK

WP/1976/2023 · 2026-06-12

M G S Kamal

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:28510 WP No. 1976 of 2023 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. 1976 OF 2023 (GM-RES) BETWEEN: SMT. PRIYA S.R. W/O JOSEPH AGED ABOUT 42 YEARS SNEHA FOOD PRODUCTS HOUSE NO.25-3, GANDHI NAGARA UJIRE VILLAGE, BELTHANGADY TALUK D.K. DISTRICT - 574 240 …PETITIONER (BY SRI. PURUSHOTHAM V., ADVOCATE) AND: 1. CANARA BANK A STATUTORY BODY HAVING IS BRANCH UJIRE VILLAGE BELTHANGADY TALUK DK DISTRICT - 574 240 2. THE AUTHORIZED OFFICER UNDER SECURITIZATION AND RE CONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 CANARA BANK AT REGIONAL OFFICE PUTTUR DK DISTRICT - 574 240 …RESPONDENTS (BY SRI. T.P. MUTHANNA, ADVOCATE FOR R2 R1 - SERVED) Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:28510 WP No. 1976 of 2023 THIS WP IS FILED UNDER ARTICLE 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE SALE NOTICE DATED 28/12/2022 ISSUED BY R-2 PRODUCED AT ANNEXURE-A. DIRECTING THE DFR-2 TO CONSIDER THE REPRESENTATION OF THE PETITIONER PRODUCED AT ANNEXURE-G AND GRANT ONE YEAR TIME TO THE PETITIONER TO CLEAR HER LOAN TO THE RESPONDENTS. 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 1. This petition, in response to the proceedings initiated by the respondent No.1-Bank under the Provisions of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with provision to Rule 8(6) of the Security Interest (Enforcement) Rules, 2002. 2. Since there is an alternative statutory remedy provided. Reserving liberty to the petitioner to avail such remedy as may be permissible, petition is dismissed. - 3 - HC-KAR NC: 2026:KHC:28510 WP No. 1976 of 2023 Time consumed in this petition may be exempted, if such steps are taken within 30 days from the date of receipt of certified copy of this order. Sd/- (M.G.S. KAMAL) JUDGE PSJ List No.: 1 Sl No.: 14