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2026 DAILYLAW 22785 (KAR)

ALLAHABAD BANK v. M/S C G ELECTRONICS

WP/15044/2017 · 2026-06-19

M G S Kamal

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:30437 WP No. 15044 of 2017 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 15044 OF 2017 (GM-RES) BETWEEN: ALLAHABAD BANK A BODY CORPORATE CONSTITUTED UNDER THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970 HAVING ITS HEAD OFFICE AT 2, NETAJI SUBHAS ROAD, KOLKATA-700001 AND ONE OF ITS BRANCH OFFICES AT BASAVANAGUDI, NO.121, RATHNAMURTHY COMPLEX DR.D.V.G.ROAD, BANGALORE-560004 REPRESENTED BY ITS CHIEF MANAGER AND AUTHORIZED OFFICER. …PETITIONER (BY SRI. H.R.KATTI, ADVOCATE) AND: 1. M/S C.G.ELECTRONICS PLOT NO.V3, NGEF INDUSTRIAL ESTATE, WHITE FIELD ROAD, MAHADEVAPURA POST, BANGALORE-560048 REPRESENTED BY ITS PROPRIETOR SH. H.E. GRISHPPA 2. M/S C.G. ALUMINIUM ALLOY PLOT NO.V3, NGEF INDUSTRIAL ESTATE, WHITE FIELD ROAD, Digitally signed by SHARADAVANI B Location: High Court of Karnataka - 2 - HC-KAR NC: 2026:KHC:30437 WP No. 15044 of 2017 MAHADEVAPURA POST, BANGALORE-560048 REPRESENTED BY ITS PROPRIETOR SH. H.E.GRISHPPA ALSO AT FACTORY NO.12-C, SY.NO.29/2 & 199 SOMANAHALLI INDUSTRIAL AREA KASABA HOBLI, MADDUR TALUK MANDYA DISTRICT-571429. 3. SH. H.E.GRISHAPPA AGED MAJOR NO.705, 5TH CROSS 1ST BLOCK HBR LAYOUT, BANGALORE-560093 ALSO AT SH. H.E.GRISHAPPA FLAT NO.5 SAHITHIS DAISY APARTMENT, 1ST MAIN, 7TH CROSS NARMADA COLONY, VIJAYA BANK LAYOUT, DODDA BANASWADI, BANGALORE - 560043. 4. SMT. M. CHRISTINE W/O SH. H.E.GRISHAPPA AGED MAJOR, NO.705, 5TH CROSS 1ST BLOCK HBR LAYOUT, BANGALORE-560093 ALSO AT SMT. M. CHRISTINE W/O SH. H.E.GRISHAPPA FLAT NO.5 SAHITHIS DAISY APARTMENT, 1ST MAIN, 7TH CROSS, NARMADA COLONY, VIJAYA BANK LAYOUT, DODDA BANASWADI, BANGALORE-560043. …RESPONDENTS (BY SRI.M.A.RAJENDRA, ADVOCATE FOR R-1 TO R-4) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO ISSUE A WRIT OF CERTIORARI TO SET ASIDE THE ORDER DATED 28.01.2017 PASSED BY XLIII ADDITIONAL C.M.M. MAYO HALL UNIT, BENGALURU IN CRIMINAL MISC NO.50014/2015 AT ANNEXURE-M, THEREBY TO ALLOW THE CRIMINAL MISC CASE FILED BY THE PETITIONER HEREIN AND ETC. - 3 - HC-KAR NC: 2026:KHC:30437 WP No. 15044 of 2017 THIS PETITION, COMING ON FOR PRELIMINARY HEARING '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 by the petitioner being aggrieved by the steps initiated by the respondent in terms of the provisions of SARFAESI Act, 2002. 2. Since effective alternate statutory remedy is provided, reserving liberty to the petitioner to avail such remedy, if so advised, within 30 days from the date of receipt of certificate copy of this order, petition is disposed of. The time consumed in prosecuting this matter may be taken into consideration for the purpose of condoning the delay, if steps taken within the time stipulated hereinabove. Sd/- (M.G.S. KAMAL) JUDGE GPG List No.: 1 Sl No.: 38