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2026 DAILYLAW 22868 (KAR)

SRI B N UMESH CHANDRA v. THE DEPUTY MANAGING DIRECTOR

WP/17866/2023 · 2026-06-16

M G S Kamal

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:29405 WP No. 17866 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 16TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 17866 OF 2023 (GM-KSFC) BETWEEN: SRI B N UMESH CHANDRA S/O LATE SRINIVASGOWDA AGED ABOUT 63 YEARS PROP M/s.AKSHAYA GARDEN FAMILY RESTAURANT R/A NO. 5TH CROSS, 2ND MAIN, VIVEKANANDA ROAD, ASHOK NAGAR, MANDYA-571 401. …PETITIONER (BY SRI. SANTOSH B Y., ADVOCATE) AND: 1. THE DEPUTY MANAGING DIRECTOR KARNATAKA STATE FINANCIAL CORPORATION, HEAD OFFICE AT MILLER TANK BUND ROAD, BANGALORE-560 052. 2. THE DY/MANAGING DIRECTOR KARNATAKA STATE FINANCIAL CORPORATION, BRANCH OFFICE, SUBASH NAGAR, K R ROAD, MANDYA - 571 401. 3. THE ASSISTANT GENERAL MANAGER KARNATAKA STATE FINANCIAL CORPORATION, BRANCH OFFICE, SUBASH NAGAR, K R ROAD, MANDYA -571401. Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:29405 WP No. 17866 of 2023 4. SMT. ANURADHA JAYARAM AUCTION PURCHASER, W/O DR. PARAMESHWARA, AGED ABOUT 42 YEARS R/A NO. 1295, 2ND CROSS, NEHRU NAGAR, MANDYA- 571401 …RESPONDENTS (BY SRI. P. NATARAJU., ADVOCATE FOR R4; R1 TO R3 SERVED) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO A. QUASH THE SALE CERTIFICATE DATED 01/06/2017 IN REF NO. KARAHASAM/SHAKA/MANDYA/3100/247/2017-18 ISSUED BY R2 DECLARING THE R4 AS A SUCCESSFUL AUCTION PURCHASER, AS PER ANNEXURE-M AND 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 ORAL ORDER Heard Sri.Santosh B.Y., learned counsel for petitioner and Sri.P.Nataraju, learned counsel for respondent No.4. 2. The dispute essentially between the petitioner and respondent No.4 on the premise of respondent No.4 having entered into agreement with the petitioner, had gone and participated in the public auction, buying the property at lesser price, causing loss to the petitioner. - 3 - HC-KAR NC: 2026:KHC:29405 WP No. 17866 of 2023 3. It is alleged that the sale transaction between the respondent No.4 and respondent-financial corporation is fraudulent and collusive and entered into with intention to deceive the petitioner. 4. A case involving complex facts and allegations as noted above cannot be gone into under Article 226 of the Constitution of India. 5. Learned counsel for petitioner seeks liberty to avail remedy before competent Court of law. 6. Reserving liberty of the petitioner to avail remedy before a competent Court of civil jurisdiction, petition is disposed of. SD/- (M.G.S. KAMAL) JUDGE SBN List No.: 1 Sl No.: 55