- 1 - HC-KAR NC: 2026:KHC:34638 WP No. 10822 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 8TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 10822 OF 2023 (GM-RES) BETWEEN: MR. JAGADEESH NARAYANA S/O NARAYANA AGED ABOUT 50 YEARS R/A. NO. 5, THULASI NILAYA KANAKAPURA ROAD, PIPELINE VAJARAHALLI, BANGALORE KARNATAKA - 560 062. …PETITIONER (BY SMT. RAJALAKSHMI V.S, ADVOCATE (ABSENT)) AND: 1. SIR. M VISVESVARAYA CO-OP BANK LTD., NO. 109, CORPORATE OFFICE, SHANKARPURAM, BANGALORE - 560 004 REP. BY ITS AUTHORISED OFFICER (BANKING COMPANY) 2. M/S. CHAMUNDI BUILDERS REP. BY PROPRIETOR SRI. C.R. SUNDER, NO. 53, 33RD MAIN, 16TH CROSS, J.P. NAGAR 1ST PHASE, BANGALORE - 560 078 (DEVELOPER OF SCHEDULE PROPERTY) …RESPONDENTS Digitally signed by SHARADAVANI B Location: High Court of Karnataka - 2 - HC-KAR NC: 2026:KHC:34638 WP No. 10822 of 2023 THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTIUTION OF INDIA PRAYING TO QUASH THE E- AUCTION SALE NOTICE DTD 02.05.2023 PUBLISHED IN THE NEW INDIAN EXPRESS NEWSPAPER (ANNX-A) SCHEDULING THE AUCTION SALE ON 25.05.2023 IN RESPECT OF SCHEDULE PROPERTY IN FLAT NO. 104 IN CHAMUNDI AMBERWOODS BANGLAORE (ANNX-A) WHICH IS LISTED UNDER SL NO. 3 IN ANNX-A AS ONE WITHOUT AUTHORITY OF LAW AND ILLEGAL AND ETC., THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL ORAL ORDER This petition is filed in view of the respondent initiating the proceedings under the SARFAESI act. Since it is alternative effect to remedy provided in the Act, the petitioner is at liberty to avail the same if so advised, within 30 days from the date of the receipt of certified copy of this order. If such steps are taken within the stipulated time, time consumed in this writ petition will be considered for condonation of delay. Accordingly, the writ petition is disposed of. Sd/- (M.G.S. KAMAL) JUDGE SPV/List No.: 1 Sl No.: 13