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2026 DAILYLAW 28104 (KAR)

MR MANJUNATHA N R v. M/S THE NATIONAL CO OPERATIVE BANK LTD

WP/27351/2023 · 2026-07-15

M G S Kamal

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:35967 WP No. 27351 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 27351 OF 2023 (GM-RES) BETWEEN: 1. MR MANJUNATHA N R S/O LATE KRISHNAPPA NAIDU AGED ABOUT 48 YEARS, NO.485/A, 4TH A CROSS, 1ST MAIN, VIDYAPEETA LAYOUT, THYAGARAJANAGAR, BENGALURU 560 028 …PETITIONER (BY SRI. KAVITHA D.,ADVOCATE) AND: 1. M/S THE NATIONAL CO OPERATIVE BANK LTD (REGISTERED UNDER CO OPERATIVE SOCIETIES ACT 1959 ON 14-04-1975), ADMINISTRATIVE OFFICE NO.73/1, GANDHI BAZAAR MAIN ROAD, BENGALURU 560004. IFSC CODE.SRCB0NCB002, REP BY ITS AUTHORIZED OFFICER …RESPONDENT THIS WP IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO SET-ASIDE THE SALE NOTICE DATED 22.11.2023 VIDE ANNEXURE-D PUBLISHED BY THE RESPONDENT BANK IN THE NEW INDIAN EXPRESS Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:35967 WP No. 27351 of 2023 NEWSPAPER ON 24.11.2023 AND STATING THAT THE ENTIRE RECOVERY PROCEEDINGS INITIATED BY THE RESPONDENT BANK AGAINST THE SCHEDULE PROPERTY ARE ILLEGAL AND IN VIOLATION OF THE SARFAESI ACT, 2002 AND ETC., 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 This petition is filed in view of the respondent initiating the proceedings under the SARFAESI Act. Since an alternate effective remedy provided under the Act, the petitioner is at liberty to avail the same V 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.: 4