- 1 - HC-KAR CNR: KAHC010593752023 NC: 2026:KHC:36300 WP No. 25947 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. 25947 OF 2023 (GM-RES) BETWEEN: 1. MR. KESHA MURTHY H.T AGED ABOUT 47 YEARS NO. 4, VENUGOPAL REDDY BUILDING KAMMASANDRA ROAD HEBBAGODI, BENGALURU SOUTH BOMMASANDRA INDUSTRIAL ESTATE BENGALURU-99 2. SEETHALAXMI H.K AGED ABOUT 41 YEARS NO. 4, VENUGOPAL REDDY BUILDING KAMMASANDRA ROAD HEBBAGODI, BENGALURU SOUTH BOMMASANDRA INDUSTRIAL ESTATE BENGALURU-99 …PETITIONERS (BY SRI. RAMESHA K.R, ADVOCATE-VC) AND: INDIANBULLS HOUSING FINANCE LTD 5TH FLOOR PLOT NO.27, KG MARG CONNAUGHT PLACE NEW DELHI-110 001 BRANCH OFFICE AT NO. 116, FIRST FLOOR Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010593752023 NC: 2026:KHC:36300 WP No. 25947 of 2023 KRISHNA ARCADE BETWEEN 11TH AND 12TH CROSS MARGOSA MAIN ROAD MALLESWARAM BENGALURU-560 003 REPRESENTED BY AUTHORIZED OFFICER MRS. USHA M MANAGER LEGAL …RESPONDENT (BY SRI. FRANCIS XAVIER, ADVOCATE) THIS WRIT PETITION FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE ORDER IN CRL. MISC. NO. 1602/2022 DATED 02/03/2023 PASSED BY THE CHIEF JUDICIAL MAGISTRATE, BENGALURU RURAL DISTRICT, BENGALURU, PRODUCED AT ANNEXURE-A AND DIRECTING THE RESPONDENT TO CONSIDER THE REQUEST MADE BY THE PETITIONERS AND TENANTS FOR NOT TO DISPOSSESS FROM SCHEDULE PROPERTY AS PER ANNEXURE-A. 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 This petition is filed in the light of the proceedings initiated by the respondent under the provisions of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). - 3 - HC-KAR CNR: KAHC010593752023 NC: 2026:KHC:36300 WP No. 25947 of 2023 2. Since effective and alternate remedy is provided under the SARFAESI Act, reserving liberty to avail such remedy, if so advised, petition is disposed of. 3. Time consumed in prosecuting this petition shall be considered for the purpose of condonation of delay if steps are taken within 30 days from the date of receipt of certified copy of this order. Sd/- (M.G.S. KAMAL) JUDGE SBN List No.: 1 Sl No.: 48