- 1 - HC-KAR CNR: KAHC010245752022 NC: 2026:KHC:37264 WP No. 10931 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 20TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 10931 OF 2022 (GM-RES) BETWEEN: 1. R. JEEVITH S/O SRI. M. RAVI AGED ABOUT 19 YEARS 2. R. BHOOMIKA D/O SRI. M. RAVI AND W/O K.S. LIKHITH AGED ABOUT 22 YEARS BOTH ARE RESIDING AT NO.7/1, 4TH MAIN, G.M.PALYA NEW THIPPASANDRA POST BENGALURU-560 075 …PETITIONERS (BY SRI. S.V. ANGADI, ADVOCATE) AND: MAHILA CO-OPERATIVE BANK AT NO.13 AND 14, SOUTH END ROAD SHESHADRIPURAM BENGALURU-560 020 REP. BY ITS MANAGER …RESPONDENT (BY SRI. RAMA BHAT K., ADVOCATE) Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010245752022 NC: 2026:KHC:37264 WP No. 10931 of 2022 THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE NOTICE DTD.07.05.2022 ISSUED BY THE AUTHORIZED OFFICER OF RESPONDENT BANK VIDE ANNEXURE-E AS UNCONSTITUTIONAL ULTRA VIRES AND CANNOT BE ENFORCED IN RESPECT OF THE SCHEDULE PROPERTY. 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-bank under the provisions of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). 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 - 3 - HC-KAR CNR: KAHC010245752022 NC: 2026:KHC:37264 WP No. 10931 of 2022 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.: 30