- 1 - HC-KAR CNR: KAHC010410232026 NC: 2026:KHC:49971 WP No. 18721 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE C.M. POONACHA WRIT PETITION NO. 18721 OF 2026 (GM-DRT) BETWEEN: SRI NITIN GUPTA S/O CHANDRA PRAKASH GUPTA AGED ABOUT 41 YEARS R/AT NO.JJ-103, CONCORDE MANATTAN NEELADRI ROAD ELECTRONIC CITY PHASE 1 BENGALURU - 560 100 …PETITIONER (BY SRI. RICAB CHAND K., ADVOCATE) AND: 1. STATE BANK OF INDIA STREESSED ASSESTS RECOVERY BRNACH 11/90 3RD FLOOR J C ROAD BENGALURU - 560 002 2. M/S. I.T. ESTATES NO.2 DEVASANDRA OFF BEL ROAD BANGALORE - 560 094 REPRESENTED BY ITS PROPRIETOR SRI N D RAVI PROPRIETORSHIP CONCERNED - 2 - HC-KAR CNR: KAHC010410232026 NC: 2026:KHC:49971 WP No. 18721 of 2026 3. SRI N.D. RAVI S/O SRI DORAIASWAMY RAJU NO.2 DEVASANDRA OFF BEL ROAD BANGALORE - 560 094 4. SRI K P VISHWANATHA S/O SRI K S PARTHASARATHY R/AT 27 5TH CROSS 7TH MAIN 2ND BLOCK JAYANAGARA BANGALORE - 560 011 5. SRI K P HARINATHA S/O SRI K S PARTHASARATHY R/AT NO.27 5TH CROSS 7TH MAIN 2ND BLOCK JAYANAGARA BANGALORE - 560 011 6. SRI L K MANI S/O. SRI L KRISHNAIAH SHETTY SRITA NO.1414 23RD MAIN ROAD BANASHANAKARI SECOND STAGE BANGALORE - 560 070 7. SRI P DEVENDER REDDY S/O SRI P AMRUTHA REDDY NO.1-9-912/1 POSTAL COLONY HANUMAKONDA WARANGAL DISTRICT TELANGANA - 506 001 …RESPONDENTS - 3 - HC-KAR CNR: KAHC010410232026 NC: 2026:KHC:49971 WP No. 18721 of 2026 THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO-QUASHING THE IMPUGNED FINAL ORDER DATED 27.03.2026 PASSED BY THE DEBTS RECOVERY TRIBUNAL-II, BENGALURU, IN O.A. NO. 1474/2020 (ANNEXURE -A), INSOFAR AS IT FASTENS JOINT, SEVERAL, AND PERSONAL LIABILITY UPON THE PETITIONER. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE C.M. POONACHA ORAL ORDER In view of the fact that the petitioner is seeking to assail the final order dated 27.03.2026 passed in O.A. No. 1474/2020 (Annexure-A to the writ petition) by the Debts Recovery Tribunal-II, Bengaluru, having regard to the fact that the petitioner has an alternative efficacious remedy of an appeal as contemplated under Section 30 of the Recovery of Debts and Bankruptcy Act, 1993, the present petition is disposed of, reserving liberty to the petitioner to avail the remedy as noticed above. Digitally Signed by CHEPPUDIRA MONNAPPA POONACHA - 4 - HC-KAR CNR: KAHC010410232026 NC: 2026:KHC:49971 WP No. 18721 of 2026 2. The petitioner shall be entitled to seek exclusion of the time spent in pursuing the present writ proceedings for the purpose of computing the limitation period for filing the appeal. 3. All contentions on the merits of the matter are kept open. 4. The certified copies be returned to the petitioner, subject to the same being replaced with photocopies. (C.M. POONACHA) JUDGE TMP List No.: 1 Sl No.: 3 Digitally Signed by CHEPPUDIRA MONNAPPA POONACHA