- 1 - HC-KAR CNR: KAHC010448932022 NC: 2026:KHC:50103 WP No. 17482 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 15TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM WRIT PETITION NO. 17482 OF 2022 (GM-DRT) BETWEEN: 1. M/S SRI SADGURU SAI MOTORS PARTNERSHIP FIRM HAVING ITS OFFICE AT NO.131/1 LIMRA COMPLEX, 8TH MILE T DASARAHALLI, TUMKUR MAIN ROAD BENGALURU-560057 REPRESENTED BY ITS PARNTERS 1)MR VINAY RAVINDRANATH AGED ABOUT 34 YEARS S/O RAVINDRANATH REDDY T 2) MR VIVEK RAVINDRANATH REDDY AGED ABOUT 31 YEARS S/O RAVINDRANATH REDDY T ...PETITIONER (BY SRI. KOMALA .G, ADVOCATE) AND: 1. M/S THE FEDERAL BANK LTD LOAN COLLECTION AND RECOVERY DEPARTMENT BENGALURU DIVISION NO.4, 2ND CROSS, CSI COMPOUND MISSION ROAD, BENGALURU-560027 REPRESENTED BY ITS AUTHORISED OFFICER ...RESPONDENT (BY SRI. JEEVAN KUMAR .B.S, ADVOCATE) Digitally Signed By: SACHIN SHANKAR MAGADUM Verified - 2 - HC-KAR CNR: KAHC010448932022 NC: 2026:KHC:50103 WP No. 17482 of 2022 THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE ORDER I.E.THE POSSESSION NOTICE DATED 01.08.2022 PASSED BY THE RESPONDENT IN NUMBER BGRLCRD/BGRQ/17S/2022-23 FILED AT ANNEXURE-F TO THIS WRIT PETITION; AND ETC. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM ORAL ORDER The captioned petition is filed by the defaulter questioning the action of the respondent-bank in issuing a possession notice as per Annexure-F. 2. This petition is filed on 27.08.2022. No interim order is granted. The respondent-bank, as a secured creditor, is entitled to proceed against the petitioner under the provisions of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short "SARFAESI Act"). The petitioner, who is a defaulter, cannot interdict and stall the proceedings Digitally Signed By: SACHIN SHANKAR MAGADUM Verified - 3 - HC-KAR CNR: KAHC010448932022 NC: 2026:KHC:50103 WP No. 17482 of 2022 initiated by the secured creditor in the manner known to law. Writ petition is devoid of merits. No indulgence is warranted. Accordingly, the writ petition is dismissed. (SACHIN SHANKAR MAGADUM) JUDGE ALB List No.: 1 Sl No.: 33 Digitally Signed By: SACHIN SHANKAR MAGADUM Verified