- 1 - HC-KAR CNR: KAHC010002212024 NC: 2026:KHC:55913 WP No. 790 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 7TH DAY OF OCTOBER, 2026 BEFORE THE HON'BLE MRS. JUSTICE K.S. HEMALEKHA WRIT PETITION NO.790 OF 2024 (GM-DRT) BETWEEN: 1. M/S. BHUVIKA WATER SUPPLY, HAVING ITS OFFICE AT NEW NO.233, OLD NO.270, 5TH CROSS, WEAVERS COLONY, GOTTIGERE, BENGALURU, PIN CODE – 560083 REP. BY ITS PROPRIETOR SRI. CHANDRASHEKAR .C. 2. SRI CHANDRASHEKAR .C S/O LATE CHIKRAPANI, AGED ABOUT 32 YEARS, 3. SMT. PUSHPALATHA W/O LATE CHIKRAPANI, AGED ABOUT 46 YEARS, BOTH RESPONDENT NOS.2 & 3 ARE R/AT NEW NO.233, OLD NO.270, 5TH CROSS, WEAVERS COLONY, GOTTIGERE, BENGALURU, PIN CODE – 560083. …PETITIONERS (BY SRI. RAJANEESH C.M., ADVOCATE (ABSENT)) AND: ANANDRATHI GLOBAL FINANCE LTD., A COMPANY INCORPORATED UNDER Digitally signed by MAHALAKSHMI B M Location: High Court of Karnataka - 2 - HC-KAR CNR: KAHC010002212024 NC: 2026:KHC:55913 WP No. 790 of 2024 INDIAN COMPANIES ACT, 1956 REGISTERED OFFICE AT EXPRESS ZONE, A-WING, 8TH FLOOR, WESTERN EXPRESS HIGHWAY, GOREGAON (EAST) MUMBAI-400063 MAHARASTRA, M. PH. NO.91 2262817002 REPRESENTED BY ITS AUTHORIZED OFFICER. …RESPONDENT (BY SRI. NANDAN KUMAR R., ADVOCATE FOR SRI. K.V. LOKESH, ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO DECLARING THAT ALL ACTIONS TAKEN BY THE RESPONDENT UNDER SECTION 13(4) OF THE ACT AS AB-INITIO VOID AND ILLEGAL; SET ASIDE THE E-AUCTION SALE NOTICE DATED 13.12.2023 (ANNEXURE-‘B’) ISSUED BY THE ANANDRATHI GLOBAL FINANCE LTD., REGISTERED OFFICE AT EXPRESS ZONE, A-WING, 8TH FLOOR, WESTERN EXPRESS HIGHWAY, GOREGAON (EAST) MUMBAI-400063, REP. BY AUTHORIZED OFFICER AND ALL FURTHER ACTIONS TAKEN IN PURSUANT THERETO AND ETC. THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MRS. JUSTICE K.S. HEMALEKHA ORAL ORDER 1. There is no representation for the petitioner. 2. The petitioners have approached this Court assailing the E- auction sale notice dated 13.12.2023 issued by the respondent and also seek declaration that the all actions taken by the respondent under Section 13(4) of the Securitisation and Reconstruction of - 3 - HC-KAR CNR: KAHC010002212024 NC: 2026:KHC:55913 WP No. 790 of 2024 Financial Assets and Enforcement of Security Interest Act, 2002 [the SARFAESI Act], as ab-initio, viod and illegal. 3. Learned counsel for the respondent submits that the loan account of the petitioner has been closed. 4. The said submission is taken on record. 5. In view of the submission, the writ petition is disposed of. Sd/- ____________________ JUSTICE K.S. HEMALEKHA AT List No.: 1 Sl No.: 17