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2026 DAILYLAW 44364 (KAR)

SMT, G. PARVATHY v. SREE GURU RAGHAVENDRA SAHAKARA CO-OP BANK NIYAMITHA

WP/9913/2026 · 2026-09-30

C M Poonacha

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR CNR: KAHC010224232026 NC: 2026:KHC:54500 WP No. 9913 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 30TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE C.M. POONACHA WRIT PETITION NO. 9913 OF 2026 (GM-DRT) BETWEEN: 1. SMT, G. PARVATHY W/O LATE S.A.SRINIVASA MURTHY, AGED ABOUT 66 YEARS, 2. SRI ANAND KUMAR.B.S. S/O LATE S.A. SRINIVASA MURTHY, AGED ABOUT 42 YEARS, BOTH ARE RESIDING AT NO. 1998/2, 20TH D CROSS C BLOCK, 2ND MAIN, SAHAKARA NAGARA, BENGALURU-560 092 …PETITIONERS (BY SRI. KALLESHAPPA K S.,ADVOCATE) AND: 1. SREE GURU RAGHAVENDRA SAHAKARA CO-OP BANK NIYAMITHA, NO. 15, SUBBRAMA SETTY ROAD, NETTAKALLAPPA CIRCLE, BASAVANAGUDI BENGALURU-560 004. REPRESENTED BY ITS DY MANAGER AND AUTHORIZED OFFICER …RESPONDENT (BY SRI. MAHESHWARA PRASAD N M.,ADVOCATE FOR C/R1) - 2 - HC-KAR CNR: KAHC010224232026 NC: 2026:KHC:54500 WP No. 9913 of 2026 THIS WP IS FILED UNDER ARTICLE 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASHING ANNEXURE A DATED 12.02.2026 BEARING NO:SGRB/A2/2559/L- 077/2025-2026 ISSUED BY THE RESPONDENTS FOR TAKING THE POSSESSION AND AUCTION OF THE SCHEDULE PROPERTY. 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 The present writ petition is filed seeking for the following reliefs: "a. Issue a writ of Certiorari quashing Annexure "A" dated Bearing NO: SGRB/A2/2559/L-077/25-26 12.02.2026 issued by the Respondents for taking the possession and auction of the schedule property. b. Issue such other writ/order/direction as deemed fit, in the interest of justice." 2. The petitioners seek to impugn the action taken by the respondent pursuant to proceedings initiated under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 20021 1 Hereinafter referred to as SARFAESI Act Digitally Signed by CHEPPUDIRA MONNAPPA POONACHA - 3 - HC-KAR CNR: KAHC010224232026 NC: 2026:KHC:54500 WP No. 9913 of 2026 3. In view of petitioner having an alternative remedy under the provisions of the SARFAESI Act, the present writ petition stands disposed of. 4. This order will not preclude the petitioner from availing such other remedies as may be permissible under law. 5. Pending IAs., also stand disposed of. (C.M. POONACHA) JUDGE Vmb List No.: 2 Sl No.: 2 Digitally Signed by CHEPPUDIRA MONNAPPA POONACHA