- 1 - HC-KAR NC: 2026:KHC:3167 WP No. 1390 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 20TH DAY OF JANUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 1390 OF 2026 (GM-DRT) BETWEEN: MOHAMMED AJAZ S/O MOHAMMED ZIAUDDIN, AGED ABOUT 47 YEARS, RESIDING AT NO.31, 2ND CROSS, 4TH MAIN, MUNIVENKATAPPA LAYOUT, NAGAWARA, BANGALORE - 560045. …PETITIONER (BY SRI. NAVEED AHMED., ADV.) AND: 1. JAMMU AND KASHMIR BANK LIMITED FRAZER TOWN BRANCH, No.95, GROUND FLOOR, GOLD SIGNATURE, MOSQUE ROAD, FRAZER TOWN, BENGALURU 560005, REP. BY ITS AUTHORISED OFFICER. Digitally signed by SHILPABAI S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:3167 WP No. 1390 of 2026 2. ARIF PASHA, S/O ABDUL HAMEED, AGED ABOUT 48 YEARS, RESIDING AT NO.258, LAL SCHOOL, DEVI NAGAR, II BLOCK, MAGADI TALUK, KUDUR 561101. 3. AJMAL SHAIK, S/O A. AHMED, AGED ABOUT 47 YEARS, RESIDING AT FLAT NO.402, “A J MUNEERA ENCLAVE’, NO.59, 1ST CROSS, SIDDHARAMAPPA GARDEN, LINGARAJAPURAM, BENGALURU 560084. 4. SALMA W/O AJMAL SHAIK, AGED ABOUT 47 YEARS, RESIDING AT FLAT NO.402, “A J MUNEERA ENCLAVE”, NO.59, 1ST CROSS, SIDDHARAMAPPA GARDEN, LINGARAJAPURAM, BENGALURU 560084. - 3 - HC-KAR NC: 2026:KHC:3167 WP No. 1390 of 2026 5. M/S A J DEVELOPERS, A PARTNERSHIP FIRM HAVING REGISTERED OFFICE AT NO.401, “A J MUNEERA ENCLAVE”, NO.59, 1ST SIDDHARAMAPPA GARDEN, ST. THOMAS TOWN POST, LINGARAJAPURAM, BENGALURU - 560084, REP. BY ITS PARTNERS. …RESPONDENTS THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASHING THE FINAL ORDER DATED 09/01/2026 PASSED BY THE DEBTS RECOVERY TRIBUNAL I, KARNATAKA AT BENGALURU IN SA NO. 278/2025, AS BEING ILLEGAL AND VIOLATIVE OF PRINCIPLES OF NATURE JUSTICE AT ANNEXURE-C, AND ETC., THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 4 - HC-KAR NC: 2026:KHC:3167 WP No. 1390 of 2026 CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI ORAL ORDER Learned counsel for the petitioner filed a memo seeking leave of the Court to withdraw the writ petition with a liberty to challenge the impugned order under Section 18 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short ‘the SARFAESI Act’). 2. The memo is taken on record. 3. Accordingly, the writ petition is dismissed as withdrawn with the aforesaid liberty. 4. Meanwhile, the respondents are directed not to take any coercive steps for a period of 15 days from today. - 5 - HC-KAR NC: 2026:KHC:3167 WP No. 1390 of 2026 5. Pending applications, if any, stand disposed off accordingly. Sd/- (ASHOK S.KINAGI) JUDGE SSB