- 1 - HC-KAR NC: 2026:KHC:3168 WP No. 1387 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. 1387 OF 2026 (GM-DRT) BETWEEN: SIRAJ AHMED S/O B. NAWAB JAB, AGED ABOUT 47 YEARS, RESIDING AT NO.90, CRESCENT STREET, SAINT JOHN'S CHURCH ROAD, FRAZER TOWN, BANGALORE-560045. …PETITIONER (BY SRI. NAVEED AHMED., ADV.) AND: 1. JAMMU AND KASHMIR BANK LIMITED FRAZER TOWN BRANCH, No.95, GROUND FLOOR, GOLD SIGNATURE, Digitally signed by SHILPABAI S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:3168 WP No. 1387 of 2026 MOSQUE ROAD, FRAZER TOWN, BENGALURU-560005, REP. BY ITS AUTHORISED OFFICER. 2. NAFEESA SULTANA W/O MOHAMED NIYAZUDDIN AGED ABOUT 49 YEARS, RESIDING AT FLAT NO.B-003, ANANDA BAIRAVI APARTMENT, NO.228, KACHARKANAHALLI, HBR LAYOUT BANGALORE 560084 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”, - 3 - HC-KAR NC: 2026:KHC:3168 WP No. 1387 of 2026 NO.59, 1ST CROSS, SIDDHARAMAPPA GARDEN, LINGARAJAPURAM, BENGALURU 560084. 5. M/S A J DEVELOPERS, A PARTNERSHIP FIRM HAVING REGISTERED OFFICE AT NO.401, “A J MUNEERA ENCLAVE”, NO.59, 1ST GROSS, 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 QUASH THE FINAL ORDER DTD. 09.01.2026 PASSED BY THE DEBTS RECOVERY TRIBUNAL-I, KARNATAKA AT BENGALURU IN S.A.NO. 277/2025 AS BEING ILLEGAL AND VIOLATIVE OF PRINCIPLES OF NATURAL JUSTICE AT ANNX-C, AND ETC., THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 4 - HC-KAR NC: 2026:KHC:3168 WP No. 1387 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 Accordingly, the writ petition is dismissed as withdrawn with the aforesaid liberty. 4.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:3168 WP No. 1387 of 2026 5. Pending applications, if any, stand disposed off accordingly. Sd/- (ASHOK S.KINAGI) JUDGE SSB