M/S TAHA EDUCATIONAL AND RURAL DEVELOPMENT v. CANARA BANK
WP/24693/2024 · 2026-03-03
Lalitha Kanneganti
body2026
DailyLaw.ai
[ 2026 DAILYLAW 4751 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 4751 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:12900 WP No. 24693 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3RD DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 24693 OF 2024 (GM-DRT) BETWEEN:
M/S TAHA EDUCATIONAL AND RURAL DEVELOPMENT CHARITABLE TRUST (REGD) TAHA COMPLEX MAIN ROAD HIRIYUR CHITRADURGA DISTRICT- 577 598 REPREENTED BY ITS PRESIDENT SRI B.S.NAWAB SAB S/O LATE ABDUL SATHAR SAB AGED ABOUT 73 YEARS R/O <C= DIVISION AZAD NAGARA HIRIYUR CHITRADURGA DISTRICT -577 598 &PETITIONER (BY SRI. SIDDAPPA B.M., ADVOCATE)
Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:12900 WP No. 24693 of 2024
AND:
CANARA BANK HIRIYUR BRANCH CHITRADURGA DISTRICT- 572 143 REPRESENTED BY ITS CHIEF MANAGER &RESPONDENT (BY SRI. SHETTY VIGNESH SHIVARAM, ADVOCATE)
THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE POSSESSION NOTICE DATED: 03.08.2024 ISSUED BY THE RESPONDENT PRODUCED AS ANNEXURE-U TO THE WRIT PETITION.
THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN 8B9 GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI
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HC-KAR NC: 2026:KHC:12900 WP No. 24693 of 2024
ORAL ORDER
The present writ petition is filed on the following relief:
"Therefore, it is respectfully prayed that this Hon'ble Court may kindly be pleased to:
a) Issue writ of certiorari or any other order or direction in the nature of writ quashing the possession notice dated 03.08.2024 issued by the respondent produced as Annexure-U to the writ petition;
b) Any other appropriate writ or order or direction in the nature of writ including the cost as this Hon'ble Court deems fit in the facts and circumstances of the case."
2. When this matter came up before the Court on 14.01.2026, when this Court wanted to dismiss the petition as the same is not maintainable before this Court, submission is made that the outstanding amount as on 14.01.2026 is Rs.77,67,310/- and the petitioner is ready to pay the entire amount within a period of eight weeks and they will file an undertaking affidavit before this Court. Accordingly, the matter was directed to be listed as part heard on 19.01.2026. Then the matter came up on 30.01.2026. Again, on that day, the Court has passed an order that if the undertaking affidavit is not filed by the next date of hearing, the petition will be decided on the merits of the matter. Then again on 24.02.2026, the petitioner has sought for time and the matter was directed to be listed on
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HC-KAR NC: 2026:KHC:12900 WP No. 24693 of 2024
03.03.2026. When this matter is listed before this Court today, it is submitted that an undertaking affidavit is filed and petitioner seeks one year time to pay the amount. It is submitted that it is a minority, non profit organization and if the time is not granted, it would cause lot of hardship to the petitioner, as well as to the students who are studying in the said institution.
3.
Learned counsel appearing for the respondent submits that petitioner has repeatedly sought adjournments by offering to deposit the amount, this court from time to time adjourned the matter and one year time is not acceptable to the bank. It is submitted that the petitioner has an effective alternative remedy and on that ground, the writ petition has to be dismissed.
4. Having heard the learned counsels on either side, perused the material on record. In this case, the petitioner has questioned the possession notice. When the possession notice is issued by the respondent, the petitioner cannot come before this Court. When the proceedings are initiated under the SARFAESI Act, the person who is aggrieved with the same has to approach the Debts Recovery Tribunal (DRT). The Hon'ble
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HC-KAR NC: 2026:KHC:12900 WP No. 24693 of 2024
Apex Court has time and again deprecated the practice of the High Court interfering with the SARFAESI proceedings. If the petitioner had come up with an undertaking that he is ready to pay the amount within four weeks as stated before this Court, this Court would have accommodated the petitioner. But affidavit is filed before this Court seeking one year time, this Court cannot grant one year time for paying the amount. In that view of the matter, this Court do not find any reasons to interfere. Accordingly, this Court is passing the following:
ORDER
i. The writ petition is disposed of giving liberty to the petitioner to avail an alternative remedy, if any, in accordance with law. ii. All I.As. in this petition shall stand closed.
SD/- (LALITHA KANNEGANTI) JUDGE
PKN List No.: 1 Sl No.: 49