SMT MANGALA GOWRI. M v. CHOLAMANDALAM INVESTIMENT AND FINANCE COMPANY LIMITED
WP/19560/2022 · 2026-01-05
M G S Kamal
body2026
DailyLaw.ai
[ 2026 DAILYLAW 49074 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 49074 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:95 WP No. 19560 of 2022
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 5TH DAY OF JANUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 19560 OF 2022 (GM-RES) BETWEEN:
1.
SMT MANGALA GOWRI. M., W/O NANJA SHETTY AGED ABOUT 45 YEARS NO.5, HOSAKEREHALLI DATTATHREYA NAGAR BSK III STAGE BANGALORE SOUTH-560 085.
2.
SRI NANJASHETTY S/O LATE MUDDANNA AGED ABOUT 55 YEARS NO.5, HOSAKEREHALLI DATTATHREYA NAGAR BSK III STAGE BANGALORE SOUTH-560 085. …PETITIONERS (BY SRI. MADHUKAR NADIG.,ADVOCATE) AND:
CHOLAMANDALAM INVESTIMENT AND FINANCE COMPANY LIMITED HAVING ITS OFFICE AT NO.45, PRESTIGE LIBRA II FLOOR ABOVE PASSPORT OFFICE LALBAGH ROAD BANGALORE-560027 REPRESENTED BY ITS AUTHORIZED OFFICER REGISTERED UNDER COMPANIES ACT 2013 …RESPONDENT (BY SRI. FRANCIS XAVIER., FOR C/R)
THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO a) QUASHING THE PRE- POSSESSION NOTICE DATED 20.09.2022 ISSUED BY THE RESPONDENT BANK WITH RESPECT TO THE SCHEDULE PROPERTY, IN THE INTEREST OF JUSTICE AND EQUITY (ANNEXURE-C) AND ETC.
Digitally signed by SUMA B N Location:
HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:95 WP No. 19560 of 2022
THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL ORAL ORDER
Present petition is filed seeking quash of the possession notice dated 29.02.2022 issued by respondent-Bank under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act.
2. Learned counsel for the respondent files a memo dated 05.01.2026 along with No-Due certificate dated 10.04.2023 issued by respondent. Perusal of which would indicate that the petitioner has closed the loan which she had availed against the property, subject matter of this petition and the respondent- Bank has issued a letter indicating there being no dues of any nature whatsoever.
3. In that view of the matter, nothing survives for
consideration in the petition. Accordingly, petition is disposed of.
Sd/- (M.G.S. KAMAL) JUDGE
RL