M/S MARUTHI SLAB AND TILES v. THE KARURU VYSYA BANK LTD.,
WP/4834/2026 · 2026-04-16
Lalitha Kanneganti
body2026
DailyLaw.ai
[ 2026 DAILYLAW 4947 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 4947 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:20896 WP No. 4834 of 2026 C/W WP No. 15254 of 2025 WP No. 26859 of 2025
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 16TH DAY OF APRIL, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 4834 OF 2026 (GM-DRT) C/W WRIT PETITION NO. 15254 OF 2025 (GM-DRT) WRIT PETITION NO. 26859 OF 2025 (GM-DRT)
IN WP No. 4834/2026:
BETWEEN:
M/S MARUTHI SLAB AND TILES BY ITS PROPERTIER MADHUSUDHAN A, S/O ASHWATHAPPA, AGED ABOUT 34 YEARS, S.S.T NO.1925, THONDEBAVI ALLIPURA CROSS ROAD, THONDEBAVI, GOWRIBIDANUR, CHIKKABALLAPURA. ALSO AT R/AT 1061/3, TEACHER COLONY, OPP S.S.S HIGH SCHOOL, NEAR THONDEBAVI RAILWAY STATION, THONDEBAVI, GOWRIBIDANUR, CHIKKABALLAPURA. …PETITIONER (BY SRI. HANUMANTHAPPA HARAVI.,ADVOCATE)
AND:
1. THE KARURU VYSYA BANK LTD., BY ITS CHIEF MANAGER/ASSET RECOVERY BRANCH, DIVISIONAL OFFICE BUILDING, NO.6, SRI. VASAVI TEMPLE ROAD, NEAR SARJANA RAO CIRCLE, V.V.PURAM, BANGALORE-560 004. Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:20896 WP No. 4834 of 2026 C/W WP No. 15254 of 2025 WP No. 26859 of 2025
2. THE KARURU VYSYA BANK LTD., BY ITS AUTHORIZED OFFICER/ DIVISIONAL OFFICE BUILDING, NO.6, SRI. VASAVI TEMPLE ROAD, NEAR SARJANA RAO CIRCLE, V.V.PURAM, BANGALORE-560 004. …RESPONDENTS (BY SRI. VIGNESH SHETTY.,ADVOCATE)
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASHING OF THE ANNEXURE-E, DATED, 10-02-2026 NO.NIL ISSUED BY THE 1 RESPONDENTS VIDE ANNEXURE-E AND II) ISSUE A WRIT, THE NATURE OF MANDAMUS DIRECTING THE RESPONDENTS TO FURNISH CERTIFIED COPY IN CRIMINAL MIS.NO.30/2025 SAID TO BE PASSED BY THE CJM COURT AT BANGALORE DATED 15-03-2025 FORTHWITH AND ETC.,
IN WP NO. 15254/2025:
BETWEEN:
M/S MARUTHI SLAB AND TILES BY ITS PROPRIETOR MADHUSUDHAN A S/O ASHWATHAPPA AGED ABOUT 34 YEARS, R/AT S.S.T NO. 1925, THONDEBHAVI VILLAGE, ALLIPURA CROSS ROAD, THONDEBHAVI, GOWRIBIDANUR, CHIKKABALLAPURA DISTRICT - 562 102. ALSO AT NO. 1061/3, TEACHER COLONY, OPP SSS HIGH SCHOOL, NEAR THONEBHAVI RAILWAY STATION, THONDEBHAVI, GOWRIBIDANUR, CHIKKABALLAPURA DISTRICT - 562 102. ...PETITIONER
(BY SRI. HANUMANTHAPPA HARAVI.,ADVOCATE)
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HC-KAR NC: 2026:KHC:20896 WP No. 4834 of 2026 C/W WP No. 15254 of 2025 WP No. 26859 of 2025
AND:
1. THE KARUR VYSYA BANK LTD., BY ITS CHIEF MANAGER/ ASSET RECOVERY BRANCH, DIVISIONAL OFFICE BUILDING, NO. 6, SRI. VASAVI TEMPLE ROAD, NEAR SAJJAN RAO CIRCLE, V V PURAM BENGALURU - 560 004. 2.
THE KARUR VYSYA BANK LTD., BY ITS AUTHORIZED OFFICER, DIVISIONAL OFFICE BUILDING, NO. 6, SRI. VASAVI TEMPLE ROAD, NEAR SAJJAN RAO CIRCLE, V V PURAM, BENGALURU - 560 004. ...RESPONDENTS (BY SRI.VIGNESH SHETTY., ADV., FOR C/R1 (CP NO.7285/25))
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH OF STATUTORY NOTICE FOR SALE ISSUED BY THE R2 DATED 15.05.2025 ISSUED UNDER SECURITY INTEREST (ENFORCEMENT) RULES 2002 VIDE ANNEXURE – D AND DIRECTING THE RESPONDENTS TO RESTORE POSSESSION OF THE HOUSE PROPERTY WITH IMMEDIATE EFFECT. IN WP NO. 26859/2025:
BETWEEN:
M/S MARUTHI SLAB AND TILES BY ITS PROPERTIER MADHUSUDHAN A S/O ASHWATHAPPA, AGED ABOUT 34 YEARS, S.S.T NO 1925, THONDEBAVI ALLILPURA CROSS ROAD, THONDEBAVI, GOWRIBIDANUR, CHIKKABALLAPURA. - 4 -
HC-KAR NC: 2026:KHC:20896 WP No. 4834 of 2026 C/W WP No. 15254 of 2025 WP No. 26859 of 2025
ALSO AT R/AT 1061/3, TEACHER COLONY, OPP S.S.S HIGH SCHOOL, NEAR THONDEBAVI RAILWAY STATION, THONDEBAVI, GOWRIBIDANUR, CHIKKABALLAPURA. ...PETITIONER
(BY SRI. HANUMANTHAPPA HARAVI.,ADVOCATE)
AND:
1. THE KARURU VYSYA BANK LTD., BY ITS CHIEF MANAGER/ ASSET RECOVERY BRANCH, DIVISIONAL OFFICE BUILDING, NO. 6, SRI VASAVI TEMPLE ROAD, NEAR SARJANA RAO CIRCLE, V.V.PURAM, BANGALORE – 560 004. 2. THE KARURU VYSYA BANK LTD., BY ITS AUTHORIZED OFFICER, DIVISIONAL OFFICE BUILDING, NO. 6, SRI VASAVI TEMPLE ROAD, NEAR SARJANA RAO CIRCLE, V.V.PURAM, BANGALORE – 560 004. ...RESPONDENTS
(BY SRI.VIGNESH SHETTY.,ADVOCATE)
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO DIRECT THE RESPONDENTS SHALL CONSIDER THE REPRESENTATION DATED 30/05/2024 VIDE ANNX-E FOR ONE TIME SETTLEMENT. THESE PETITIONS, COMING ON FOR PRELIMINARY HEARING IN B 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:20896 WP No. 4834 of 2026 C/W WP No. 15254 of 2025 WP No. 26859 of 2025
ORAL ORDER
The present writ petition is filed seeking the following prayer: i)Issue a Writ of the nature of Certiorari quashing of the Annexure-E, dated, 10-02- 2026 No. Nil issued by the 1st Respondents vide Annexure-E.
ii) in Issue a writ, the nature of mandamus directing the Respondents to furnish certified copy Criminal Mis.No.30/2025 vide Ann-F said to be passed by the CJM court at Bangalore dated 15-03-2025 forthwith.
iii) Issue a Writ the nature of mandamus directing the Respondents No.1 and 2 not to dispossessing the items and belongings of the petitioner from the Schedule -A premises.
iv) Issue a Writ or order or direction has with or directions as this Hon'ble court deems fit under the circumstances of the above case in the interest of justice.”
2. When the matter came up on the last occasion,
learned counsel appearing for the petitioner submits that he is ready to pay the entire amount and he will come up with an undertaking affidavit. Today an undertaking affidavit is filed before this Court stating that he will pay the entire amount within four months from today by 16th August 2026, the entire amount will be paid.
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HC-KAR NC: 2026:KHC:20896 WP No. 4834 of 2026 C/W WP No. 15254 of 2025 WP No. 26859 of 2025
3. Learned counsel appearing for the respondent submits that four months time that is sought for payment of the amount by the petitioner is not reasonable and already the petitioner has got enough time.
4. Having considered the undertaking affidavit filed before this Court, this Court is passing the following:
ORDER i. Accordingly, the writ petition is disposed of directing the petitioner to pay the entire outstanding amount as per the statement given by Bank within 4 months i.e., by 15.08.2026.
ii. In case the petitioner fails to pay the amount as per the undertaking affidavit filed before the Court, he shall pay cost of Rs.1,00,000/- to the respondent/Bank.
iii. Once the amount is paid, the respondent/Bank shall re-deliver the possession of the property along with the other documents.
iv. Pending I.As in the writ petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE
TS/List No.: 1 Sl No.: 62