- 1 - HC-KAR NC: 2026:KHC:5648 WP No. 26736 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 02ND DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH WRIT PETITION NO.26736 OF 2024 (GM-RES) BETWEEN: 1. M. D. RAMANUJAM S/O LATE M D PARTHASARATHY, AGED ABOUT 49 YEARS R/O NO.30/2, 12TH CROSS, WEST PARK ROD, MALLESWARAM BENGALURU - 560 003. …PETITIONER (BY SRI. M. MOHAMED IBRAHIM, ADVOCATE FOR SRI. R. ASHOK KUMAR, ADVOCATE) AND: 1. CANARA BANK REPRESENTED BY ITS CHIEF MANAGER, MR. PRASANTH PANDEY ASSET RECOVERY MANAGEMENT BRANCH -1 3RD FLOOR, CIRCLE OFFICE, SPENCER TOWERS, NO. 86 M.G.ROAD, BENGALURU - 560001. …RESPONDENT (BY SRI. SHETTY VIGNESH SHIVARAM, ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED SHOW CAUSE NOTICE DATED 20.09.2024 VIDE ANNEXURE-E. Digitally signed by ARUNKUMAR M S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:5648 WP No. 26736 of 2024 THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH ORAL ORDER Heard Sri. M. Mohamed Ibrahim along with Sri. Ashok Kumar R., learned counsel appearing for the petitioner and Sri. Shetty Vignesh Shivaram, learned counsel appearing for the respondent. 2. In this writ petition, the petitioner has called in question the Show Cause Notice dated 20.09.2024, produced at Annexure–E. 3. During the course of hearing, it is brought to the notice of this Court that the petitioner has already submitted a detailed reply/objections dated 25.09.2024, produced at Annexure–F, to the impugned Show Cause Notice. 4. Having regard to the submissions made by the learned counsel appearing for the parties, without expressing any opinion on the merits of the matter, this Court deems it - 3 - HC-KAR NC: 2026:KHC:5648 WP No. 26736 of 2024 appropriate to direct the respondent-Bank to consider the reply/objections dated 25.09.2024 (Annexure–F) submitted by the petitioner and pass appropriate orders in accordance with law, within an outer limit of two months from the date of receipt of a certified copy of this order, if no decision has already been taken. The decision so taken shall be duly communicated to the petitioner herein. 5. Till such consideration and decision, the respondent-Bank is directed not to take any precipitative/coercive action against the petitioner, if not already taken. Accordingly, the writ petition stands disposed of. SD/- (E.S.INDIRESH) JUDGE SB List No.: 1 Sl No.: 29