- 1 - HC-KAR NC: 2026:KHC:2180 WP No. 31487 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 14TH DAY OF JANUARY, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 31487 OF 2025 (GM-DRT) BETWEEN: M/S UDAYA ENTERPRISES REP. BY ITS PROPREITOR MR.NAVEEN KUMAR B.R. SHOP NO. 1- 3, PROPERTY NO. 36 CHIKKARMAIAH LAYOUT VARANASI MAIN ROAD R.M.NAGAR BANGALORE -560 016 …PETITIONER (BY SRI. VELANGANNI C., ADVOCATE) AND: 1. THE AUTHORISED OFFICER HDB FINANCIAL SERVICES LIMLITED SREE GOWRI COMPLEX SECOND FLOOR, 16 FIRST CROSS, LALBAGH ROAD SGN LAYOUT BENGALURU -560 027 Digitally signed by MEGHA MOHAN Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:2180 WP No. 31487 of 2025 2. HDB FINANCIAL SERVICES LIMITED HEAD OFFICE 3RD AND 4TH FLOOR HEMALATHA MANSION 7-1-397 /111 AND 112 S.R.NAGAR HYDERABAD -560 038 TELANGANA REP. BY THE AUTHORIZED OFFICER 3. HDB FINANCIAL SERIVES LIMITED REGISTERED OFFICE RADHIKA, 2ND FLOOR LAW GARDEN ROAD NAVARANGPURA AHMEDABAD -380 009 REP. BY THE AUTHORIZED OFFICER …RESPONDENTS (BY SRI. B.C.AVINASH, ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLE 227 OF THE CONSTITUTION OF INDIA, PRAYING TO ISSUE A WRIT OF CERTIORARI AND QUASH THE SALE NOTICE DATED 27.09.2025 IN RESPECT OF THE SCHEDULE PROPERTY ISSUED UNDER SEC 13(8) OF SARFAESI ACT, 2022 VIDE ANNEXURE-G, IN THE INTEREST OF JUSTICE AND EQUITY. - 3 - HC-KAR NC: 2026:KHC:2180 WP No. 31487 of 2025 THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER The present writ petition is filed seeking the following prayer: i. Issue a writ of certiorari and quash the Sale Notice dated 27.09.2025 in respect of the Schedule Property issued by Respondent No.1 under Sec 13(8) of the SARFAESI Act, 2022 vide Annexure-G in the interest of justice and equity. ii. Issue such other orders, writs or direction as deemed fit and proper under the facts and circumstances of the case, in the interest of justice and equity. 2. Learned counsel for respondent-Bank submits that they have conducted the sale, it failed for want of bidder. It is submitted that the relief that is sought in this writ petition has become infructuous. 3. Learned counsel for the petitioner submits that the petitioner is ready to pay amount under OTS. Petitioner is at liberty to approach the Bank and the Bank shall consider the same in accordance with law. - 4 - HC-KAR NC: 2026:KHC:2180 WP No. 31487 of 2025 3. Accordingly, the writ petition is disposed off. 4. All pending I.As., in the writ petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE TS List No.: 1 Sl No.: 32