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2026 DAILYLAW 5203 (KAR)

SRI MANJUNATH A G, v. SRI SEETHARAGHVA SOUHARDA SHAKARA BANK NIYAMITHA

WP/29682/2025 · 2026-04-29

S R Krishna Kumar

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:24047 WP No. 29682 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29TH DAY OF APRIL, 2026 BEFORE THE HON'BLE MR. JUSTICE S.R.KRISHNA KUMAR WRIT PETITION NO. 29682 OF 2025 (S-RES) BETWEEN: SRI MANJUNATH A G, S/O GOVINDAPPA AGED ABOUT 41 YEARS R/AT 3RD CROSS KALLUHOLE ROAD VEERABHADRESHWARA LAYOUT KADURU TOWN CHIKKMAGALURU DISTRICT - 577 548 …PETITIONER (BY SRI. VINAYA KUMAR P., ADVOCATE) AND: SRI SEETHARAGHVA SOUHARDA SHAKARA BANK NIYAMITHA HEAD OFFICE: BUS STAND ROAD HOSADURGA - 577 527 REP BY ITS SECRETARY GENERAL MANAGER N MANJUNATH …RESPONDENT (BY SRI. S. LAKSHMINARAYANA, ADVOCATE) THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TOQUASH THE ORDER DTD 30.12.24 BEARING 454/SSSSBN/24-25 ISSUED BY THE Digitally signed by SHARADAVANI B Location: High Court of Karnataka - 2 - HC-KAR NC: 2026:KHC:24047 WP No. 29682 of 2025 RESPONDENT (PRODUCED AS ANNX-B) AND DIRECTING THE RESPONDENT TO RE-APPOINT THE PETITIONER. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE S.R.KRISHNA KUMAR ORAL ORDER In this petition, petitioner seeks the following reliefs: (i) Set aside the impugned order dated 12.02.2026 passed in S.C.No.194/2025. As per Annexure-B. (ii) Direct the trial Court to release of the silver articles (390+kg) and cash (Rs.17,41,910/-) seized under PF No.70/2024 dated 28.09.2024 by Kora Police Station which is still in the custody of respondent to the interim custody of the petitioners by imposing any conditions. (iii) Pass such other and further orders as this Hon'ble Court may deem fit and proper in the facts and circumstances of the case, in the interest of justice and equity. 2. Though several contentions have been urged by both sides in support of their respective claims, having regard to availability of equally efficacious and alternative remedy by way of approaching under Section 39 of Karnataka Souharda Sahakari - 3 - HC-KAR NC: 2026:KHC:24047 WP No. 29682 of 2025 Act, 1997, the petition is hereby disposed of reserving liberty in favour of the petitioner to file an appeal/raise a dispute and take recourse to such remedies as available in law including invoking Section 39 of the Karnataka Souharda Sahakari Act, 1997. If the petitioner takes such steps in accordance with law within a period of six weeks from today, the petitioner would be entitled to the benefit of Section 14 of the Limitation Act. Subject to the aforesaid directions and liberty reserved in favour of the petitioner, petition stands disposed of. Sd/- (S.R.KRISHNA KUMAR) JUDGE SS List No.: 1 Sl No.: 5