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High Court of Karnataka · body
2026 DAILYLAW 55115 (KAR)
M/S BASVESHWAR DALL INDUSTRY v. CANARA BANK
WP/204182/2025 · 2026-01-14
Pradeep Singh Yerur
body2026
[ 2026 DAILYLAW 55115 (KAR) · dailylaw.ai ]
[ 2026 DAILYLAW 55115 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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?649:<3?25 >38>13<E < ?: ;93<=13 786<16414 <=2< 491 <8 686 >2EC16< 8; <=1 5826 2C896< 31:>86416<26@ ?6?<?2<14 3178D13E >387114?6A: B=?7= =2: 795C?62<14 F1;831 <=1 1F<:
178D13E 3?F9625 264 2C?72F5E :1<<514 F1;831 <=1 ?:<3?7< 1A25 13D?71: 9<=83?<E =23B24 ?6 8@ 4252< 2:1 8"#* ?6
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"##" C241 ;93<=13 >23< >2EC16<: 2AA31A2<?6A :! F1<B116 $961 264 1><1CF13 ##!
F1<B116 $961 264 1><1CF13 ##! < ?: ;93<=13 786<16414 <=2< ?6 <=1 ?6<1331A69C <=1 31:>86416<26@ ?::914 :2511 297<?86 68<?71 :=8B?6A 26 ?6;52<14 5?2F?5?<E 8;
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1786:<397<?86 8; ?6267?25 ::1<:264 6;8371C16<8;1793?<E6<131:<7<';83:=83< I<=1 7<.( =?: F1?6A <=1 :<2<1 8; 2;;2?3: <=1 B3?<>1<?<?8672C1<8F1;?514FE<=1>1<?<?8613:11@?6A<8 J92:=1 297<?8668<?71264;8324?317<?86<8786:?413<=1 31>31:16<2<?868;<=1>1<?<?8613=1:2?4>1<?<?8672C1<8 F1 4?:>8:14 8; FE 4?317<?6A <=1 >1<?<?8613 <8 2D2?5
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25<1362<?D131C14EF1;831<=11F<:
178D13E3?F96256 <=1 >1<?<?86 <=1 >1<?<?8613 ?: 31:<3?7<?6A =?: 315?1; <8 ;936?:=?6A8;<=14879C16<:2::89A=<;83?6<=1>32E132< 2'?( <8 'D???( 2: B?<=89< <=1:1 4879C16<: <=1 >1<?<?8613 B8954 68< F1 2F51 <8 2>>3827= <=1 1F<:
178D13E 3?F9625;837=25516A?6A<=1834138;<=131:>86416<26@
" 123614 7896:15 ;83 <=1 31:>86416< 786<16<14 <=2< :251 713<?;?72<1 ?: ?::914 86 ##! =131;831 <=1 J91:<?86 8; 26E ;93<=13 >387114?6A: <8 F1 786497<14 B8954 68< 23?:1 ::92671 8; <=1:1 4879C16<: 2: :89A=< ;832312552D2?52F5186<=1865?61>83<251671<=1316114 68<F126E4879C16<:<8F1A?D16264<=1>1<?<?8613726 2D2?5262>>38>3?2<125<1362<?D131C14E;8331431::258;=?: A3?1D2671 ! 2D?6A =1234 <=1 5123614 7896:15 ;83 F8<= <=1 >23<?1:?<?:68<?64?:>9<1<=2<28@4252<2B23472C1 <8F1>2::14862H8?6<C1C8;?514FEF8<=<=1>23<?1:264 <=1 5?2F?5?<E 72C1 <8 F1 73E:<255?G14 FE D?3<91 8; 2 H8?6< C1C8 93:926< <=131<8 B3?< >1<?<?86 ;?514 FE <=1
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>1<?<?861325:872C1<8F14?:>8:148;B?<=24?317<?86<8 <=1 >1<?<?8613 <8 2>>3827= <=1 2>>38>3?2<1 25<1362<?D1 ;839C6<=1C126B=?512::9FC?<<14FE51236147896:15 ;83 <=1 31:>86416<26@ <=1 1 297<?86 =2: F116 786497<14264:251713<?;?72<1?:25:8?::914F9<<=2<?<:15;
B8954 68< >3175941 <=1 31:>86416<26@ ;38C 68< ;936?:=?6A <=1 6171::23E 4879C16<: :89A=< ;83 FE <=1 >1<?<?8613=1<=13=1:977114:?67=25516A?6A<=12B234 264 31D13:?6A ?< ?: 2 C2<<13 <8 F1 417?414 F1;831 <=1 2>>38>3?2<1;839C8B1D13<=131:>86416<26@72668< <2@1 2 786<16<?86 8; 686 ;936?:=?6A <=1 4879C16<: <=2< 231:89A=<;83?6>32E132'?(<8'D???(?6<=1B3?<>1<?<?86
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