SRI T BHASKAR NAIDU v. M/S THE NATIONAL CO OPERATIVE BANK LTD
WP/2868/2024 · 2026-02-09
Ashok S Kinagi
body2026
DailyLaw.ai
[ 2026 DAILYLAW 7349 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 7349 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:7590 WP No. 2868 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 2868 OF 2024 (GM-DRT) BETWEEN:
SRI T BHASKAR NAIDU S/O LATE T SIDDAYA NAIDU AGED ABOUT 63 YEARS R/A NO.63, 3RD MAIN 3RD PHASE, 5TH BLOCK 7TH CROSS, VISVESWARAIAH NAGAR BSK 3RD STAGE BENGALURU-560085
…PETITIONER (BY SMT. KAVITHA D., ADV.) AND:
M/S THE NATIONAL CO-OPERATIVE BANK LTD (REGISTERED UNDER CO-OPERATIVE SOCIETIES ACT 1959 ON 14-04-1975)
Digitally signed by KIRAN KUMAR R Location:
HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:7590 WP No. 2868 of 2024
ADMINISTRATIVE OFFICE NO.73/1, GANDHI BAZAAR BENGALURU-560004 IFSC CODE: SRCBONCB002 REPRESENTED BY ITS AUTHORIZED OFFICER
…RESPONDENT (V/O DTD.31.01.2024, K.V.LOKESH ADV.)
THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE ORDER PASSED BY THE LEARNED II ACMM, BENGALURU VIDE ANNEXURE - W C.MISC.NO.5996/22 ORDER DTD 21.10.2022 BY STATING THAT THE ENTIRE RECOVERY PROCEEDINGS INITIATED BY THE RESPONDENT AGAINST THE SCHEDULE PROPERTY ARE ILLEGAL AND IN VIOLATION OF THE SARFAESI ACT, 2002, AND ETC.,
THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN ‘B’ GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
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HC-KAR NC: 2026:KHC:7590 WP No. 2868 of 2024
CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI
ORAL ORDER
Learned counsel for the petitioner filed a memo seeking leave of the Court to withdraw the writ petition with a liberty to approach the Debts Recovery Tribunal under Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
2. The memo is placed on record.
Accordingly, the writ petition is dismissed as withdrawn with the aforesaid liberty.
Sd/- (ASHOK S.KINAGI) JUDGE
SSB