- 1 - HC-KAR NC: 2026:KHC:11571 WP No. 29865 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 24TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI WRIT PETITION NO. 29865 OF 2024 (GM-DRT) BETWEEN: 1. M/S THURAN COIR MILLS THROUGH ITS PARTNER LOGANATHAN K, AGED 58 YEARS HAVING ADDRESS AT: 179/ 2A, RANGASAMUTHIRAM, SULEESWARANPATTI POST, POLLACHI 642006 2. LOGANATHAN K. PARTNER OF THURAN COIR MILLS, RESIDING AT 179/2A, THURAN FIBRE COMPOUND, RANGASAMUTHIRAM, SULEESWARANPATTI POST, POLLACHI 642006 …PETITIONERS (BY SRI. ARAVINDA KAMATH P, ADV.) AND: 1. THE BOARD OF DIRECTORS OF CANARA BANK REPRESENTED BY ITS MANAGING DIRECTOR AND Digitally signed by KIRAN KUMAR R Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:11571 WP No. 29865 of 2024 CHIEF EXECUTIVE OFFICER, 112, J C ROAD, BANGALORE 560 002. 2. CANARA BANK, REPRESENTED BY ITS CHAIRMAN AND MANAGING DIRECTOR, 112, J C ROAD, BANGALORE – 560002 3. AUTHORISED OFFICER, CANARA BANK POLLACHI - I BRANCH, NO.66, THIYAGARAJA BUILDING NEW SCHEME ROAD, POLLACHI 642602 4. ASSET RECOVERY MANAGEMENT BRANCH, CANARA BANK, COIMBATORE, REGIONAL OFFICE 1, 166, TV SWAMY ROAD, WEST R.S. PURAM COIMBATORE 641002 5. THE ASSISTANT GENERAL MANAGER ASSET RECOVERY MANAGEMENT BRANCH, CANARA BANK, COIMBATORE REGIONAL OFFICE 1, 166, TV SWAMY ROAD, WEST R.S. PURAM COIMBATORE – 641002 6. MINISTRY OF MICRO SMALL AND MEDIUM ENTERPRISES - 3 - HC-KAR NC: 2026:KHC:11571 WP No. 29865 of 2024 REPRESENTED BY ITS SECRETARY, UDYOG BHAWAN, RAFI MARG, NEW DELHI, DELHI- 110 001. 7. UNION OF INDIA, REPRESENTED BY ITS SECRETARY, DEPARTMENT OF FINANCIAL SERVICES, MINISTRY OF FINANCE, 3RD FLOOR, JEEVAN DEEP BUILDING, SANSAD MARG, NEW DELHI 110 001. 8. RESERVE BANK OF INDIA REPRESENTED BY ITS GOVERNOR, SHAHID BHAGAT SINGH ROAD, FORT, MUMBAI 400 001. 9. THE GENERAL MANAGER, DISTRICT INDUSTRIAL CENTRE, COIMBATORE RAJA ST, TOWN HALL, COIMBATORE, TAMIL NADU 641001 10. THE CHAIRMAN, EMPOWERED COMMITTEE ON MSMES REGIONAL OFFICE, RESERVE BANK OF INDIA, FORT GLACIS, 16, RAJAJI RD, FORT ST GEORGE, CHENNAI, - 4 - HC-KAR NC: 2026:KHC:11571 WP No. 29865 of 2024 TAMIL NADU 600001. 11. THE CHAIRMAN, STATE LEVEL INTER- INSTITUTIONAL COMMITTEE REGIONAL OFFICE, RESERVE BANK OF INDIA, FORT GLACIS, 16, RAJAJI RD, FORT ST GEORGE, CHENNAI, TAMIL NADU 600001. …RESPONDENTS (BY SRI. VINAY VENUGOPAL, ADV. FOR R6 & R7) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO A. DECLARE THAT THE MSMED ACT IN SO FAR AS IT HAS NOT CREATED A SPECIAL FORUM/TRIBUNAL TO ENFORCE THE INTER-SE RIGHTS AND OBLIGATIONS/REMEDIES, WHICH IT HAS CREATED IN ADDITION TO THOSE RIGHTS/OBLIGATIONS/REMEDIES RECOGNIZED BY THE COMMON LAW, THE JURISDICTION OF THE CIVIL COURT IS NOT OUSTED, FOR IT IS IMPOSSIBLE TO OUST THE JURISDICTION OF THE CIVIL COURT WITHOUT PROVIDING FOR AN ALTERNATIVE FORUM/TRIBUNAL TO ADJUDICATE THE INTER SE DISPUTES BETWEEN PARTIES WHO ARE GOVERNED BY THE ACT, AND FURTHER AS A COROLLARY THEREOF, THE DRTS, NCLTS CREATED UNDER THE RDB ACT 1993 AND THE COMPANIES ACT 2013 ARE INVESTED OF NO JURISDICTION TO ADJUDICATE A DISPUTE ARISING OUT OF/INVOLVING THE MSMED ACT, AND ETC., THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 5 - HC-KAR NC: 2026:KHC:11571 WP No. 29865 of 2024 CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI ORAL ORDER This writ petition was filed on 23.10.2024. The office has raised objections. Despite granting sufficient opportunity, the petitioners failed to comply with the office objections. It seems that the petitioners are not interested in complying with the office objections. Hence, the writ petition is dismissed for non-compliance of office objections. Sd/- (ASHOK S.KINAGI) JUDGE SSB