- 1 - HC-KAR NC: 2026:KHC:7392 WP NO.4133 OF 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 09TH DAY OF FEBRUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO.4133 OF 2022 (GM-RES) BETWEEN: 1. MRS. JYOTHI W/O LATE GANGADHARA REDDY, AGED ABOUT 69 YEARS. 2. LOKESHWARA REDDY G. S/O LATE GANGADHARA REDDY, AGED ABOUT 47 YEARS. 3. DILIP REDDY G. S/O LATE GANGADHARA REDDY, AGED ABOUT 44 YEARS. 4. KAVITHA G. D/O LATE GANGADHARA REDDY, AGED ABOUT 41 YEARS. PETITIONERS 1 TO 4 ARE R/AT NO.1556, 17TH 'B' MAIN ROAD, 5TH BLOCK, H.B.R. LAYOUT, BENGALURU NORTH, KALYAN NAGAR, BENGALURU - 560 043. 5. RUPA SARAVANAN W/O SARAVANAN S., D/O LATE GANGADHARA REDDY, AGED ABOUT 42 YEARS, NO.38/9, 2ND MAIN ROAD, NEAR CHANNAMMA SCHOOL, C.K.C. GARDEN, BENGALURU SOUTH, WILSON GARDEN, BENGALURU - 560 027. …PETITIONERS (BY SRI. SYED UMMER, ADVOCATE) Digitally signed by ARUNKUMAR M S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:7392 WP NO.4133 OF 2022 AND: THE AUTHORISED OFFICER CITY UNION BANK LTD., JAYANGAR BRANCH, NO.126, 33RD CROSS, 11TH MAIN, 4TH BLOCK, NEAR A.V.R. SWARNAMAHAL SIGNAL, JAYANGAR, BENGALURU - 560 011. …RESPONDENT (BY SRI. C. VINAY SWAMY, ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO DIRECT THE RESPONDENT TO WITHDRAW THE NOTICE ISSUED UNDER RULE 8(6) AND 9 OF THE RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS ACT 1993 AGAINST THE PETITIONER'S PROPERTY VIDE ANNEXURE-B; AND ETC. THIS PETITION COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL ORAL ORDER The present petition is filed purportedly aggrieved by initiation of proceedings under the provisions of Section 13 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. 2. This Court, by order dated 21st February, 2022 passed the following: - 3 - HC-KAR NC: 2026:KHC:7392 WP NO.4133 OF 2022 "ORDER Issue emergent notice and Interim order as prayed for, subject to petitioners depositing with the respondent, 30% of the amount due as under: (i) 10% within three weeks; (ii) another 10% within next three weeks; and (iii) remainder i.e., 10% within three weeks next following, failing which, not only the interim protection shall stand rescinded but it will also have adverse reflection on merits of the main matter." 3. None appears for petitioners and there is nothing on record to show that the aforesaid order has been complied with by the petitioners. 4. Notwithstanding the same, since there is an alternative remedy under Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, reserving liberty to the petitioners to avail such remedy as permissible under law, writ petition is dismissed. Sd/- (M.G.S. KAMAL) JUDGE ARK List No.: 1 Sl No.: 7