✦ Karnataka High Court

STATE BANK OF INDIA v. THE CANARA BANK, ARM BRANCH, 2

Case at a glance

Outcome

Disposed of

The writ petition is disposed of, giving

Provisions considered

Key paragraphs

  • Para 55. Accordingly, this Court is passing the following: - 4 - NC: 2026:KHC:13929 WP No. 7248 of 2026 HC-KAR ORDER i. The writ petition is disposed of, giving liberty to the petitioner to avail appropriate remedy, wherever the cause of action arises. ii. Pending IAs.…

Judgment

THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 7248 OF 2026 (GM-DRT) BETWEEN:

#1. STATE BANK OF INDIA STRESSED ASSETS RECOVERY BRANCH (SARB), NO.11/90, 3RD FLOOR, NEAR OLD SHIVAJI THEATRE, J.C. ROAD, BENGALURU - 560 002, REPRESENTED BY ITS AUTHORISED OFFICER AND CHIEF MANAGER, MR. MAHESH KUMAR CHOTIA. (BY SRI. KULKARNI HANAMANTRAO, ADVOCATE) …PETITIONER Location: HIGH COURT OF KARNATAKA AND:

#1. THE CANARA BANK, ARM BRANCH, 2ND FLOOR, CIRCLE OFFICE, SPENCER TOWERS, NO.86, MG ROAD, BENGALURU - 560 001 REPRESENTED BY ITS AUTHORISED OFFICER.

#2. THE MR. KRISHNAMURTHY N.G., S/O GOVINDAPPA, AGED: MAJOR - 2 - NC: 2026:KHC:13929 WP No. 7248 of 2026 HC-KAR

#3. MRS. GEETHA S., W/O MR. KRISHNAMURTHY N.G. AGED: MAJOR BOTH ARE RESIDENTS OF NO.157, GEETHA KRISHNA, 7TH CROSS, 7TH MAIN, NEAR HOYSALA CIRCLE, KENGERI SATELLITE TOWN, BENGALURU - 560 060. ALSO AT NO.396, SN RESIDENCY, 4TH FLOOR, TFI, 6TH MAIN ROAD, KENGERI UPANAGARA, BENGALURU - 560 060. ALSO AT M/S. RAGHAVENDRA POULTRY FARM, NULENOOR, DABBAGUNTE POST - 572 218, HULIYAR, C.N. HALLI, TUMAKURU DISTRICT. ALSO AT VILLA NO. 18, SUCHIRAA VILLAS, NO. 11, SY. NO. 57, SHETTIHALLI VILLAGE, YESHWANTHPURA HOBLI BENGALURU - 560 099. (BY SRI. T.P. MUTTANNA, ADVOCATE FOR R1) …RESPONDENTS THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE IMPUGNED AUCTION NOTICE ISSUED BY R1 DATED

09.02.2026 VIDE ANNX-E, GRANT AN INTERIM ORDER TO STAY - 3 - NC: 2026:KHC:13929 WP No. 7248 of 2026 HC-KAR THE OPERATION AND EXECUTION OF THE IMPUGNED AUCTION NOTICE ISSUED BY R1 DATED 09.02.2026 VIDE ANNX-E. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER The present writ petition is filed questioning the auction notice issued by respondent No.1 dated 09.02.2026.

#2. Learned counsel appearing the petitioner submits that for want of bidders, the auction could not be conducted.

#3. Learned counsel for the respondents submits that nothing survives for consideration in this writ petition.

#4. Learned counsel for the petitioner submits that the writ petition may be disposed of, giving liberty to the petitioner to avail appropriate remedy, wherever the cause of action arises for the petitioner.

#5. Accordingly, this Court is passing the following: - 4 - NC: 2026:KHC:13929 WP No. 7248 of 2026 HC-KAR ORDER i. The writ petition is disposed of, giving liberty to the petitioner to avail appropriate remedy, wherever the cause of action arises. ii. Pending IAs., if any, shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE SMC List No.: 1 Sl No.: 12

Questions this judgment answers

What did the Court decide in this case?

The Court recorded the following disposition: The writ petition is disposed of, giving

Which statutory provisions did this judgment involve?

Constitution of India — arts. 226, 227.

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