Mr Sathyanarayana Swamy S B v. the Authorized Officer
Case brief
What is this about?
E-auction sale notice set aside relief; Canara Bank Kappanahalli Branch; Authorized Officer and Recovery Officer; housing loan; writ petition under Articles 226 and 227 of the Constitution of India; Karnataka High Court GM-RES; ad-interim order 03.09.2022 complied with; payment in seven equal monthly instalments; coercive steps kept in abeyance; default clause resuming recovery proceedings; Shivamogga; respondent served unrepresented.
What did the court decide?
Petition disposed of with further coercive steps against the petitioner kept in abeyance, conditional on payment of the balance amount in seven equal monthly instalments (first due 15.09.2025, remainder by corresponding dates of subsequent months); upon default, the petitioner loses the benefit of the judgment and the respondent bank may continue recovery proceedings from the stage at which they stand.