Sri. Vasanth N v. State Bank of India
Case brief
What is this about?
Karnataka HC, Bengaluru; Justice Suraj Govindaraj; WP No. 30234 of 2025 (GM-RES); decided 09.10.2025. Challenge to SBI e-auction/auction notice dated 11.09.2025, Tender No. SBIN200032618391, by Authorized Officer Sri Raghunandan K, after borrower loan default; related pending consumer proceedings SC/29/RA/46/2024 before State Consumer Dispute Resolution Commission. Central Bank of India v. Smt. Prabha Jain, Civil Appeal No. 1872 of 2016, distinguished — inapplicable to writ petition against auction notice. Alternative efficacious remedy under Section 17 SARFAESI Act, 2002; Article 226/227 maintainability; writ petition disposed of with liberty reserved. Keywords: SARFAESI Section 17 remedy, auction notice quashing, stay of appropriation, secured creditor enforcement.
What did the court decide?
No substantive relief granted; liberty reserved to the petitioner, if so advised, to pursue proceedings under Section 17 of the SARFAESI Act, 2002.