Mr Abdul Majeed v. C.S.B. Bank Ltd.
Case brief
What is this about?
Karnataka HC (M.Nagaprasanna J.), WP No. 5283 of 2025 (GM-RES), decided 26-03-2025: petitioners Abdul Majeed, Khairunisa Abdul Majeed and Mohammed Haneef challenged C.S.B. Bank auction sale notice 22.01.2025 (Annexure-A) on outstanding loan of Rs.48,89,614/-; conditional ad-interim stay (20% deposit in four weeks) not complied with; petition disposed with liberty to seek other legal remedies; relevant to enforcement of conditional interim orders and borrower non-compliance in secured-lending sale proceedings.
What did the court decide?
No substantive relief; the auction sale notice was not quashed and the petitioners were left open to avail such remedy as is available in law ¶39