Mr. Naresh Kumar v. Hbd Financial Services Limited
Case brief
What is this about?
Naresh Kumar v. HBD Financial Services Limited — High Court of Karnataka at Bengaluru, WP No. 7324 of 2022 (GM-RES), E.S. Indiresh J., decided 17 November 2025. Writ petition under Articles 226/227 of the Constitution of India challenging possession notice dated 03.03.2022 issued by Respondent No.1 and published in Hosadigantha Kannada daily dated 08.03.2022 (Annexure-A); petition disposed of on the ground of an alternative and efficacious remedy under Section 17 of the SARFAESI Act, 2002, with liberty reserved to approach the competent Tribunal. No adverse adjudication of the notice on merits; useful for alternative-remedy/SARFAESI jurisdiction points, not for the validity of the possession notice.
What did the court decide?
Liberty reserved to the petitioner to approach the competent Tribunal (under S.17 of the SARFAESI Act, 2002); no substantive relief granted on the writ petition itself.