Disposed¶47

M/S Ramanatha Agencies v. the State of Karnataka

Karnataka HC17 Jul 2026WP/19000/2024

Case brief

AI extract

What is this about?

Karnataka High Court, Bengaluru; WP No. 19000 of 2024 (APMC); decided 17-07-2026 by M.G.S. Kamal J.; SARFAESI Act alternate remedy; secured asset tenancy; public auction by Fullerton India Group Company Ltd. (financial institution); APMC Yard Yeshwanthpur shops purchased by respondent Nos. 7 and 8; challenge to Secretary APMC order dated 19.06.2024 in KUMS(B)/NOC/885/2024-25 declining NOC to run APMC business; writ petition disposed of with liberty to avail statutory remedy within 30 days and condonation of delay protection.

What did the court decide?

Liberty to the petitioner to avail the alternate effective remedy under the Act within 30 days, with the time consumed in the writ petition to be considered for condonation of delay; writ petition disposed of accordingly. ¶47

M/S Ramanatha Agencies Vs the State of Karnataka — Banking and Recovery | Karnataka HC (2026)

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HC-KAR NC: 2026:KHC:36644 WP No. 19000 of 2024

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CNR: KAHC010403112024

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU

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DATED THIS THE 17^TH DAY OF JULY, 2026

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BEFORE

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THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 19000 OF 2024 (APMC)

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BETWEEN:

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M/S RAMANATHA AGENCIES OFFICE SITUATED AT SITE NO. 27/11, II MAIN ROAD, APMC YARD, YESHWANTHPUR, BENGALURU - 560 022 REPRESENTED BY ITS PARTNER, K. SHIVALINGAIAH, S/O. LATE KEMPAIAH, AGED ABOUT 58 YEARS, RESIDING AT NO. 392, 28TH MAIN, 4TH BLOCK, NANDINI LAYOUT, BESIDE LALI HOSPITAL, BENGALURU - 560 096

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Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA

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(BY SRI. JAYARAJ D.S, ADVOCATE)

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AND:

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…PETITIONER

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THE STATE OF KARNATAKA REPRESENTED BY ITS PRINCIPLE SECRETARY, DEPARTMENT OF AGRICULTURAL PRODUCE MARKETING COMMITTEE (APMC) DEPARTMENT, M. S. BUILDING, BENGALURU - 560 001.

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THE DIRECTOR OF AGRICULTURAL

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HC-KAR

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NC: 2026:KHC:36644 WP No. 19000 of 2024

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CNR: KAHC010403112024

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PRODUCE MARKETING COMMITTEE (APMC), HEAD OFFICE, RAJA BHAVAN ROAD, BENGALURU - 560 001.

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THE SECRETARY,

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APMC YARD, YESHWANTHPUR, BENGALURU - 560 022.

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FULLERTON INDIA GROUP COMPANY LTD., NO. 50, K. H. ROAD, LALBAGH, REPRESENTED BY ITS MANAGER. ITS A BANK/ FINANCIAL INSTITUTION

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M/S. RENUKA ASSOCIATES OFFICE SITUATED AT SITE NO. 27/11, II MAIN ROAD, APMC YARD, YESHWANTHPUR, BENGALURU - 560 022 REPRESENTED BY ITS PROPRIETOR SRI. R. SIDDESH, S/O. LATE B.R. RENUKA @ B.R. REVANNA, AGED 65 YEARS, RESIDING AT NO.143, FLAT NO.101, CHEMPAKS REGENCY, K.R. ROAD, BASAVANAGUDI, BENGALURU - 560 004.

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SRI. D.S. OM PRAKASH, S/O. LATE D.V. SIVARAMAIAH, AGED ABOUT 60 YEARS, RESIDING AT NO. 26, SURABI NILAYA, 30TH MAIN, 5TH CROSS, COLLEGE TEACHERS LAYOUT, BANASHANKARI, 3RD STAGE, BENGALURU - 560 085.

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HC-KAR

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NC: 2026:KHC:36644 WP No. 19000 of 2024

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CNR: KAHC010403112024

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M/S. MALAGANGA TRADERS,

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SHOP NO. 3, NO.27/3, 2ND MAIN ROAD, APMC YARD, YESHWANTHPUR, BENGALURU - 560 022 REPRESENTED BY ITS PROPRIETOR SRI. V.C. SEETU, AGED MAJOR, FATHER NAME NOT KNOWN.

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M/S. SURESH TRADERS

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27/11, 2ND MAIN ROAD, APMC YARD, YESHWANTHPUR, BENGALURU - 560 022 REPRESENTED BY ITS, PROPRIETOR N. RAJU, AGED MAJOR FATHER NAME NOT KNOWN.

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…RESPONDENTS

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(BY SRI. NANDA KISHORE, ADVOCATE FOR R3; SRI. CHANDRASHEKAR S.N, ADVOCATE FOR R4; SRI. T. SESHAGIRI RAO, ADVOCATE FOR R7 AND R8; R2, R5 AND R6 ARE SERVED AND UNREPRESENTED)

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THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO A.QUASHING THE IMPUGNED ORDER DATED 19.06.2024 PASSED BY THE SECRETARY OF APMC LE RESPONDENT NO. 3 IN PROCEEDINGS BEARING NO. KUMS(B)/NOC/885/2024-25 IN DECLINING THE PETITIONER TO RUN HIS APMC BUSINESS IN THE SCHEDULE PREMISES VIDE ANNEXURE - A AND ETC.,

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THIS PETITION, COMING ON FOR ORDERS, THIS DAY,

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ORDER WAS MADE THEREIN AS UNDER:

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HC-KAR

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NC: 2026:KHC:36644 WP No. 19000 of 2024

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CNR: KAHC010403112024

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CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL

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ORAL ORDER

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Petitioner claims to be a tenant in respect of a secured asset, namely shop bearing No. 27, New Municipal No. 11, II Main, APMC Yard (RMC Yard), Yeshwanthpur, Bengaluru, which was purchased by respondent Nos.7 and 8 in a public auction conducted by respondent No.4-Financial Institution in terms of the provisions of S ARFAESI Act.

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2. S ince an alternate effective remedy provided under the Act, the petitioner is at liberty to avail the same if so advised, within 30 days from the date of the receipt of certified copy of this order. If such steps are taken within the stipulated time, time consumed in this writ petition will be considered for condonation of delay.

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Accordingly, the writ petition is disposed of .

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Sd/(M.G.S. KAMAL) JUDGE

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SPV List No.: 1 Sl No.: 4

M/S Ramanatha Agencies v. the State of Karnataka

Case brief

What is this about?

What did the court decide?

M/S Ramanatha Agencies v. the State of Karnataka

Case brief

What is this about?

What did the court decide?

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