M/S Jalsa v. the Authorised Officer
Case brief
What is this about?
SARFAESI Act 2002 proceedings; notice under Rule 8(6) and 9 of Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (Annexure-B); Authorised Officer, City Union Bank Limited, Jayanagar Branch; borrower/petitioner M/s. Jalsa, proprietor Mrs. Vijay Kumari; writ petition under Articles 226 and 227 of the Constitution; conditional interim order dated 21.02.2022 requiring 30% deposit (three tranches of 10%); petitioner and counsel absent, no compliance on record; alternative remedy under Section 17 SARFAESI Act; liberty reserved to avail statutory remedy; writ petition dismissed; High Court of Karnataka at Bengaluru; GM-RES; decision dated 10 February 2026.
What did the court decide?
The writ petition was dismissed as none appeared for the petitioner and there was nothing on record to show compliance with this Court's interim order dated 21.02.2022 requiring deposit of 30% of the amount due.