M/S Sri. Nandi Buildcon v. M/S Autumn Investments and Infrastructure Ltd.
Case brief
What is this about?
Maintainability of writ petition against private bank; SARFAESI possession notice dated 26.12.2025; Rule 8(1) Security Interest Enforcement Rules 2002 r/w Section 13(4) SARFAESI Act 2002; Phoenix ARC Private Limited v. Vishwa Bharathi Vidya Mandir applied; dismissal as not maintainable; remedy before DRT; Section 14 Limitation Act benefit; interim protection continued four weeks; Sri Nandi Buildcon v. Autumn Investments and Infrastructure Ltd.; Karnataka HC, Lalitha Kanneganti J, 01.04.2026.
What did the court decide?
Writ petition dismissed as not maintainable; petitioner at liberty to avail the appropriate remedy before the DRT; interim protection of 16.03.2026 to remain in force for four weeks from receipt of the copy of the order; petitioner to have the benefit of Section 14 of the Limitation Act; all pending I.As. in the writ petition to stand closed.