Mrs K N Nagarathna v. Canara Bank
Case brief
What is this about?
Dismissal of Article 226 writ petition for non-appearance and non-compliance with conditional interim order; Section 14 SARFAESI proceedings by Canara Bank (Nagarabhavi 2nd Stage Branch); prayer for restraint on coercive action against scheduled property till disposal of S.A.No.553/2019 before Debts Recovery Tribunal-I, Bengaluru; interim order of 27.02.2023 conditioned on 20% deposit; automatic-vacatur clause in order dated 11.04.2023; both side advocates absent; no costs, no quantum.
What did the court decide?
The matter did not come up before the Court after 11.04.2023; there being neither any appearance of the petitioner nor any material placed on record regarding compliance with the interim order or the status of S.A.No.553/2019, the Court found no basis to continue consideration of the petition. ¶37