Dismissed¶¶35

Sri Vinayaka Social Cultural Educational and Charitable Trust v. the Authorised Officer

Karnataka HC4 Jun 2026WP/4558/2022

Case brief

AI extract

What is this about?

SARFAESI Act enforcement; sale notice dated 19.01.2022; auction fixed 25.2.2022; Sir M. Visveshvaraya Co-operative Bank Ltd.; Authorised Officer; alternate and effective remedy; writ petition dismissed as infructuous; Article 226 Constitution of India; High Court of Karnataka at Bengaluru; WP No. 4558 of 2022 (GM-RES); M.G.S. Kamal J.; NC: 2026:KHC:26348; none appeared for petitioners; liberty reserved to pursue remedies under law.

What did the court decide?

Liberty reserved to the petitioner to avail such remedy as may be available under law. ¶¶35

Sri Vinayaka Social Cultural Educational and… — Banking and Recovery | Karnataka HC (2026)

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NC: 2026:KHC:26348 WP No. 4558 of 2022

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HC-KAR

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU

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DATED THIS THE 4^TH DAY OF JUNE, 2026

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BEFORE

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THE HON'BLE MR. JUSTICE M.G.S. KAMAL

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WRIT PETITION NO. 4558 OF 2022 (GM-RES)

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BETWEEN:

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SRI VINAYAKA SOCIAL CULTURAL EDUCATIONAL AND CHARITABLE TRUST

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SY.NO.18/2 MEL KRISHNAPURAM VILLAGE, OORGAUMPET POST,

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KGF-563 122 REPRESENTED BY

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SHRI P.A.SARAVANA VEL PRESIDENT SMT.S.SHANTHI SECRETARY/PRINCIPLE KUM.S.DIVYASHREE TREASURER.

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SHRI SARAVANAVEL P.A. (TREASURER) SY.NO.18/2, MEL KRISHNAPURAM VILLAGE, OORGAUMPET POST, KGF-563 122.

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

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SMT.S.SHANTHI/PRINCIPLE SY.NO.18/2 MEL KRISHNAPUAM VILLAGE, OORGAUMPET POST, KGF-563 122.

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SUM.DIVYASHREE SY.NO.18/2 MEL KRISHNAPURAM VILLAGE, OORGAUMPET POST, KGF-563 122.

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…PETITIONERS

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(BY SMT. KANCHAN SRINIVASAN CHETTY.,ADVOCATE)

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AND:

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THE AUTHORISED OFFICER SIR M.VISVESHVARAYA CO-OPERATIVE BANK LTD., 109 CORPORATE OFFICE, SHANKARMUTT ROAD,

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NC: 2026:KHC:26348 WP No. 4558 of 2022

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HC-KAR

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SHANKARAPURAM, BANGLAORE-560 004.

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…RESPONDENT

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(BY SRI. LOKESH K V AND LAW VIBES.,ADVOCATE)

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THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE SALE NOTICE DATED.19.01.2022 AND FIXED THE AUCTION ON 25.2.2022 UNDER ANNEXURE-A.

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THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

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

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ORAL ORDER

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None appears for the petitioners.

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Issue raised in this petition is with regard to the steps initiated by the respondent-Bank under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act.

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3. Since alternate and effective remedy is provided under the SARFAESI Act, re serving liberty to the petitioner to avail such remedy as may be available under law, petition is dismissed as

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having become infructuous .

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

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RL List No.: 1 Sl No.: 6

Sri Vinayaka Social Cultural Educational and Charitable Trust v. the Authorised Officer

Case brief

What is this about?

What did the court decide?

Sri Vinayaka Social Cultural Educational and Charitable Trust v. the Authorised Officer

Case brief

What is this about?

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What the court decided

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