Case brief
What is this about?
Karnataka High Court (Bengaluru), NC: 2026:KHC:13929; WP No. 7248 of 2026 (GM-DRT); decided 06.03.2026 by Hon'ble Smt. Justice Lalitha Kanneganti (oral order). Petitioner: State Bank of India Stressed Assets Recovery Branch (SARB), Bengaluru (counsel: Kulkarni Hanamantrao). Respondents: (1) The Canara Bank, ARM Branch, Bengaluru (counsel: T.P. Muttanna for R1); (2) Mr. Krishnamurthy N.G.; (3) Mrs. Geetha S. Petition under Articles 226 and 227 of the Constitution of India sought quashing of and interim stay against auction notice dated 09.02.2026 (Annx-E) issued by respondent No.1; auction failed for want of bidders; nothing survived; petition disposed of with liberty to pursue appropriate remedy where cause of action arises; pending IAs closed. No precedent engaged; no quantum involved.
What did the court decide?
Liberty to the petitioner to avail appropriate remedy, wherever the cause of action arises.