Dismissed¶35

M/S Sanvi Auto Agencies v. Hero Fincorp Ltd.

Karnataka HC17 Feb 2026WP/7310/2025

Case brief

AI extract

What is this about?

NC: 2026:KHC:9771; WP No. 7310 of 2025 (GM-DRT), High Court of Karnataka at Bengaluru, Ashok S. Kinagi, J., decided 17.02.2026. Petitioners: Sanvi Auto Agencies, Vidya AD, H.M Savithri, Deepak S G (counsel Vinod Kumar M.). Respondent: Hero Fincorp Ltd (counsel Chandrashekar S N). Challenge to auction notice dated 24.02.2025 (No. AN/HFCL/SAA/25/AN-2/1, Annexure 'D'); prayer to close loan under OTS scheme. Disposed as: no auction held on the fixed date; writ petition dismissed as infructuous. Key terms: auction notice, infructuous writ petition, OTS scheme, Articles 226/227, non-banking financial corporation.

What did the court decide?

Since no auction was held on the date fixed in the auction notice (Annexure 'D'), nothing survives for consideration in this writ petition. ¶34

M/S Sanvi Auto Agencies Vs Hero Fincorp Ltd. — Company and Corporate | Karnataka HC (2026)

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NC: 2026:KHC:9771 WP No. 7310 of 2025

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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 17^TH DAY OF FEBRUARY, 2026

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BEFORE

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THE HON'BLE MR. JUSTICE ASHOK S.KINAGI

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WRIT PETITION NO. 7310 OF 2025 (GM-DRT)

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BETWEEN:

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M/S SANVI AUTO AGENCIES HAVING ITS OFFICE AT NO. 12, 13, 14, 21, PALANAJO GAHALLI, DODDABALLPUR, BANGALORE 561203, KARNATAKA REPRESENTED BY ITS PROPRIETOR

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Digitally signed by KIRAN KUMAR R

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Location: HIGH COURT OF KARNATAKA

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MS. VIDYA AD PROPRIETOR, AGED 38 YEARS W/O DEEPAK RESIDING AT SHREE NILAYA, 1ST WARD, BEHIND VOKKALIGARA BHAVANA, GANGADHARAPURA, DODDABALLPUR, BANGALORE 561203,

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MS.H.M SAVITHRI AGED 65YEARS W/O R GOPAL RESIDING AT SRI NILAYA, GANGADHARAPURA, DODDABALLPUR, BANGALORE – 561203

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SRI DEEPAK S G S/O R GOPAL AGED 45 YEARS

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2 - NC: 2026:KHC:9771 WP No. 7310 of 2025

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HC-KAR

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RESIDING AT: SHREE NILAYA, 1ST WARD, BEHIND, VOKKALIGARA BHAVANA, GANGADHARAPURA, DODDABALLPUR, BANGALORE 561203,

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…PETITIONERS

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(BY SRI. VINOD KUMAR M., ADVOCATE)

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AND:

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HERO FINCORP LTD A NON BANKING FINANCIAL CORPORATION DULY REGISTERED UNDER INDIAN COMPANIES ACT HAVING ITS REGISTERED OFFICE AT NO 34, COMMUNITY CENTRE, BASANT LOK, VASANT VIHAR NEW DELHI 110057 REP. BY REGIONAL MANAGER

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…RESPONDENT

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(BY SRI. CHANDRASHEKAR S N., ADVOCATE)

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THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE AUCTION NOTICE ISSUED BY THE RESPONDENT BANK DATED 24/02/2025 IN NO. AN/HFCL/SAA/25/AN-2/1, IN SO FAR AS PETITIONER CONCERNED AND PRODUCED AT (ANNEXURE-D). DIRECT THE RESPONDENT TO CLOSE THE LOAN AS PER THE OTS SCHEME AVAILABLE AS ON THIS DAY TO THE PETITIONER.

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

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CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI

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NC: 2026:KHC:9771 WP No. 7310 of 2025

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HC-KAR

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ORAL ORDER

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