C M Mupasil @ Saddam v. Union Bank of India
Case brief
What is this about?
Karnataka HC (Bengaluru), single Judge (M.G.S. Kamal), NC: 2026:KHC:9844, WP No. 884 of 2022 (GM-RES), order dated 18-02-2026: Article 226 writ by SARFAESI borrowers against Union Bank of India, Bhadravathi Branch, seeking quashing of e-auction letter dated 04.01.22 (Annexure-H); petitioners had filed Section 17 SARFAESI application No.301/2025 challenging the sale (interim stay granted); Rs.4.5 crore stated due after substantial interim payment; alternative efficacious remedy already availed, so writ disposed of with liberty to approach the Debt Recovery Tribunal, Bank to consider in accordance with law.
What did the court decide?
No quashing of the e-auction letter dated 04.01.22 was directed; the petitioners were given liberty to pursue their remedy before the Debt Recovery Tribunal, which the respondent/Bank is to consider in accordance with law.