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Sri. N. Basaveshwara vs Indian Over Seas Bank
2024 Latest Caselaw 3560 Kant

Citation : 2024 Latest Caselaw 3560 Kant
Judgement Date : 6 February, 2024

Karnataka High Court

Sri. N. Basaveshwara vs Indian Over Seas Bank on 6 February, 2024

Author: M.Nagaprasanna

Bench: M.Nagaprasanna

                                              -1-
                                                          NC: 2024:KHC:5040
                                                       WP No. 20144 of 2023




                      IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                        DATED THIS THE 6TH DAY OF FEBRUARY, 2024

                                           BEFORE
                        THE HON'BLE MR JUSTICE M.NAGAPRASANNA
                        WRIT PETITION NO. 20144 OF 2023 (GM-RES)


                 BETWEEN:

                 1.    SRI. N. BASAVESHWARA
                       S/O NAGAIAH
                       AGED ABOUT 49 YEARS.

                 2.    SMT.G.PUSHPA
                       W/O N.BASAVESHWARA
                       AGED ABOUT 44 YEARS.

                       BOTH PETITIONERS RESIDING AT
                       NO.32, KHATHA NO.72 AND 71/7,
                       BOMMANAHALLI CMC, KATHA NO.164,
                       PRESENT KHATHA NO.603/72 AND 71/7/32,
                       VENKATARAYAPPA LAYOUT,
Digitally signed by    HONGASANDRA VILLAGE,
PADMAVATHI B K
                       BEGUR HOBLI,
Location: HIGH
COURT OF               BENGALURU - 560 068.
KARNATAKA                                                      ...PETITIONERS
                 (BY SRI GURUPRASAD C.REDDY, ADVOCATE FOR
                     SRI CHANDRASHEKARA REDDY M.V., ADVOCATE)

                 AND:

                 1.    INDIAN OVERSEAS BANK,
                       BANNERGHATTA ROAD BRANCH,
                       NEW NO.12 AND 13, N.S. PALYA,
                       IND.AREA, 1ST CROSS,
                                  -2-
                                                  NC: 2024:KHC:5040
                                             WP No. 20144 of 2023




     NEXT TO SHOPPERS STOP,
     BANNERGHATTA,
     BENGALURU - 560 076
     REPRESENTED BY ITS MANAGER.

2.   SHILPA RAM
     AGED MAJOR, R/AT. 638,
     SRI LAKSHMI NILAYA,
     1ST CROSS, KONANAKUNTE,
     BENGALURU - 560 062.
                                                     ...RESPONDENTS
(BY SRI KESHAVA BHAT S.N., ADVOCATE FOR R-1;
    R-2 SERVED)


     THIS WRIT PETITION IS FILED UNDER ARTICLES 226
AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO A)
ORDER OR DIRECTION, SETTING ASIDE E-AUCTION SALE
HELD ON 07/07/2023 AS PER SALE INTIMATION LETTER
DATED 07/07/2023 ISSUED BY THE RESPONDENT BANK AS
PER ANNEXURE-B, AND CONSEQUENTLY AND ETC.,


    THIS WRIT PETITION, COMING ON FOR PRELIMINARY
HEARING, THIS DAY, THE COURT MADE THE FOLLOWING:
                               ORDER

The petitioners are before this Court seeking the following

prayers:

"(a) Issue a writ of certiorari or any other appropriate writ, order of direction, setting aside e - action sale held on 07.07.2023 as per sale intimation letter dated 07.07.2023 issued by the Respondent Bank as per Annexure - B, and consequently;

(b) To set aside order dated 17/01/2022 passed by the XLI Additional Chief Metropolitan Magistrate in Crl.

Misc. Pet. No. 4412/2020 filed by the Respondent

NC: 2024:KHC:5040

Bank under S. 14 of the SARFAESI Act as per Annexure - L and;

(c) Grant such other relief in the interest of justice."

2. Heard Sri.Guruprasad.C.Reddy, learned counsel

appearing for petitioners and Sri.Keshava Bhat.S.N., learned

counsel appearing for respondent No.1.

3. This Court has passed a slew of orders right from

31-10-2023. The interim order so passed by this Court is

complied with, is the submission of the learned counsel for

petitioners, which is acknowledged in admission by the 1st

respondent/Bank.

4. Learned counsel for petitioners projects the issue to be

in the realm of seriously disputed question of fact, as the notice

is said to be unserved upon the petitioners. But the learned

counsel for the 1st respondent/Bank taking this Court through

the documents appended to the petition would seek to

demonstrate that it is in fact served to the address that was

furnished by the petitioners. Therefore, submissions and contra

NC: 2024:KHC:5040

submissions undoubtedly would be in the realm of disputed

questions of fact.

5. The fact remains that the property mortgaged to the

1st respondent/Bank is already sold and sale certificate is also

issued to the auction purchaser which is yet to be registered.

Learned counsel also disputes the manner in which the sale

certificate is issued and the time of such issuance. However, in

view of the sale having taken place and more so, in the light of

the judgment rendered by the Apex Court in the case of CELIR

LLP VS. BAFNA MOTORS (MUMBAI) PVT. Ltd., reported in

2023 SCC OnLine SC 1209, the petition would undoubtedly

lie before the Debts Recovery Tribunal and not before this

Court.

6. In the light of the interim order subsisting in the case

at hand, I deem it appropriate to extend the same for a further

period of two weeks to enable the petitioners to avail of any

such remedy as is available in law. In the event the petitioners

would not approach the DRT within four weeks from today,

protective order that is granted would automatically vanish. All

NC: 2024:KHC:5040

the contentions are left open. The petitioners are also at liberty

to knock at the doors of the appropriate fora in the event of

need.

7. With the aforesaid observations, petition stands

disposed.

Sd/-

JUDGE

BKP

 
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