Citation : 2024 Latest Caselaw 4222 Kant
Judgement Date : 12 February, 2024
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NC: 2024:KHC:5781
WP No. 3961 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 12TH DAY OF FEBRUARY, 2024
BEFORE
THE HON'BLE MR JUSTICE M.NAGAPRASANNA
WRIT PETITION NO. 3961 OF 2024 (GM-RES)
BETWEEN:
SMT. UMA SUNDAR POOJARY,
W/O LATE SUNDAR POOJARY,
AGED ABOUT 80 YEARS,
R/AT S15-12-637/2,
MAITHRI SHIVBHAGH ROAD,
BIOSCAN CENTER KADRI MANGALORE,
KANKANADY, MANGALORE,
D.K. - 575 002.
...PETITIONER
(BY SRI. DHANANJAY KUMAR, ADVOCATE)
AND:
1. THE AUTHORIZED OFFICER,
Digitally signed by EXECUTIVE DIRECTOR,
PADMAVATHI B K
MANIPAL HOUSING FINANCE SYNDICATE LTD.,
Location: HIGH
COURT OF MANIPAL HOUSE,
KARNATAKA UDUPI - 576 104.
2. DR. RAMPRASAD,
S/O LATE H.S. POOJARY,
AGED ABOUT 53 YEARS,
R/AT S4 STAN PARK APARTMENTS,
PARK VIEW ROAD, VALENCIA,
MANGALORE - 575 002.
...RESPONDENTS
(BY SRI. B.S. MAHENDRA, ADVOCATE FOR C/R1)
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NC: 2024:KHC:5781
WP No. 3961 of 2024
THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF
THE CONSTITUTION OF INDIA PRAYING TO QUASH THE
NOTICE DATED 29.1.24 AND ALL FURTHER PROCEEDINGS
PURSUANT TO THE NOTICE DATED 29.1.24 BEARING NO. NO
MHF SL/HO/LEGAL/1007/2023-24 ISSUED BY THE R1 VIDE
ANNEXURE-A AND ETC.
THIS PETITION, COMING ON FOR PRELIMINARY
HEARING, THIS DAY, THE COURT MADE THE FOLLOWING:
ORDER
Heard Sri. Dhananjay Kumar, learned counsel appearing
for the petitioner, Sri. B.S. Mahendra, learned counsel
appearing for caveator/respondent No.1 and have perused the
material on record.
2. The petitioner is before this Court calling in
question a notice of sale dated 29.01.2024 calling in question
the order passed by the learned Magistrate under Section 14 of
the Securitization and Reconstruction of Financial Assets and
Enforcement of Security Interest Act, 2002. The petitioner is
before the Debts Recovery Tribunal ('the DRT' for short) in
S.A.No.534/2023.
3. Both the parties submit that the Tribunal has heard
the parties and has reserved the matter for pronouncement of
its judgment, which is directed to be listed on 05.04.2024 for
NC: 2024:KHC:5781
the judgment. In the interregnum the Bank issues the
impugned notice.
4. Since the matter is heard by the Tribunal and
directed to be posted for judgment on 05.04.2024, I deem it
appropriate to direct the Bank to hold its hands till the
judgment is pronounced by the DRT.
5. Learned counsel appearing for the petitioner would
at this juncture submit that the aforesaid observation would
suffice for the present. Therefore, the petition stands disposed
directing that the Bank shall hold its hands till 05.04.2024.
All other contentions are left open and further remedies
would be open to the petitioner after the pronouncement of the
judgment.
Ordered accordingly.
Sd/-
JUDGE
SJK
CT:SNN
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