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The Citizen Co-Operative Bank Limited vs Mr. Azeez Khan
2024 Latest Caselaw 5003 Kant

Citation : 2024 Latest Caselaw 5003 Kant
Judgement Date : 19 February, 2024

Karnataka High Court

The Citizen Co-Operative Bank Limited vs Mr. Azeez Khan on 19 February, 2024

Author: M.Nagaprasanna

Bench: M.Nagaprasanna

                                               -1-
                                                           NC: 2024:KHC:6928
                                                        WP No. 4970 of 2024




                        IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                          DATED THIS THE 19TH DAY OF FEBRUARY, 2024

                                            BEFORE
                          THE HON'BLE MR JUSTICE M.NAGAPRASANNA
                           WRIT PETITION NO. 4970 OF 2024 (GM-RES)
                   BETWEEN:

                   THE CITIZEN CO-OPERATIVE BANK LIMITED
                   NO. 651/A, 1ST MAIN ROAD
                   "D" BLOCK, 2ND STAGE
                   DR. RAJKUMAR ROAD, RAJAJINAGAR
                   BENGALURU - 560 010
                   REP. BY ITS AUTHORIZED SIGNATORY
                   MR. KANAKA BUSHANA H. D.,
                                                               ...PETITIONER
                   (BY SRI. K.V.LOKESH, ADVOCATE)

                   AND:

                   1.    MR. AZEEZ KHAN
                         S/O GAIBAN KHAN
Digitally signed         NO. 26, 1ST CROSS
by NAGAVENI
                         RAHMATH NAGAR
Location: HIGH
COURT OF                 OPP. ESI QUARTERS, R.T.NAGAR
KARNATAKA                BENGALURU - 560 032.

                   2.    MRS. SHABEEN TAJ
                         W/O AZEEZ KHAN
                         NO. 26, 1ST CROSS
                         RAHMATH NAGAR
                         OPP. ESI QUARTERS, R.T.NAGAR
                         BENGALURU - 560 032.
                                 -2-
                                                NC: 2024:KHC:6928
                                            WP No. 4970 of 2024




3.   MR. ABRAHAR KHAN
     S/O AZEEZ KHAN
     NO. 26, 1ST CROSS
     RAHMATH NAGAR
     OPP. ESI QUARTERS, R.T.NAGAR
     BENGALURU - 560 032.
                                                  ...RESPONDENTS



     THIS WRIT PETITION IS FILED UNDER ARTICLES 226
AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO
DIRECTION TO THE HONBLE 32ND ADDL. CHIEF METROPOLITAN
MAGISTRATE COURT TO EXPEDITE HEARING AND THEREAFTER
PASS ORDERS IN CRL. MISC. 6325/2022 VIDE ANNEUXRE-A IN
ACCORDANCE WITH LAW.

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

Heard the learned counsel appearing for petitioner.

2. Learned counsel for the petitioner submits that the

issue in the lis stands covered by the judgment rendered by the

co-ordinate bench of this Court in W.P.No.10608 of 2023.

3. The co-ordinate bench of this Court, in W.P.No.10608

of 2023 by its order dated 11-07-2023 has held as follows:

"The short grievance of the petitioner is to long pendency of Section 14 application at the hands of the jurisdictional Magistrate for the coercive action of loan recovery. Learned Panel Counsel appearing for the Petitioner submits that the "Securitization and Reconstruction of Financial Assets and Enforcement of

NC: 2024:KHC:6928

Security Interest Act, 2002" (for short 'SARFAESI Act') has been enacted by the Parliament for the speedy & easy recovery of debts, and therefore, long pendency militates against the intent of legislation. He also points out that the statute prescribes a period of 30 days within which such applications need to be disposed off.

2. Notice to the respondents is dispensed with since there is no requirement in law of issuing such notice in proceedings under Section 14 of the Act and therefore, there is no requirement of issuance of notice in the writ proceedings that arise from such a pending application.

3. Having heard the learned counsel for the petitioner and having perused the petition papers, this Court is broadly in agreement with the submission made on behalf of the petitioner and therefore consistent with a catena of decisions rendered by this Court, the petition is favoured.

The learned X Additional Chief Metropolitan Magistrate, Bengaluru, is requested to hear and dispose of the subject application within an outer limit of four weeks in accordance with law and report compliance to the Registrar General of this court."

In view of the issue being covered by the judgment of the

co-ordinate Bench, as quoted supra on all its fours, the subject

petition is also disposed in the same terms.

Sd/-

JUDGE

BKP

CT:SS

 
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