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M/S Triton Motors vs The Authorised Officer
2024 Latest Caselaw 5092 Kant

Citation : 2024 Latest Caselaw 5092 Kant
Judgement Date : 20 February, 2024

Karnataka High Court

M/S Triton Motors vs The Authorised Officer on 20 February, 2024

Author: P.S.Dinesh Kumar

Bench: P.S.Dinesh Kumar

                                                    -1-
                                                             NC: 2024:KHC:7144-DB
                                                                WA No. 855 of 2023




                        IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                           DATED THIS THE 20TH DAY OF FEBRUARY, 2024

                                                   PRESENT

                        THE HON'BLE MR P.S.DINESH KUMAR, CHIEF JUSTICE

                                                     AND

                    THE HON'BLE MR JUSTICE T.G. SHIVASHANKARE GOWDA

                            WRIT APPEAL NO. 855 OF 2023 (GM-DRT)

                   BETWEEN:

                   (IN W.P. No.21676/2022)

                   1.    M/S. TRITON MOTORS
                         REPRESENTED BY ITS PROPRIETOR
                         MR. V. BHASKAR

                         OFFICE AT NO.2,
                         OPP. VETERINARY COLLEGE
                         LAKSHMAIAH BLOCK
                         GANGANAGAR NORTH
                         BANGALORE-560 024

                   2.    SRI. V. BHASKAR
                         S/O LATE SRI. N. VEERASWAMY
Digitally signed         AGED ABOUT 52 YEARS
by YASHODHA N
Location: HIGH     3.    SMT. SREELATHA B.C
COURT OF                 W/O SRI. V. BHASKAR
KARNATAKA
                         AGED ABOUT 45 YEARS

                         BOTH AE RESIDING AT
                         NO.48, MTB ROAD
                         (MAVALLI TANK BUND ROAD)
                         KALASIPALYA CENTRAL RANGE
                         BANGALORE-02

                         (IN W.P. No.11808/2021)

                   1.    M/S. TRITON MOTORS
                         REPRESENTED BY ITS PROPRIETOR
                         MR. V. BHASKAR
                                -2-
                                     NC: 2024:KHC:7144-DB
                                        WA No. 855 of 2023




     OFFICE AT NO.2,
     OPP. VETERINARY COLLEGE
     LAKSHMAIAH BLOCK
     GANGANAGAR NORTH
     BANGALORE-560 024

2.   SRI. V. BHASKAR
     S/O LATE SRI. N. VEERASWAMY
     AGED ABOUT 52 YEARS

3.   SMT. SREELATHA B.C
     W/O SRI. V. BHASKAR
     AGED ABOUT 45 YEARS

     BOTH AE RESIDING AT
     NO.48, MTB ROAD
     (MAVALLI TANK BUND ROAD)
     KALASIPALYA CENTRAL RANGE
     BANGALORE-02

     (IN W.P. No.11811/2021)

1.   M/S. TRITON MOTORS (SPARES)
     REPRESENTED BY ITS PROPRIETOR
     MR. V. BHASKAR

     OFFICE AT NO.2,
     OPP. VETERINARY COLLEGE
     LAKSHMAIAH BLOCK
     GANGANAGAR NORTH
     BANGALORE-560 024

2.   SRI. V. BHASKAR
     S/O LATE SRI. N. VEERASWAMY
     AGED ABOUT 52 YEARS

3.   SMT. SREELATHA B.C
     W/O SRI. V. BHASKAR
     AGED ABOUT 45 YEARS

     BOTH AE RESIDING AT
     NO.48, MTB ROAD
     (MAVALLI TANK BUND ROAD)
     KALASIPALYA CENTRAL RANGE
     BANGALORE-02

     (IN W.P. No.14880/2022)

1.   M/S TRITION MOTORS (SPARES)
     PROPRIETORSHIP FIRM
     REPRESENTED BY ITS PROPRIETOR
                                -3-
                                             NC: 2024:KHC:7144-DB
                                                WA No. 855 of 2023




     MR. V. BHASKAR

     OFFICE AT NO.2,
     OPP. VETERINARY COLLEGE
     LAKSHMAIAH BLOCK
     GANGANAGAR NORTH
     BANGALORE-560 024

2.   SRI. V. BHASKAR
     S/O LATE SRI. N. VEERASWAMY
     AGED ABOUT 52 YEARS

3.   SMT. SREELATHA B.C
     W/O SRI. V. BHASKAR
     AGED ABOUT 45 YEARS

     BOTH AE RESIDING AT
     NO.48, MTB ROAD
     (MAVALLI TANK BUND ROAD)
     KALASIPALYA CENTRAL RANGE
     BANGALORE-02                                     ...APPELLANTS

(BY SHRI. M.A. RAJENDRA, ADVOCATE)

AND:

1.   THE AUTHORISED OFFICER
     CANARA BANK
     ASSET RECOVERY MANAGEMENT-1
     NO.86, SPENCER TOWERS
     M.G.ROAD
     BANGALORE-560 001

     (COMMON IN WP No.21676/2022, WP No.11808/2021,
     WP No.11811/2021, WP No.14880/2022)

2.   THE RECOVERY OFFICER-1
     DEBT RECOVERY TRIBUNAL-DRT-1
     GOVERNEMNT OF INDIA
     MINISTRY OF FINANCE
     DEPARTMENT OF FINANCIAL SERVICES
     JEEVAN MANGAL BUILDING
     IIND FLOOR, NO.4
     RESIDNECY ROAD, BENGALURU-25

     NOW PRESENT ADDRESS (AFTER SHIFTING)
     2(A) THE RECOVERY OFFICER-1
     DEBT RECOVERY TRIBUNAL-DRT-1
     GOVERNMENT OF INDIA
     MINISTRY OF FINANCE
     DEPARTMENT OF FINANCIAL SERVICES
     4TH FLOOR, BSNL BUILIDNG
                                   -4-
                                                     NC: 2024:KHC:7144-DB
                                                        WA No. 855 of 2023




     CUBBON PARK, METRO
     BANGALORE-01

     (COMMON IN WP No.21676/2022, WP No.14880/2022)

3.   SRI. POLLAMREDDY SREEDHAR REDDY
     (AUCTION PURCHASER)
     S/O SRI. P. VENKU REDDY
     NO.25, 1ST MAIN, HGH LAYOUT
     GANGANAGAR
     BANGALORE-032                                         ...RESPONDENTS

(BY MS. B.G. NAYANA TARA ADVOCATE FOR
    SMT. R. SIRI, ADVOCATE FOR C/R3)

      THIS WRIT APPEAL IS FILED UNDER SECTION 4 OF THE KARNATAKA
HIGH COURT ACT PRAYING TO SET ASIDE THE IMPUGNED COMMON ORDERS
PASSED BY THE LEARNED SINGLE JUDGE IN WP No.21676/2022 (GM-DRT)
WP   No.11808/2021     (GM-RES)   WP    No.11811/2021    (GM-RES)   AND      IN
                                   ND
WP No.14880/2020 (GM-DRT) ON 2          JUNE 2023 ANNEXURE-A AND ALLOW
THE WA WITH COST AND GRANT SUCH OTHER RELIEF AS THIS HON'BLE
COURT DEEMS FIT TO GRANT IN THE CIRCUMSTANCES OF THE CASE AND IN
THE INTEREST OF JUSTICE AND EQUITY.


      THIS   WRIT    APPEAL,   COMING    ON   FOR   PRELIMINARY     HEARING,
THIS DAY, CHIEF JUSTICE, DELIVERED THE FOLLOWING:

                               JUDGMENT

This appeal is directed against the common order dated

June 2, 2023, in W.Ps.No.21676/2022, 11808/2021, 11811/2021

& 14880/2020 passed by the Hon'ble Single Judge.

2. Heard Shri M.A.Rajendra, learned advocate for the

appellants and Ms.B.G.Nayana Tara, learned advocate for

respondent No.3.

NC: 2024:KHC:7144-DB

3. Undisputed facts of the case are, appellants-writ

petitioners have borrowed money from the Canara Bank.

The Bank has initiated proceedings before the DRT1 in Original

Applications2 No.829 & 830 of 2017. O.As have been decreed.

Pursuant thereto some of the mortgaged properties has been

auctioned.

4. Learned advocate for the appellants submitted that the

sale conducted before the Recovery Officer is challenged in

W.P.No.7940/2023. Appellants have challenged the order passed

in O.As.No.829 & 830 of 2017 in the instant writ petition.

Hon'ble Single Judge having considered the matter in extenso

has rejected writ petitions reserving liberty to approach DRAT3.

5. The settled position with regard to remedy against the

order passed by the DRT on O.A. filed under Section 19 of

Recovery of Debts and Bankruptcy Act, 1993, is to prefer appeal

under Section 20 before the DRAT. We are at one with the view

taken by the Hon'ble Single Judge. In the circumstance,

this appeal fails and it is accordingly dismissed.

Debt Recovery Tribunal

'O.A.' for short

Debt Recovery Appellate Tribunal

NC: 2024:KHC:7144-DB

6. In view of disposal of this appeal, pending interlocutory

applications, if any, do not survive for consideration and

they stand disposed of.

No costs.

Sd/-

CHIEF JUSTICE

Sd/-

JUDGE

AV

 
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