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Sri Pramod Jois M B vs M/S Canfin Homes Pvt Ltd
2025 Latest Caselaw 7964 Kant

Citation : 2025 Latest Caselaw 7964 Kant
Judgement Date : 2 September, 2025

Karnataka High Court

Sri Pramod Jois M B vs M/S Canfin Homes Pvt Ltd on 2 September, 2025

                                                   -1-
                                                           NC: 2025:KHC:34378
                                                           RFA No. 20 of 2022


                      HC-KAR




                           IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                             DATED THIS THE 2ND DAY OF SEPTEMBER, 2025

                                                BEFORE

                               THE HON'BLE MRS. JUSTICE K.S. HEMALEKHA

                           REGULAR FIRST APPEAL NO.20 OF 2022 (DEC/INJ)

                      BETWEEN:

                      1.    SRI PRAMOD JOIS M.B.
                            AGED ABOUT 45 YEARS,
                            S/O BHASKAR JOIS

                      2.    SMT. NAGALAKSHMI SHANKAR
                            AGED ABOUT 40 YEARS
                            W/O SRI PRAMOD JOIS B.M.

                            BOTH ARE RESIDING AT
                            NO.1341/1, 1ST MAIN ROAD,
                            GIRINAGARA,
                            BENGALURU-560085.
                                                                ...APPELLANTS

Digitally signed by
MAHALAKSHMI B M       (BY SRI ABHINAV RAMANAND A., ADVOCATE FOR
Location: HIGH            SRI SURABHI B.L., ADVOCATE)
COURT OF
KARNATAKA
                      AND:

                      1.    M/S. CANFIN HOMES PVT. LTD.,
                            HAVING ITS REGISTERED
                            OFFICE AT NO.29/1,
                            SIR. M.N. KRISHNA RAO ROAD,
                            LALBAGH WEST
                            BENGALURU-560005
                            REPRESENTED BY ITS
                            MANAGING DIRECTOR.
                            -2-
                                        NC: 2025:KHC:34378
                                        RFA No. 20 of 2022


HC-KAR




2.   M/S. CANFIN HOMES PVT. LTD.,
     NO.414, 2ND FLOOR,
     POOJA COMPLEX,
     OLD MADRAS ROAD,
     KRISHNARAJAPURAM,
     BENGALURU-560036
     REPRESENTED BY ITS MANAGER.

3.   SRI RAGHAVENDRA AITHAL
     AGED ABOUT 50 YEARS,
     S/O SRI SEETHARAMA AITHAL
     R/AT FLAT NO.302, PROPERTY NO.21
     PRAMOD LAYOUT, 6TH CROSS,
     8TH MAIN, PANTHARAPALYA POST,
     BENGALURU-560039.
                                           ...RESPONDENTS

(BY SRI D. NARAYANA SWAMY, ADVOCATE FOR R-1 & R-2;
NOTICE TO R-3 - RAGHAVENDRA AITHAL SERVED AND
UNREPRESENTED)


      THIS RFA IS FILED UNDER SECTION 96 R/W ORDER XLI
RULE 1 AND 2 OF CPC., 1908 AGAINST THE ORDER DATED
10.03.2021 PASSED IN O.S.NO.1595/2018 ON THE FILE OF
THE XXX ADDITIONAL CITY CIVIL AND SESSIONS JUDGE,
BENGALURU CITY, DISMISSING THE SUIT FOR DECLARATION
AND MANDATORY INJUNCTION, AS BARRED UNDER THE
PROVISION OF SECTION 34 OF SARFAESI ACT.


      THIS APPEAL COMING ON FOR FINAL HEARING, THIS
DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER:


CORAM:    HON'BLE MRS. JUSTICE K.S. HEMALEKHA
                                   -3-
                                               NC: 2025:KHC:34378
                                               RFA No. 20 of 2022


 HC-KAR




                          ORAL JUDGMENT

The present regular first appeal is preferred by the

plaintiffs assailing the judgment and decree dated

10.03.2021 in O.S. No.1595/2018 on the file of the XXX

Additional City Civil and Sessions Judge, Bengaluru (CCH-

31) (hereinafter referred to as 'Trial Court' for short). By

the judgment and decree, the Trial Court dismissed the

suit, holding that the suit is barred by law under the

Securitization and Reconstruction of Financial Assets and

Enforcement of Security Interest Act, 2002 ('SARFAESI

Act' for short).

2. The respondent-bank has filed a memo stating

that, pursuant to the proceedings initiated by the

respondent-bank under the SARFAESI Act, the property in

question was sold on 02.11.2022, and a sale certificate

has been issued in favour of one Sri S. Gnaneshwar S/o

late Siddappa .B.

NC: 2025:KHC:34378

HC-KAR

3. In light of the said memo filed and the issuance

of sale certificate in respect of the suit property, which

was subject-matter of the proceedings under the

SARFAESI Act, the appeal has become infructuous and

does not survive for consideration.

4. Accordingly, the regular first appeal stands

disposed of as having become infructuous. It is

however, made clear that it is open to the appellants to

avail themselves of such remedies as may be available in

law. The order of the Trial Court shall not preclude the

appellants from independently agitating their claim in

accordance with law, if so advised.

Sd/-

______________________ JUSTICE K.S. HEMALEKHA

MBM

 
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