SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2024 Supreme(Online)(Kar) 38655

KARNATAKA HIGH COURT
MR NARASIMHAMURTHY T – Appellant
Versus
M/S UNION BANK OF INDIA – Respondent


ORDER

The petitioners are before this Court, seeking the following prayers:

"i. Quash by issuance of Writ in the nature of certiorari or any other Writ the impugned Notice dated 28/08/2023 under Section 13(2) bearing Ref No.OR/21311/9406/2023 vide Annexure-C andPossession Notice dated 2501/2024under Section 13(4) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 r/w. 8(1) of the Security Interest (Enforcement) Rules, 2002, vide Annexure-D issued by the Respondent Bank.

ii. Grant such other reliefs as this Hon'ble Court deems fit and proper in the interests of Justice and Equity."

2. Heard Sri. Krishna S. Vyas, learned counsel appearing for the petitioners, Smt. K.V. Harshitha Raj, learned counsel appearing for the caveator/respondent and have perused the material on record.

3. Learned counsel appearing for the Bank would submit that the sale has already taken place and sale certificate is issued in favour of the auction purchaser. After the auction purchaser paying the entire amount, what remains is the execution of the Sale Deed in favour of the auction purchaser. On the aforesaid circumstance, the learned counsel would submit t

Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top