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THE HIGH COURT OF KARNATAKA
Anu Sivaraman, Venkatesh Naik T, JJ
Canara Bank – Appellant
Versus
Competent Authority – Respondent
| Table of Content |
|---|
| 1. attachment of properties under the kpidfe act regarding financial establishments and their directors. (Para 1 , 3 , 4 , 5 , 6) |
| 2. statutory primacy of the kpidfe act over the sarfaesi act for attached properties. (Para 7 , 8 , 9 , 10 , 11 , 12 , 13) |
| 3. applicability of the limitation act to special court proceedings under the kpidfe act. (Para 14 , 15) |
THIS MFA IS FILED UNDER SECTION 16 OF THE KARNATAKA PROTECTION OF INTEREST OF DEPOSITORS IN FINANCIAL ESTABLISHMENTS ACT, 2004, AGAINST THE ORDER DATED 20.07.2024 PASSED IN MISC. PETITION NO.202/2024 ON THE FILE OF THE XCI ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, SPECIAL JUDGE FOR KPIDFE CASES, BENGALURU (CCH 92), ALLOWING THE PETITIONS FILED U/S.5(2) OF THE KPIDFE ACT, 2004 WITH COST.
THIS APPEAL HAVING BEEN HEARD AND RESERVED FOR JUDGMENT ON 02.06.2026 AND COMING ON FOR PRONOUNCEMENT OF JUDGMENT THIS DAY, ANU SIVARAMAN J., PRONOUNCED THE FOLLOWING:
CORAM: HON'BLE MRS. JUSTICE ANU SIVARAMAN
and
HON'BLE MR. JUSTICE VENKATESH NAIK T
CAV JUDGMENT
(PER: HON'BLE MRS. JUSTICE ANU SIVARAMAN)
1. This Miscellaneous First Appeal is preferred against the Order dated 20.07.2024 passed by the XCI Additional City Civil and Sessio
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