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Karnataka High Court

Smt. Sharadamma vs Indian Overseas Bank on 26 December, 2025

                                       -1-
                                                  NC: 2025:KHC:54777
                                                WP No. 39134 of 2025


             HC-KAR



                  IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                    DATED THIS THE 26TH DAY OF DECEMBER, 2025

                                     BEFORE
                      THE HON'BLE MR. JUSTICE C.M. POONACHA
                    WRIT PETITION NO. 39134 OF 2025 (GM-DRT)


             BETWEEN:

             SMT. SHARADAMMA
             W/O. SRI. RAMAPPA REDDY,
             AGED ABOUT 80 YEARS,
             R/O. HALANAYAKANAHALLI,
             CARMELARAM, BANGALORE SOUTH
             BANGALORE - 560035.
                                                        ...PETITIONER
             (BY SRI. SOMEGOWDA A.N., ADVOCATE)

             AND:

             1.    INDIAN OVERSEAS BANK
                   KORAMANGALA BRANCH,
Digitally          NO.12, MPD TOWER,
signed by
NIRMALA            INDUSTRIAL MAIN ROAD,
DEVI               KORAMANGALA, 5TH BLOCK,
                   BENGALURU- 560 095
Location:
                   REPRESENTED BY ITS
HIGH COURT
OF                 AUTHORISED OFFICER,
KARNATAKA
             2.    M/S. S AND G METAL BUILDING
                   SOLUTIONS (INDIA) PVT. LTD.,
                   HAVING ITS OFFICE AT OLD NO.21,
                   NEW NO.74/2A, K.R. GARDEN,
                   8TH BLOCK, (OPP) NDDB,
                   KORAMANGALA, BANGALORE- 560095
                   REPRESENTED BY ITS MANAGING DIRECTORS,
                   MR. SUDHAKAR R.
                   MRS. GEETHA V.
                            -2-
                                        NC: 2025:KHC:54777
                                    WP No. 39134 of 2025


HC-KAR




3.   MR. SUDHAKAR RAMAIAH REDDY
     DIRECTOR,
     M/S. S AND G METAL BUILDING
     SOLUTIONS (INDIA) PVT. LTD.,
     OFFICE AT OLD NO. 21,
     NEW NO. 74/2A,
     K.R. GARDEN, 8TH BLOCK,
     (OPP) NDDB, KORAMANGALA,
     BANGALORE- 560 095.

4.   MRS. GEETHA. V
     NO. 696, GEETHASUDHA NILAYA,
     2ND A MAIN ROAD, 8TH BLOCK,
     KORAMANGALA,
     BANGALORE- 560 095.
                                           ...RESPONDENTS

(BY SRI. VIVEK.S., ADVOCATE FOR C/R1)
                          -----


     THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND

227 OF THE CONSTITUTION OF INDIA PRAYING TO SET ASIDE

THE AUCTION SALE NOTICE DATED 11.12.2025 AT ANNEXURE-

E ISSUED BY THE RESPONDENT NO.1 WITH RESPECT TO THE

SCHEDULE PROPERTY.


      THIS PETITION, COMING ON FOR ORDERS, THIS DAY,

ORDER WAS MADE THEREIN AS UNDER:

CORAM: HON'BLE MR. JUSTICE C.M. POONACHA
                                  -3-
                                                  NC: 2025:KHC:54777
                                              WP No. 39134 of 2025


 HC-KAR



                            ORAL ORDER

The present writ petition is filed calling in question the Auction Sale Notice dated 11.12.2025.

2. It is the contention of the petitioner that the Mortgagor did not have absolute right, title or interest to mortgage the property and a suit for partition in O.S.No.795/2009 was filed, which was decreed on 22.03.2014. An appeal challenging the said judgment and decree is pending before this Court. It is hence contended that, the entire property could not be brought to sale.

3. The petitioner is calling in question the Auction Sale Proceedings sought to be conducted by the Respondent No.1- Bank under the provisions of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as "SARFAESI Act").

4. In view of the factual questions that arise for consideration in the present case, the present writ petition is disposed of reserving liberty to the petitioner to avail the -4- NC: 2025:KHC:54777 WP No. 39134 of 2025 HC-KAR alternative remedy available under Section 17 of the SARFAESI Act.

Sd/-

(C.M. POONACHA) JUDGE rs List No.: 1 Sl No.: 72