Karnataka High Court

WP/790/2024 of M/S BHUVIKA WATER SUPPLY Vs ANANDRATHI GLOBAL FINANCE LTD on 7 October 2026

2026:KHC:55913

CNR: KAHC010002212024 NC: 2026:KHC:55913 WP No. 790 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 7TH DAY OF OCTOBER, 2026 BEFORE THE HON'BLE MRS. JUSTICE K.S. HEMALEKHA WRIT PETITION NO.790 OF 2024 (GM-DRT) BETWEEN: 1. M/S. BHUVIKA WATER SUPPLY, HAVING ITS OFFICE AT NEW

HC-KAR

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

DATED THIS THE 7TH DAY OF OCTOBER, 2026

BEFORE

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

WRIT PETITION NO.790 OF 2024 (GM-DRT)

BETWEEN:

1.

M/S. BHUVIKA WATER SUPPLY,

HAVING ITS OFFICE AT NEW NO.233,

OLD NO.270, 5TH CROSS,

WEAVERS COLONY,

GOTTIGERE, BENGALURU,

PIN CODE – 560083

REP. BY ITS PROPRIETOR

SRI. CHANDRASHEKAR .C.

2.

SRI CHANDRASHEKAR .C

S/O LATE CHIKRAPANI,

AGED ABOUT 32 YEARS,

3.

SMT. PUSHPALATHA

W/O LATE CHIKRAPANI,

AGED ABOUT 46 YEARS,

BOTH RESPONDENT NOS.2 & 3 ARE

R/AT NEW NO.233, OLD NO.270,

5TH CROSS, WEAVERS COLONY,

GOTTIGERE, BENGALURU,

PIN CODE – 560083.

…PETITIONERS

(BY SRI. RAJANEESH C.M., ADVOCATE (ABSENT))

AND:

ANANDRATHI GLOBAL FINANCE LTD.,

A COMPANY INCORPORATED UNDER

Digitally signed by

MAHALAKSHMI B M

Location: High Court

of Karnataka

HC-KAR

Page 1 of 3

INDIAN COMPANIES ACT, 1956

REGISTERED OFFICE AT EXPRESS ZONE,

A-WING, 8TH FLOOR, WESTERN EXPRESS HIGHWAY, GOREGAON (EAST) MUMBAI-400063

MAHARASTRA,

M. PH. NO.91 2262817002

REPRESENTED BY ITS

AUTHORIZED OFFICER.

…RESPONDENT

(BY SRI. NANDAN KUMAR R., ADVOCATE FOR

SRI. K.V. LOKESH, ADVOCATE)

THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND

227 OF THE CONSTITUTION OF INDIA, PRAYING TO DECLARING

THAT ALL ACTIONS TAKEN BY THE RESPONDENT UNDER

SECTION 13(4) OF THE ACT AS AB-INITIO VOID AND ILLEGAL; SET

ASIDE

THE

E-AUCTION

SALE

NOTICE

DATED

13.12.2023

(ANNEXURE-‘B’) ISSUED BY THE ANANDRATHI GLOBAL FINANCE

LTD., REGISTERED OFFICE AT EXPRESS ZONE, A-WING, 8TH

FLOOR, WESTERN EXPRESS HIGHWAY, GOREGAON (EAST)

MUMBAI-400063, REP. BY AUTHORIZED OFFICER AND ALL

FURTHER ACTIONS TAKEN IN PURSUANT THERETO AND ETC.

THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN

‘B’ GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

CORAM: HON'BLE MRS. JUSTICE K.S. HEMALEKHA

ORAL ORDER

1. There is no representation for the petitioner.

2. The petitioners have approached this Court assailing the E- auction sale notice dated 13.12.2023 issued by the respondent and also seek declaration that the all actions taken by the respondent under Section 13(4) of the Securitisation and Reconstruction of

HC-KAR

Page 2 of 3

Financial Assets and Enforcement of Security Interest Act, 2002 [the SARFAESI Act], as ab-initio, viod and illegal.

3. Learned counsel for the respondent submits that the loan account of the petitioner has been closed.

4. The said submission is taken on record.

5. In view of the submission, the writ petition is disposed of.

Sd/- ____________________ JUSTICE K.S. HEMALEKHA

AT List No.: 1 Sl No.: 17

Page 3 of 3

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