Karnataka High Court
WP/29331/2025 of SRI GURU RAGHAVENDRA SAHAKARA BANK TEVANIDHARARA SANGHA (REGD) Vs THE ADMINISTRATOR on 1 October 2026
CNR: KAHC010634192025 NC: 2026:KHC:54874 WP No. 29331 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1ST DAY OF OCTOBER, 2026 BEFORE THE HON'BLE MR. JUSTICE C.M. POONACHA WRIT PETITION NO. 29331 OF 2025 (GM-KSR) BETWEEN: 1. SRI GURU RAGHAVENDRA SAHAKARA BANK TEVANIDHARARA
HC-KAR
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 1ST DAY OF OCTOBER, 2026
BEFORE
THE HON'BLE MR. JUSTICE C.M. POONACHA
WRIT PETITION NO. 29331 OF 2025 (GM-KSR)
BETWEEN:
1.
SRI GURU RAGHAVENDRA SAHAKARA BANK
TEVANIDHARARA SANGHA (REGD)
REGISTRED ASSOCIATION UNDER KARNATAKA
SOCIETIES ACT, 1960
REPRESENTED BY ITS SECRETARY,
SRL. G K GURURAJA RAO,
AGED ABOUT 69 YEARS,
87, R K SWAMJI ROAD, 1ST BLOCK, THYAGARAJANAGAR, BENGALURU 560028.
2.
V HARISH
AGED ABOUT 58 YEARS,
S/O A VENKATARAMAIAH,
NO 10 OLD NO. 25 SHANTALAYA FIRST FLOOR, 3RD MAIN ROAD TUNGANADI ROAD, DATTATREYA NAGAR HOSAKEREHALLI, VTC BANASHANKARI 3RD STAGE, BANGALORE SOUTH- 560085.
3.
B K MOHAN KUMAR
AGED ABOUT 63 YEARS,
S/O D V KRISHNAMURTHY
11, MANJUSHREE NEW KEMPEGOWDA
LAYOUT NEAR BIG BAZAR KATHRIGUPPE,
BANASHANKARI 3RD STAGE BANGALORE
SOUTH BANASHANKARI III STAGE
BANGALORE, KARNATAKA-560085.
4.
SARVOTHAMA RAO P N.
AGED ABOUT 77 YEARS,
S/O P V NANARAO
NO. 183/3 1ST FLOOR 11TH
CROSS 3RD BLOCK THYAGARAJA
HC-KAR
NAGAR BANGALORE SOUTH -560028.
5.
ROOPA G RAO
AGED ABOUT 60 YEARS,
W/O GURURAJA RAO G K,
NO 3/8 2ND FLOOR SURAJ KRUPA,
35TH A CROSS 15TH MAIN, 4TH T BLOCK
JAYANAGAR, BANGALORE- 560041.
PETITIONERS
(BY SRI. HIRAN KRISHNASWAMY.,ADVOCATE)
AND:
1.
THE ADMINISTRATOR
SRI. GURU RAGHAVENDRA SAHAKARA
BANK NIYAMITA,
NO.15, SUBBARAMA CHETTY
ROAD, NETKALLAPPA CIRCLE,
BASAVANAGUDI,
BENGALURU 560 004.
2.
THE REGISTRAR OF CO-OPERATIVE
SOCIETIES, NO 1, ALL ASKER ROAD,
BENGALURU 560 052.
3.
THE RESERVE BANK OF INDIA,
REP. BY THE REGIONAL DIRECTOR, 10/3/8,
NRUPATHUNGA RD, OPP ST,
NUNEGUNDLAPALLI, AMBEDKAR VEEDHI, BENGALURU, KARNATAKA 560001.
RESPONDENTS
(BY SRI. VIKRAM UNNI RAJAGOPAL.,ADVOCATE FOR R1; SRI. RAHUL CARIAPPA K.S., AGA FOR R2; SRI. PRADEEP S. SAWKAR., ADVOCATE FOR R3.)
THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF
CONSITITUION OF INDIA PRAYING TO DIRECT THE R-1 TO INCLUDE
THE REGISTERED MORTGAGE DEEDS MARKED AS i) ANNX-T
(DOCUMENT BEARING NO. BSK-1-10721-2019-20 REGISTERED ON
20.11.2019) AND ETC,.
THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
HC-KAR
CORAM: HON'BLE MR. JUSTICE C.M. POONACHA
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ORAL ORDER
The present writ petition is filed seeking for the following reliefs:
"1) Issue a writ in the nature of mandamus directing the 1st respondent to include the registered mortgage deeds marked as: i. Annexure-T (Document bearing No.BSK-1- 10721-2019-20 registered on 20.11.2019); ii. Annexure-T1 (Document bearing No.CMP-1- 05657-2019-20 registered on 13.11.2019); iii. Annexure-T2 (Document bearing No.BSK-1- 11251-2019-20 dt 26.11.2019); iv. Annexure-T3 (Document bearing No.BHM-1- 07257-2019-20 registered on 14.11.2019); v. Annexure-T4 (Document bearing No.VNJ-1- 08664-2017-18 registered on 15.12.2017); vi. Annexure-T5 (Document bearing No.CNP-1- 05666-2019-20 registered on 13.11.2019); vii. Annexure-T6 (Document bearing No.JAY-1- 07288-2019-20 registered on 18.11.2019), in the Security Register and to consequently bring the assets mentioned in the said Mortgage Deeds into the books of account;
2) Issue a writ in the nature of mandamus, directing the respondents to consider the representations made on 28.07.2026 and 13.09.2025 enclosed herewith as Annexures V1, V2 and V3;
3) Issue a writ in the nature of a mandamus directing the respondents to maintain the Security Register as recommended by the Auditors;
4) Issue any other direction deemed fit and necessary by this Hon'ble Court."
HC-KAR
2. It is the case of the petitioners that respondent No.1 - Administrator of the Bank in question during the process of the liquidation proceedings has not considered various properties which are the assets of the Bank in as much as various mortgage deeds registered in favour of the Bank have not been taken into consideration.
3. Learned counsel for the petitioners submits that representations dated 28.07.2025 and 13.09.2025 (Annexures- V1 and V2 to the writ petition respectively) have been given to respondent No.1 as well as to respondent No.3 - Reserve Bank of India.
4. Learned counsel for respondent No.1 submits that the representations of the petitioners would be considered within a period of four weeks. It is further submitted that the said time is required since the mortgage deeds, details of which have been furnished in the representations have to be verified and the properties in question have to be identified before any further action is taken on the said representations.
5. At this stage, learned counsel for the petitioners submits that further mortgage deeds of properties have come
HC-KAR
to the knowledge of the petitioners who are the depositors of the Bank during the pendency of the present writ petition. The petitioners seek leave to give another representation to respondent No.1 furnishing details of the same.
6. In view of the aforementioned, the petitioners are permitted to give another representation to respondent No.1 furnishing details / particulars of any further mortgage deeds of the properties within a period of two weeks from date. Respondent No.1 shall consider the representations dated 28.07.2025 (Annexure-V to the writ petition) as well as the representation which shall be given by the petitioners as expeditiously as possible in any event within a period of six weeks from date.
7. The writ petition is disposed of in the aforementioned terms.
(C.M. POONACHA) JUDGE
PNV - List No.: 1 Sl No.: 30