Karnataka High Court

WP/28708/2026 of M/S. A. M. ENTERPRISES Vs IDFC FIRST BANK on 11 September 2026

Cites 0, Cited by 0

CNR: KAHC010627392026 NC: 2026:KHC:49959 WP No. 28708 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE C.M. POONACHA WRIT PETITION NO. 28708 OF 2026 (GM-RES) BETWEEN: 1. M/S. A . M. ENTERPRISES REPRESENTED BY ITS

HC-KAR

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

DATED THIS THE 11TH DAY OF SEPTEMBER, 2026

BEFORE

THE HON'BLE MR. JUSTICE C.M. POONACHA

WRIT PETITION NO. 28708 OF 2026 (GM-RES)

BETWEEN:

1.

M/S. A. M. ENTERPRISES

REPRESENTED BY ITS PARTNERS,

S. JAVEED S/O. SAMIULLA

AND SAMEENA BANU, PARTNERSHIP FIRM

OFFICE AT NO. 127,

KHBCS LAYOUT, LAGGERE,

PO PEENYA SMALL INDUSTRIES,

BENGALURU 560 058.

BEARING REGISTRATION NO. 29ABAFA1457G1ZN

2.

SRI S. JAVEED

S/O. SAMIULLA

AGED ABOUT 47 YEARS,

PARTNER, M/S. A.M. ENTERPRISES

OFFICE AT NO. 127, KHBCS LAYOUT,

LAGGERE, PO PEENYA SMALL INDUSTRIES,

BENGALURU 560 058.

3.

SMT. SAMEENA BANU,

W/O. S JAVEED, PARTNER,

M/S. A.M. ENTERPRISES

AGED ABOUT 41 YEARS,

NO. 127, KHBCS LAYOUT,

LAGGERE, PO PEENYA SMALL INDUSTRIES,

BENGALURU 560 058.

…PETITIONERS

(BY SMT. ANKITA PATIL, ADVOCATE FOR

SRI. RAHAMATHULLA KOTHWAL, ADVOCATE)

HC-KAR

AND:

IDFC FIRST BANK

REPRESENTED BY ITS BRANCH MANAGER,

KCA ENCLAVE BRANCH,

2ND FLOOR, POLICE STATION ROAD,

KORAMANGALA,

BENGALURU 560 095.

…RESPONDENT

THIS WP IS FILED UNDER ARTICLE 226 OF THE

CONSTITUTION OF INDIA PRAYING TO DIRECTION TO THE

RESPONDENT

TO

RESTORE

THE

POSSESSION

OF

THE

SCHEDULE PROPERTY TO THE PETITIONERS SUBJECT TO SUCH

TERMS AND CONDITIONS AS THIS HONBLE COURT MAY DEEM

FIT.

THIS

PETITION,

COMING

ON

FOR

PRELIMINARY

HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

CORAM: HON'BLE MR. JUSTICE C.M. POONACHA

Citations and Judicial Treatment

No citing decisions in the index yet

Cited by

0

Decisions in the index citing it

Cites

0

Decisions referred to

In this index

0

Of the decisions it cites

Overruled / Questioned

0

No negative treatment found

Loading the citing and cited decisions…

ORAL ORDER

The present writ petition is filed seeking for the following reliefs: "a. Issue an appropriate writ, order or direction to the respondent to restore the possession of the Schedule Property to the Petitioners subject to such terms and conditions as this Hon'ble Court may deem fit;

b. Issue an appropriate writ, or order quashing the communication dated 28.08.2026 (Annexure- 'A') and consequently restrain the Respondents from taking physical possession of, dispossessing the tenants of the Petitioner from the Schedule

HC-KAR

Property pursuant to the order dated 28.07.2026 passed in [Annexure B] Crl.Misc.No.5483/2026 passed by the Additional Chief Metropolitan Magistrate, Bengaluru.

c. Issue an appropriate writ, order or direction directing the Respondent Bank to consider the Petitioners' request for regularization of the loan account and to grant reasonable time to make payment of the lawful outstanding dues by way of One Time Settlement, subject to such terms and conditions as this Hon'ble Court may deem fit;

d. Issue an appropriate writ or order quashing the order dated 28.07.2026 passed in Crl. Misc.No.5483/2026 passed by the learned XXXI Additional Chief Metropolitan Magistrate, Bengaluru vide Annexure-B.

e. pass any order as it may deem fit in the interest of justice and equity."

2. It is forthcoming that the petitioner seeks to impugn the auction conducted by the respondent - bank which is being taken pursuant to the proceedings having been initiated under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 20021. In view of the alternative remedy available to the petitioner under Section 17 of the SARFAESI Act, the present writ petition is disposed of.

1 Hereinafter referred to as the 'SARFAESI Act'

HC-KAR

3. This order will not preclude the petitioner from availing remedies in accordance with law.

(C.M. POONACHA) JUDGE

ND List No.: 1 Sl No.: 33

You have used today's free searches. Sign in, for free, to keep searching without a limit.

Compass reads the judgments for you and finds the paragraphs for and against your question. Sign in to use it.

My Vault follows judgments for you and records every later decision that cites them. Sign in to keep one.

Sign in to download the court's PDF. The full text stays free to read here.

Sign in, for free, to download the court copy. Reading the full text here stays open to everyone.

Search and read Indian judgments without limits, save them to My Vault and find the relevant paragraphs with Compass.

Open the sign-in page instead