Authority: High Court of Karnataka at Bengaluru
Order Date: 8 July 2026
Case Overview
- Petitioners: Mr. S. Inayathulla and Mrs. Thaseen Taj, residents of Bengaluru, filed Writ Petition No. 19604 of 2026 under Article 226 seeking to quash an intimation notice dated 19‑06‑2026 and an order dated 10‑06‑2026 issued by M/s Authum Investment and Infrastructure Ltd. under Section 14 of the SARFAESI Act (Crl.Misc.No.3506/2026).
- Respondent: M/s Authum Investment and Infrastructure Ltd., a non‑banking finance company, had obtained a Section 14 order allowing it to enforce security; a vacating notice was later issued.
- Petitioners argued that the intimation and order should be set aside; counsel for both sides presented arguments.
- The Court observed that Section 14 orders are appealable before the Debt Recovery Tribunal (DRT) and cannot be challenged via writ jurisdiction; Article 226 cannot be used to bypass statutory remedies. Supreme Court precedents, including United Bank of India v. Satyawati Tondon, were cited.
Final Outcome
- The writ petition is dismissed; any interim relief granted stands discharged and pending interlocutory applications are disposed of.
Topics: SARFAESI Act, Writ Petition, Banking Regulation