High Court Karnataka High Court

Kiran Kumar S/O Late M Srinivas … vs Karnataka State Financial … on 5 September, 2008

Karnataka High Court
Kiran Kumar S/O Late M Srinivas … vs Karnataka State Financial … on 5 September, 2008
Author: N.K.Patil
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... RESPONDENTS

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……….. \A.:_r.§’\HI(IVu~\II-\lU\ mun COURT or KARNATAKA HIGH COURT or KARNATAKA HIGH coma-r op KAWA-{AKA “[5” COURT

if
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in Ina 2303 EAR 3344 wherein it is bald by fhe

Biviaimn Bench af this Caurt that, thaufifififigrx
Finacial Carparatian has no authoritf ta sfili’ _ *
thg callaterai sefiurity prep§rtfi gfide£ $ecfi§§§_?

29 mg the axe Act. ,The *s§id Qra§:° §g$~V

confixmaé by the Apex Cofiffi by it§ §rfie£ $#tad

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laarnwd cannsei £qg :$§ :£i§gglf;gspondent
aubifis that; ifi #i§w€§% tfig lfiw laid dawn by
the apex ééfififig figs fi%§fi i§§§§ndent wili net
take §§§ififim a§;in%§3Hth% W%chedule property
under S§Qfiia@’§§ é§ §fi@’S.F.C.Act and hence,

thw petitiéfi flay hé diépfised reserving libarty

Ifnfe’ théirrirst jééfiandant ta take autism in

écéarfiahfig” with law, in the interest ef

E’V jusfi§e_anfi)équity.

n”3, The suhmisaian cf the leaxnsd Counsel

n.

‘V, «£a§§’the first xasyandent made in the News

‘Vfiéésd lfi.86.2GGB, aa statefi ahave is plaaad on

reaard.

……. VII an-Inivlrlu-‘u\l-I naur-I \.UUKE j(.3!’.,.:KARNATAKA HIGH COURT OF KARNATAKA HIGH COURT OF KARNAFAKA §~IEG|-I COLE!’ OF KARNATAKA HIGH COURT

II
Im-

II

3. Tim instant: Writ Fatition succééds

partly. The impugned Crdena dated
gassed by the first xaspondent in
Nos.Ksrc!H.o./sum!187f2o0?ené”}ANDX_K5f¢{g,§}(n?

3fiHBf188f2GG?-QB, Vida Annagapés A.§fi3$ E $%¢OO

quaeshed, reserving livh’ei§’t:y ‘v*.:O1i§’,-_?a
reayandent to taksg né’¢é;3’§3O$:iyA %¢tid$ in
accarfimma wit}: :§g:.’;.:,?.3§1;»:O..’.7a-xgixrised or
need a.r:§.B3fi-

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Sd/-.’
Judge

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