High Court Karnataka High Court

Sadiq Hussain S/O Haji Hussain vs The Manager, Indian Bank on 10 March, 2010

Karnataka High Court
Sadiq Hussain S/O Haji Hussain vs The Manager, Indian Bank on 10 March, 2010
Author: Ajit J Gunjal
A *  

IN1EHEHKHICOURT(fl?KARNATAKA_D
CIRCUIT BENCH AT GULBARGA ' C

DATED THIS THE 10TH DAY OF MARCI€*;"2«OVV':'Q:    _

BEFORE

THE HON'BLE MR. JUSTICE A411?  C 

WRIT PETITION N0.8o543 oFE.20aDo (~fgM,gE.E$)_:'; "

BETWEEN

MR. SADIQ HUSSAIN;-.  _ 
s/o HAJI HUSSAIN,  
AGED ABOUT 37 YEARS, 17
PROPRIETOR,'     

M/S BHARAT '_ 
ARAB MJHALDA 'C'E~iOWK,    
RAICHUR,    * A " 

R/AT :H.NO;£3,§5-   
KOTTALAR,  ~ ' * ...PETITIONER

(BY SR1 s'LIDARSH2m; SR1 P R KULKARNI,
s NA.S..,ASSOCIATES] v

 A-.1'} ~.THE::M.AfiAC:ER,

INDIAN BAAIK:
GUNJ ROA,13,

 §_RA1c11UR BRANCH,
A  EFAEAICHDR.

  2," THE AUTHORISED OFFICER,



30

INDIAN BANK, RAICHUR.

3. THE BANKING OMBUDSMAN,
THE RESERVE BANK OF INDIA.
D.NO. IO~3-8, NRUPATUNGA ROAD,    
BANGALORE. 
(BY SR1 P s MALIPATIL, Am/., FOR R1     In I
*******i:mMd. ' d

This writ petition isefilied   
227 of the Constitution of 'India, prayi'r1gj't_o 'quash the'
intended sale notice dated 2'9v.'1Q.2009 ._ issued by the
respondent Bank at A_T.1 I1€Xl.l'I'€ E_:'e.I1'd_etc., '  "

This petition coniing this day. the
Court made the._fo1lowing;:~. ‘ ‘

IE,fve*n’ theghiiiiatter is listed for orders on

application’ forI§aca’ti’i1é’\.’i’stay. with the consent of both

, ‘_ the ‘tgonrisel, matter is taken up for final disposal.

petitioner had availed a loan of

Rsi’E5;’0O,.The Annexure ‘E’ is

‘..li’oerty is reserved to the
to proceed after the reply
Vdfietitioner to Section 13(2) notice

shall file his reply to notice under
13(2) within a period of four weeks

a V \’ A1″ from today. He shall not wait for the certified ft}

in

copy of this order. Parties will act an the

directions issued.

(3) Pursuant to the order passed’

petitioner has deposited;

Rs.3,00,000/– [RVuapveesV–“~T’hree hriiy}-.ti’

before this Court?’-.,:_ Respch’der_it_:bank is
permitted -same and the
withdrawal amount shall be

Rule .i:f1«étcie_ahs01ute to the extent
indicated ahoxfe’; %
The;-.:.applicatief1′ fQr…\i”acating stay does not survive
for_cet1s’ide1*a’tioiit.stud the same is rejected. 3

se/~
FUDGE