{"id":35869,"date":"2010-10-06T00:00:00","date_gmt":"2010-10-05T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/smt-sundramma-vs-the-managing-director-on-6-october-2010"},"modified":"2018-03-10T02:29:01","modified_gmt":"2018-03-09T20:59:01","slug":"smt-sundramma-vs-the-managing-director-on-6-october-2010","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/smt-sundramma-vs-the-managing-director-on-6-october-2010","title":{"rendered":"Smt Sundramma vs The Managing Director on 6 October, 2010"},"content":{"rendered":"
Karnataka High Court<\/div>\n
Smt Sundramma vs The Managing Director on 6 October, 2010<\/div>\n
Author: Mohan Shantanagoudar<\/div>\n
IN THE HIGH COURT OF KARNATAKA AT BANGALORE\nDATED THIS THE 5*\" om! OF OCTOBER 2010 __\n\nBEFORE\n\nTHE HON'BLE MRJUSTICE MOHAN 5HANTAl$\u00a7}3i6\"\u20ac:3f$.E55\"Ai2{\"'*\" ~\n\nwan PETITION NO.3215:Of2O1O(\u00e9MV}'F%esj'.\"'   \"\n\nBETWEEN I\n\nM \/ s Elcicon Associates\n\n(1) Private Limited  _\nHaving its registered office a;g..._. _  \"\nNo.1001, Sri. Vaishnax\/i\"\u00ab--   ~\n12th 'A' Main Road \" * '\n\n11 Cross,      \nIndiranagar   ,  a  \nBangalore -=\u00ab,5'6G,;_:QO8 _   A\nRepreVsented.Vf::)y its V' a\nManaging Dire'\u00a3.:tO_f'Vi   -\nMr.K.C'.-.Varghese'v   ~ \n\n. . PETITIONER\n\n [By Sri.K'.SiHarish & Sri. S.J.Chouta, Advs.)\n\nS-tate Banig; of Travencore\n\n(Associateviof State Bank of India}\nResidency Road Branch\n\n 10%, Castle Street\n* Ashoknagar\n\nit 'Bangalore \u00bb~ 560 025.\n\n. . RESPONDENT<\/pre>\n
This writ petition is \ufb01led under Articles 226 and
\n227 of the Constitution of India with a prayer to quash<\/p>\n
by writ of certiorari or any other appropriate writ or
\norder or direction in the nature of writ, the notice .o”\u00a3the
\nrespondent dtd.6.9.10 as per Annex~–H.  7<\/p>\n
This writ petition is coming on for__–*ji3re’lirS”iin:C1rg_V”.<\/p>\n
hearing, this day, the Court made the followiiigz V  ‘<\/p>\n
oaosa  S in S<\/p>\n
The petitioner has solu._gii.t for”quashir1gt-thenotice2it’<\/p>\n
issued under Section…’13(2}—-oi”p’:–thep’.Securitisation and
\nReconstruction of  Enforcement of
\nSecurity Interes:t’:Act\u00a7g\ufb01tlO_\u00e9  ‘Act, 2002’) by
\nwhich the   asked to file its
\n  ariy; The petitioner has also
\nsought-for a direc_tivon:Vtoiitthehrespondent–Bank to release<\/p>\n
the. _titlell\u00b0= docurnen_ts*~”g in relation to the property<\/p>\n
‘  – Arr’1eriti.one’d in thle”‘ietter Annexure ‘G’.<\/p>\n
entitlernent of the petitioner for title deeds<\/p>\n
deupen’ds.’upon an ultimate decision to be taken under<\/p>\n
it  Ste-curitization Act. The respondent — Bank has issued<\/p>\n
Algnotice to the petitioner under Section 13(2) of the Act<\/p>\n
2002 as required in law. it is for the petitionerw<\/p>\n
company to file its Statement of objections and raise all<\/p>\n
\\,\/3<\/p>\n
relevant grounds as are available to it in law. The
\npetitioner–company cannot rush to this Court by filing<\/p>\n
the writ petition questioning the said notice.<\/p>\n
Accordingly, writ petition stands  _<\/p>\n
iiberty to the petitioner to \ufb01ie Statement o_f’Obj.e_etions_to.r: ‘4 <\/p>\n
the notice issued under Section.’1i3′[2}Ai’  <\/p>\n
accordance with law. If obje_c’ti,ons are filed, same –. i’<\/p>\n
shall be considered on’r.nerits,_._._VVV:A’ <\/p>\n
All questions are  <\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court Smt Sundramma vs The Managing Director on 6 October, 2010 Author: Mohan Shantanagoudar IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 5*” om! OF OCTOBER 2010 __ BEFORE THE HON’BLE MRJUSTICE MOHAN 5HANTAl$\u00a7}3i6″\u20ac:3f$.E55″Ai2{“‘*” ~ wan PETITION NO.3215:Of2O1O(\u00e9MV}’F%esj’.”‘ ” BETWEEN I M \/ s Elcicon Associates (1) Private Limited _ […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,20],"tags":[],"class_list":["post-35869","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nSmt Sundramma vs The Managing Director on 6 October, 2010 - Free Judgements of Supreme Court & High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/smt-sundramma-vs-the-managing-director-on-6-october-2010\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Smt Sundramma vs The Managing Director on 6 October, 2010 - 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