-1- IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 17TH DAY OF JUNE, 2013 BEFORE THE HON'BLE MR.JUSTICE MOHAN .M. SHANTANAGOUDAR WRIT PETITION NOS.14158-14159/2011(GM-RES) BETWEEN : 1. M. Suresh S/o late Munisubbanna Aged about 53 years 2. Mrs. S. Umadevi W/o M. Suresh Aged about 48 years Both are presently R/a No.950, 24th Main, Jayanagar 4th 'T' Block, Bangalore-560 041. ..Petitioners (By M/s. Harish & Co., Adv.,) AND : 1. M/s. UCO Bank Ltd., Head Office No.10, BTM Serani Brabourne Road Kolkata-700 001 Rep by its Chairman & Managing Director. 2. The Senior Manager Uco Bank Ltd., Jayanagar Branch -2- Bangalore. 3. The Zonal Manager Zonal Office Ltd., Uco Bank, 13/22 KG Road, II Floor Bangalore-560 009. 4. The Chairman & Managing Director M/s. UCO Bank Ltd., Head Office No.10, BTM Serani Brabourne Road Kolkata-700 001. 5. The Authorised Officer UCO Bank Ltd., Jayanagar Branch Bangalore. ..Respondents (By M/s. K. R. Parashuram & Associates, Adv.,) These writ petitions are filed under Articles 226 and 227 of the Constitution of India, praying to quash the statutory notice issued by the fifth respondent dated 3.1.2011 under Section 13(2) of the SARFAESI Act, i.e., Annexure-H. These writ petitions coming on for preliminary hearing in 'B' group this day the Court made the following:- ORDER
In view of availability of alternative and efficacious remedy of appeal, this Court declines to entertain these writ petitions. -3-
Hence, writ petitions fail and accordingly, the same stand dismissed.
It is open for the petitioners to file an appeal before the appropriate forum within four weeks from today.