(1.) The petitioner, an Association of hire purchasers in the State of Karnataka is before the doors of this Court calling in question constitutional validity of an Ordinance viz., the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025 ('the Ordinance' for short) as being shrouded with ambiguity and steeped in arbitrariness and beyond the legislative competence of the State Government. As a consequence, thereof, it also seeks a writ in the nature of mandamus to clarify that motor vehicle/Asset Financing businesses are outside the purview of the Ordinance.
(2.) Facts, in brief, germane are as follows:-
(3.) Heard Sri Udaya Holla, leaned senior counsel appearing for the petitioner and Sri K.Shashikiran Shetty, learned Advocate General appearing for the respondents.