<h1>Businessman Challenges Rs 6,200 Crore Debt Recovery, Claims Overpayment; Court Pauses Asset Sales; Seeks Banks' Response</h1> A businessman has petitioned the Karnataka High Court, claiming that the Rs 6,200 crore debt owed to banks has been recovered multiple times over. He seeks a detailed statement of amounts recovered from him, his holding company, and other debtors. The court issued a notice to banks, directing them to respond by February 13, and temporarily halted further asset sales. The petition argues that debts have been settled, with Rs 10,200 crore recovered, and asserts that under the Companies Act, the guarantor company should have no liability once debts are paid. The plea requests clarity on recovered amounts and remaining assets.