- 1 - NC: 2025:KHC:6025 WP No. 2783 of 2021 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF FEBRUARY, 2025 BEFORE THE HON'BLE MS. JUSTICE JYOTI MULIMANI WRIT PETITION NO. 2783 OF 2021 (GM-RES) BETWEEN: 1. SMT.MADHAVI RAVINDRA SINHA D/O RAVINDRA SINHA, AGED ABOUT 34 YEARS, FLAT NO.105, 1ST FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 2. SRI. JEETENDER KUMAR SHARMA S/O BABULAL SHARMA, AGED ABOUT 31 YEARS, FLAT NO.002, GROUND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 3. SRI SHIVAPRAKASH.E S/O LATE ESHWARAIAH.N, AGED ABOUT 50 YEARS, C/O R.MUNIREDDY, FLAT NO.305, 3RD FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 4. SRI. SIDDESHWARA.M.B. S/O M.P.BASAVARAJ, AGED ABOUT 42 YEARS, FLAT NO.401, FOURTH FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, Digitally signed by PREMCHANDRA M R Location: High Court of Karnataka - 2 - NC: 2025:KHC:6025 WP No. 2783 of 2021 BEGUR HOBLI, BANGALORE-560 068. 5. SMT. GAUSALYA.M W/O LOGESH KANNAN, AGED ABOUT 30 YEARS, FLAT NO.207, SECOND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 6. SRI. HARI BABU.S S/O SREENIVASALU.S, AGED ABOUT 51 YEARS, FLAT NO.406, FOURTH FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 7. SRI. ASHOK KUMAR.M S/O SRI. BHEEMANNA, AGED ABOUT 58 YEARS, FLAT NO.202, SECOND FLOOR, DREAMZ SANGAM ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 8. SMT. MEGHNA SINGH D/O BALWANT SINGH, AGED ABOUT 26 YEARS, FLAT NO 402, FOURTH FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 9. SMT. SRABANTI MUKHOPADHYAY W/O PARTHA PRATIRM MUKHOPADHYAY, AGED ABOUT 51 YEARS, FLAT NO.306, THIRD FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, - 3 - NC: 2025:KHC:6025 WP No. 2783 of 2021 BEGUR HOBLI, BANGALORE-560 068. 10. SRI. RAVI KUMAR.T.T. S/O THIRUNAVUKKARASU.T.V., AGED ABOUT 31 YEARS, FLAT NO.005, GROUND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 11. SMT. UMADEVI W/O SRI. K.N.KRISHNAKUMAR, AGED ABOUT 59 YEARS, FLAT NO.006, GROUND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. …PETITIONERS (BY SRI. VENKATESHA.T.S., ADVOCATE FOR P1, 2, 8, 9 & 10; SRI. M.V.SRIDHAR., ADVOCATE FOR P3 TO 7 & 11) AND: 1. STATE OF KARNATAKA BY ITS PRINCIPAL SECRETARY, REVENUE DEPARTMENT, ROOM NO.505, 5TH FLOOR, GATE-3, M.S.BUILDING, DR. B.R.AMBEDKAR VEEDHI, BANGALORE-560 001. 2. THE STATE OF KARNATAKA UNDER SECRETARY TO GOVERNMENT, REVENUE DEPARTMENT (SPECIAL CELL), ROOM NO.505, 5TH FLOOR, GATE-3, M.S.BUILDING, DR. B.R.AMBEDKAR VEEDHI, BANGALORE-560 001. - 4 - NC: 2025:KHC:6025 WP No. 2783 of 2021 3. ASSISTANT COMMISSIONER, BANGALORE SOUTH SUB-DIVISION, COMPETENT AUTHORITY UNDER THE KARNATAKA PROTECTION OF INTEREST OF DEPOSITORS IN FINANCIAL ESTABLISHMENT ACT KANDHAYA BHAVANA, K.G.ROAD, BANGALORE-560 009. …RESPONDENTS (BY SRI. MANJUNATH RAYAPPA., AGA) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, SEEKING CERTAIN RELIEFS. THIS WRIT PETITION IS LISTED FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, AN ORDER IS MADE AS UNDER: ORAL ORDER Sri.Venkatesha.T.S., counsel for petitioner Nos.2, 3, 4, 6, 7, 9, 10, 11, 13, 16 to 18, 20 & 21, Sri.M.V.Sridhar., counsel for petitioner Nos.1, 5, 8 12, 14, 15 & 19 and Sri.Manjunatha Rayappa., AGA for the respondents have appeared in person. 2. Counsel for the petitioners submits that a memo has been filed stating that the Writ Petition may be disposed of in terms of the order passed by the Co-ordinate bench of this Court in Writ Petition No.6200/2019 disposed of on - 5 - NC: 2025:KHC:6025 WP No. 2783 of 2021 14.02.2023. Counsel therefore, submits that the memo may be placed on record. AGA acknowledges the said submission. The oral submission made by counsel for the respective parties and the memo is placed on record. 3. The Writ Petition is disposed of in terms of the order passed by the Co-ordinate bench of this Court in Writ Petition No.6200/2019 disposed of on 14.02.2023. The petitioners are relegated to approach the Special Court in Misc. No.180/2023 and file their objections within the period of six weeks from the receipt of certified copy of this Order. The Special Court to consider the objections and pass appropriate order in accordance with the law. SD/- (JYOTI MULIMANI) JUDGE MRP List No.: 2 Sl No.: 39.1