- 1 - NC: 2025:KHC:6025 WP No. 2806 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. 2806 OF 2021 (GM-RES) BETWEEN: 1. SRI. RAGHURAM.B S/O HARINAKSHI, AGED ABOUT 33 YEARS, FLAT NO.205, 2ND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 2. SRI. DEEPAK RANJAN DASH S/O NIRANJAN DASH, AGED ABOUT 36 YEARS, FLAT NO.205, 2ND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 3. SRI. KUNAL JOR S/O SWAPAN KUMAR JOR, AGED ABOUT 37 YEARS, FLAT NO.205, 2ND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 4. SMT. SHONTHOSHI HEGDE, W/O ABHISHEK MADHYASTHA, AGED ABOUT 34 YEARS, FLAT NO.405, FOURTH FLOOR, Digitally signed by PREMCHANDRA M R Location: High Court of Karnataka - 2 - NC: 2025:KHC:6025 WP No. 2806 of 2021 DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 5. SMT. PATHAN NIGAAR W/O MOHAMMED AKBAR KHAN, AGED ABOUT 48 YEARS, FLAT NO.201, SECOND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 6. SRI.K.P.SENTIL KUMAR S/O K.PALANI SWAMY, AGED ABOUT 42 YEARS, FLAT NO.106, FIRST FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 7. SMT. PUSHPA DEVI W/O PUKHRAJ SHARMA, AGED ABOUT 63 YEARS, FLAT NO.107, FIRST FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 8. SMT.LIPUN RAUT D/O SABITA NAHAK, AGED ABOUT 29 YEARS, FLAT NO.008, GROUND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 9. SRI NARENDRA RAMIREDDY, S/O VENKATESHWARA REDDY, AGED ABOUT 35 YEARS, FLAT NO.404, FOURTH FLOOR, - 3 - NC: 2025:KHC:6025 WP No. 2806 of 2021 DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 10. SRI. V.V.SATYA SHIVA PRASAD NAKKA S/O VENKATANARAYANA, AGED ABOUT 30 YEARS, FLAT NO.407, FOURTH FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 11. SRI SATHISH KANNAN S/O KAHINATHAN, AGED ABOUT 31 YEARS, FLAT NO.004, GROUND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 12. SRI MOHAMMED JALALUDINN S/O A.ABDUL KHADER, AGED ABOUT 68 YEARS, FLAT NO.001 AND 101, GROUND FLOOR AND FIRST FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 13. SRI MOHAMMED QUDUS RIZWAB SHAREEF S/O MOHD IQBAL SHAREEF, AGED ABOUT 39 YEARS, FLAT NO.304, 3RD FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 14. SRI. ANANDRAJ.P S/O PUSHPARAJ.P, AGED ABOUT 37 YEARS, FLAT NO.408, 4TH FLOOR, - 4 - NC: 2025:KHC:6025 WP No. 2806 of 2021 DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 15. SRI. RATANA RAJ KUMAR KOLA S/O RAJA RAO KOLA, AGED ABOUT 41 YEARS, FLAT NO.208, 2ND FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 16. SRI. SURESH BABU S/O SUBRAMANIAN PALANICHAMY, AGED ABOUT 40 YEARS, FLAT NO.108, FIRST FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 17. SMT. RAMYA SANTHOSH NAIK D/O R.N.RAMDAS, AGED ABOUT 35 YEARS, FLAT NO.302, 3RD FLOOR, DREAMZ SANGAM, ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 18. SRI. ARUNKUMAR.A.N. S/O A.S.NAGARAJA, AGED ABOUT 51 YEARS, FLAT NO.103, FIRST FLOOR, DREAMZ SANGAM ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 19. SRI. ALAUDEEN MOHAMED MUSTHAFA, S/O ARNIKANASSER, - 5 - NC: 2025:KHC:6025 WP No. 2806 of 2021 AGED ABOUT 35 YEARS, FLAT NO.007, GROUND FLOOR, DREAMZ SANGAM ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 20. SMT. SHASHIREKHA W/O P.H.SHEKARAPPA, AGED ABOUT 49 YEARS, FLAT NO.003, GROUND FLOOR, DREAMZ SANGAM ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. 21. SRI. RAVINDRANATH S.NARENDRA S/O KAHINATHAN, AGED ABOUT 57 YEARS, FLAT NO.102, FIRST FLOOR, DREAMZ SANGAM ROOPENA AGRAHARA VILLAGE, BEGUR HOBLI, BANGALORE-560 068. …PETITIONERS (BY SRI. VENKATESHA.T.S., ADVOCATE FOR P2, 3, 4, 6, 7, 9, 10, 11, 13, 16 TO 18, 20 & 21; SRI. M.V.SRIDHAR., ADVOCATE FOR P1, 5, 8 12, 14, 15 & 19) AND: 1. THE 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. - 6 - NC: 2025:KHC:6025 WP No. 2806 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 14.02.2023. Counsel therefore, submits that the memo may be placed on record. - 7 - NC: 2025:KHC:6025 WP No. 2806 of 2021 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