- 1 - NC: 2025:KHC:11414-DB MFA No. 7319 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 19TH DAY OF MARCH, 2025 PRESENT THE HON'BLE MRS JUSTICE ANU SIVARAMAN AND THE HON'BLE MR JUSTICE RAJESH RAI K MISCELLANEOUS FIRST APPEAL NO. 7319 OF 2022 (KPIDFA) BETWEEN: 1. DR. MAHESH R GOWDA AGED ABOUT 45 YEARS S/O C RAMANNA GOWDA R/A NO.320/A, 10TH CROSS IDEAL HOME TOWNSHIP RAJARAJESHWARINAGAR BENGALURU-560 098. 2. MR. HEMANTH RAMANNA GOWDA AGED ABOUT 41 YEARS S/O C RAMANNA GOWDA R/A NO.273, 2ND MAIN WCR, 2ND STAGE BENGALURU-560 086 REPRESENTED BY GPA HOLDER MR. C. RAMANNA GOWDA AGED ABOUT 77 YEARS R/A NO.273, 2ND MAIN WCR, 2ND STAGE BENGALURU-560 086 …APPELLANTS (BY SRI. VENUGOPAL, ADVOCATE) Digitally signed by MAYAGAIAH VINUTHA Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:11414-DB MFA No. 7319 of 2022 AND: 1. THE COMPETENT AUTHORITY FOR SRI. KANVA SOUHARDHA CREDIT CO-OPERATIVE LIMITED AND KANVA GROUP OF COMPANIES, BENGALURU OFFICE OF THE MANAGING DIRECTOR KARNATAKA PUBLIC LAND CORPORATION URBAN DC OFFICE BUILDING, K.G ROAD BENGALURU-560 009. 2. SRI. KANVA SOUHARDHA CREDIT CO-OPERATIVE LIMITED REP. BY THE COMPETENT AUTHORITY, HAVING ITS OFFICE NO.861, KANVA SRI. SAID COMPLEX, DR. MODI HOSPITAL ROAD RAJAJINAGAR, BENGALURU-560 086. 3. KANVA HEALTH CARE PVT. LTD., NO.861, KANVA SRI. SAI COMPLEX OPPOSITE TO WEST OF CHORD ROAD RAJAJINAGAR, BENGALURU-560 086 REPRESENTED BY ITS PROPRIETORS SRI. N. NANJUNDAIAH S/O S NARAYANAPPA AGED ABOUT 45 YEARS NO.164, 1ST CROSS KANVANAGAR, DANOJIPALYA, B BLOCK, ARISHINAKUNTE DAKALE NELAMANGALA-562 123. …RESPONDENTS (BY SRI. VENKATESH P DALWAI, SPL. PP FOR C/R1, SRI. SHREERAM T NAYAK ,ADVOCATE FOR R3) THIS MFA IS FILED U/S.16 OF THE KARNATAKA PROTECTION OF INTEREST OF DEPOSITORS OF FINANCIAL ESTABLISHMENTS ACT, AGAINST THE ORDER DT.20.09.2022 PASSED IN MISC. NO.506/2022 ON THE FILE OF THE XCI ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, BENGALURU, (CCH-92), ALLOWING THE PETITION FILED U/S.5(2) OF THE KPIDFE ACT, 2004. - 3 - NC: 2025:KHC:11414-DB MFA No. 7319 of 2022 THIS APPEAL, COMING ON FOR ADMISSION, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MRS JUSTICE ANU SIVARAMAN and HON'BLE MR JUSTICE RAJESH RAI K ORAL JUDGMENT (PER: HON'BLE MRS JUSTICE ANU SIVARAMAN) It is submitted by the learned counsel appearing on either side that the entire amounts have been deposited and that the order under challenge therefore stands complied with. 2. In above view of the matter, the appeal is closed as having become infructuous. 3. In view of dismissal of the main appeal, pending application in I.A.No.1/2022 does not survive for consideration and the same is disposed of. SD/- (ANU SIVARAMAN) JUDGE SD/- (RAJESH RAI K) JUDGE KTY/List No.: 1 Sl No.: 2