- 1 - NC: 2025:KHC:7875-DB M.F.A. No.6798/2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21ST DAY OF FEBRUARY, 2025 PRESENT THE HON'BLE MRS. JUSTICE ANU SIVARAMAN AND THE HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL MISCELLANEOUS FIRST APPEAL NO.6798/2024 (KPIDFA) BETWEEN: M/S. GOLD JEWELLERS REP. BY SRI. GANESH SHETTY S/O LATE GOPAL SHETTY AGED ABOUT 54 YEARS R/AT MATHRUSHREE MOLAHALLI POST AND VILLAGE KUNDAPURA TALUK-576 222. …APPELLANT (BY SRI. HARIPRASAD, ADV.,) AND: 1. THE COMPETENT AUTHORITY FOR GOLD JEWELLERS DOOR NO.43/B NANDIKESHWARA TOWERS/ENTERPRISES NEAR PARIJANTHA CIRCLE KUNDAPURA TALUK-576 201. 2. M/S. GOLD JEWELLERS HAVING REGISTERED OFFICE AT DOOR NO. 43/B NANDIKESHWARA TOWERS/ENTERPRISES, NEAR PARIJATHA CIRCLE KUNDAPURA TALUK-576 201 …RESPONDENTS (BY SRI. VEERESH R. BUDIHAL, ADV., FOR R1) Digitally signed by ARSHIFA BAHAR KHANAM Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:7875-DB M.F.A. No.6798/2024 THIS MFA IS FILED U/S.16 OF THE KARNATAKA PROTECTION OF INTEREST OF DEPOSITORS IN FINANCIAL ESTABLISHMENTS ACT, PRAYING TO SET ASIDE THE ORDER DATED 05.09.2024 PASSED BY THE LEARNED XCI ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, (CCH-92) BANGALORE IN MISC.NO.131/2024 AND CONSEQUENTLY DISMISS THE PETITION FILED BY THE RESPONDENT NO.1. AWARD COSTS OF THE APPEAL & ETC. THIS APPEAL, COMING ON FOR ORDERS, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MRS. JUSTICE ANU SIVARAMAN and HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL ORAL JUDGMENT (PER: HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL) Heard learned counsel for the appellant as well as learned counsel for the respondents. 2. Learned counsel for the appellant submits that there is no serious dispute being raised with regard to the attachment being made absolute in respect of gold and other movable property. - 3 - NC: 2025:KHC:7875-DB M.F.A. No.6798/2024 3. The said submission is recorded. 4. The appeal is therefore, closed. Sd/- (ANU SIVARAMAN) JUDGE Sd/- (VIJAYKUMAR A. PATIL) JUDGE ABK List No.: 1 Sl No.: 27