- 1 - HC-KAR NC: 2025:KHC:35494-DB MFA No. 607 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF SEPTEMBER, 2025 PRESENT THE HON'BLE MRS. JUSTICE ANU SIVARAMAN AND THE HON'BLE MR. JUSTICE RAJESH RAI K MISCELLANEOUS FIRST APPEAL NO. 607 OF 2025 (KPIDFA) BETWEEN: SRI. K.N. SRINIVAS S/O LATE K. NANJUNDASWAMY AGED ABOUT 61 YEARS R/AT No.50, 12TH CROSS 19TH MAIN ROAD, MUNESWARA BLOCK AVALAHALLI, GEF POST BENGALURU-560 026 …APPELLANT (BY SRI. V.B. RAVISHANKAR, ADVOCATE) AND: 1. STATE OF KARNATAKA BY THE COMPETENT AUTHORITY SPECIAL LAND ACQUISITION AUTHORITY SOUTH RANGE, BENGALURU SOUTH DIVISION BENGALURU 2. M/S. INVESTECH AND INVESTECH BUILDERS AND DEVELOPERS PVT. LTD. No.377, 1ST FLOOR, 7TH CROSS 2ND MAIN, AIRPORT ROAD DOMLUR LAYOUT BENGALURU-560 071 REP. BY ITS MANAGING DIRECTOR Digitally signed by CHANNEGOWDA PREMA Location: High Court of Karnataka - 2 - HC-KAR NC: 2025:KHC:35494-DB MFA No. 607 of 2025 3. SURESH KRISHNAMURTHY S/O LATE N.S. KRISHNAMURTHY AGED ABOUT 65 YEARS RESIDING AT No.377 1ST FLOOR, 7TH CROSS, 2ND MAIN NEAR HOTEL SHANTHINAGAR AIRPORT ROAD, DOMLUR BENGALURU-560 071 4. SMT. VEENA SURESH W/O SURESH KRISHNAMURTHY AGED ABOUT 60 YEARS "SAMRUDDHI" VISHVESHWARAIAH ROAD VIDYANAGAR HASSAN …RESPONDENTS (BY SRI. VEERESH R. BUDIHAL, ADVOCATE) THIS MFA IS FILED U/S.16 OF THE KARNATAKA PROTECTION OF INTEREST OF DEPOSITORS IN FINANCIAL ESTABLISHMENTS ACT, 2004, AGAINST THE ORDER DATED 18.01.2020 PASSED IN MISC.No.728/2009 ON THE FILE OF THE PRINCIPAL CITY CIVIL AND SESSIONS JUDGE, BENGALURU, PARTLY ALLOWING THE PETITION FILED U/S.5(2) OF THE KARNATAKA PROTECTION OF INTEREST OF DEPOSITORS IN FINANCIAL ESTABLISHMENT ACT, 2004 AND 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 RAJESH RAI K - 3 - HC-KAR NC: 2025:KHC:35494-DB MFA No. 607 of 2025 ORAL JUDGMENT (PER: HON'BLE MRS. JUSTICE ANU SIVARAMAN) A memo is filed by the appellant to withdraw the appeal, the reasons are stated therein and liberty is sought to file appropriate petitions. 2. We notice that the order under appeal against is one rendered on 18.01.2020. We are of the opinion that the appeal can be permitted to be withdrawn, however, the question with regard to filing of an appropriate petition will be subject to the laws of limitation or subject to satisfaction of the Court or the authority concerned as regards to the maintainability or time taken to raise the challenge. 3. Accordingly, the Miscellaneous First Appeal is dismissed as withdrawn. Sd/- (ANU SIVARAMAN) JUDGE Sd/- (RAJESH RAI K) JUDGE RAK; List No.: 1 Sl No.: 36