- 1 - HC-KAR NC: 2025:KHC:36242 WP No. 18257 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE B M SHYAM PRASAD WRIT PETITION NO.18257 OF 2024 (GM-RES) BETWEEN: JM FINANCIAL ASSET RECONSTRUCTION COMPANY LTD., (ACTING IN ITS CAPACITY AS A TRUSTEE OF JMFARC- SBI MARCH 2014 I-TRUST) PUBLIC LIMITED COMPANY UNDER COMPANIES ACT, 2013 HAVING ITS REGISTERED OFFICE AT: 7TH FLOOR, ENERGY APPASAHEB MARATHE MARG PRABHADEVI, MUMBAI – 400 025 REPRESENTED BY ITS AUTHORISED OFFICER MR. VIKRAM SHETTY …PETITIONER (BY SRI. ATUL MADHAVAN, ADVOCATE) AND: 1. THE NATIONAL HIGHWAY AUTHORITY OF INDIA MINISTRY OF ROAD TRANSPORT AND HIGHWAYS PROJECT IMPLEMENTATION UNIT, GOVERNMENT AUTHORITY, PLOT NO.65, KOTHARI LAYOUT, VENKATESH NAGAR, GULBARGA, KARNATKA – 585 102 RERPESENTED BY ITS GM (T) & PROJECT DIRECTOR MR. K. N. AJAY MANI KLUMAR Digitally signed by VANAMALA N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:36242 WP No. 18257 of 2024 2. M/S NAVA KARNATAKA RURAL DEVELOPMENT SOCIETY, SOCIETY REGISTERED UNDER KARNATAKA SOCIETIES ACT, 1960 NO.184, MANJUNATHA NILAYA 4TH CROSS, VINAYAKA NAGAR, TUMKUR – 572 101 REP. BY ITS SECRETARY MR. B SIDDALINGA KUMAR 3. MR. B. SIDDALINGA KUMAR, S/O LATE Y. S. BASAVALINGAIAH, RESIDING AT SRIDEVI LILAYA 13TH CROSS, MAHALALKSHMINAGAR NEAR RAILWAY GATE BATWADI TUMKURU – 572 103 4. MRS. B. RENUKUMBA, W/O SRI. B. SIDDALINGA KUMAR, RESIDING AT SRIDEVI NILAYA, 13TH CROSS, MAHALAKSHMINAGAR, NEAR RAILWAY GATE BATWADI, TUMKUR – 572 103 …RESPONDENTS (BY SRI. S. V. GIRIDHAR, ADVOCATE FOR R1) THIS WP IS FILED UNDER ARTICLES 226 & 227 OF THE CONSTITUTION OF INDIA PRAYING TO a) ISSUE AN ORDER, DIRECTION OR WRIT IN NATURE OF MANDAMUS DIRECTING THE RESPONDENT NO.1 TO PROVIDE/DISCLOSE THE DETAILS OF THE COMPENSATION AMOUNT, DATE OF RELEASE OF FUNDS PERSON TO WHOM THE COMPENSATION HAS BEEN REMITTED ALONG - 3 - HC-KAR NC: 2025:KHC:36242 WP No. 18257 of 2024 WITH TRANSFER DETAILS AND OTHER SUCH INFORMATION AS REQUIRED BY THE PETITIONER IN ORDER TO PROCEEDING TO RECOVER THE SAID AMOUNT FROM THE RESPONDENT NO.2, 3 AND 4, IN THE EVENT THAT THE COMPENSATION HAS ALREADY BEEN RELEASED TO RESPONDENT NO.2, 3 AND 4; b) DIRECT RESPONDENT NO.1 TO TRANSFER OF THE SAID COMPENSATION AMOUNT TO THE PETITIONER IF THE COMPENSATION AMOUNT IS NOT YET DISURSED TO THE ACCOUNTS OF RESPONDENT NO.2, 3 AND 4; c) ANY OTHER ORDER THAT THIS HON’BLE COURT DEEMS FIT IN THE INTERESTS OF JUSTICE AND EQUITY. THIS PETITION COMING ON FOR ORDERS THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE B M SHYAM PRASAD ORAL ORDER The learned counsel for the petitioner files a memo which reads as under: “The undersigned counsel for the Petitioner most respectfully submits that this Hon’ble - 4 - HC-KAR NC: 2025:KHC:36242 WP No. 18257 of 2024 Court may be pleased to permit the Petitioner to withdraw the instant Petition as the subject matter of the instant Petition is the schedule property situated in Bidar District which falls under the jurisdiction of the Kalbugri Bench. It is most respectfully prayed that this Hon’ble court may be pleased to take on record this Memo and dismiss the instant petition as withdrawn reserving liberty to the petitioner to file fresh petition in the interest of justice and equity.” In the light of the afore and reserving liberty to the petitioner, subject to all just exceptions, the petition stands disposed of as withdrawn. SD/- (B M SHYAM PRASAD) JUDGE JJ List No.: 2 Sl No.: 6