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2025 DAILYLAW 75389 (KAR)

L AND H HOUSING FINANCE LIMITED v. DEPUTY DIRECTOR

WP/22017/2024 · 2025-09-01

Sachin Shankar Magadum

body2025

Judgment text

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- 1 - HC-KAR NC: 2025:KHC:34397 WP No. 22017 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1ST DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM WRIT PETITION NO. 22017 OF 2024 (GM-RES) BETWEEN: L AND T HOUSING FINANCE LIMITED A COMPANY REGISTERED UNDER THE COMPANIES ACT 1996 AT NO.3/E, 4TH FLOOR, 7TH C MAIN, 3RD CROSS, 3RD INDUSTRIAL BLOCK KORAMANGALA BANGALORE 560034 REP. BY ITS GPA HOLDER FAYAZ AHMED MA S/O ABDUL RAHIM SAB. …PETITIONER (BY SRI. ANUPARNA BORDOLOI., ADV.) AND: 1. DEPUTY DIRECTOR DIRECTORATE OF ENFORCEMENT BENGALURU ZONAL OFFICE BMTC B BLOCK, 3RD FLOOR SHANTINAGAR KENGAL HANUMANTAIAH ROAD Digitally signed by KAVYA R Location: High Court of Karnataka - 2 - HC-KAR NC: 2025:KHC:34397 WP No. 22017 of 2024 WILSON GARDEN BENGALURU 560027 2. MR. MUNIVENKATAPPA GOPI AGED MAJOR S/O LATE MUNIVENKATAPPA 3. MRS. SOWBHAGYA R AGED ABOUT 53 YEARS W/O MR. GOPI M BOTH R2 & R3 ARE R/AT NO.235 CORPORATION NO.6, 2ND STAGE 9TH MAIN, SR NAGAR WILSON GARDEN BENGALURU 560027 …RESPONDENTS THIS WP IS FILED PRAYING TO QUASH THE IMPUGNED NOTICE DATED 16/07/2021 ISSUED BY THE R1 UNDER SECTION 8(4) OF PMLA ACT IN RESPECT OF THE SCHEDULE PROPERTY TO THE RESPONDENT NO.2 AND 3 VIDE ANNX-A AND ETC., THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 3 - HC-KAR NC: 2025:KHC:34397 WP No. 22017 of 2024 CORAM: HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM ORAL ORDER Learned counsel for the petitioner files a memo seeking withdrawal of the petition with liberty to file a fresh petition. 2. Memo is taken on record. Accordingly, petition is dismissed as withdrawn reserving liberty to the petitioner to file a fresh petition. Pending applications, if any, are also disposed off. Sd/- (SACHIN SHANKAR MAGADUM) JUDGE SSB