- 1 - HC-KAR NC: 2025:KHC:46375 WP No. 32480 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 12TH DAY OF NOVEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH WRIT PETITION NO. 32480 OF 2025 (GM-RES) BETWEEN: MR.SUSHIL MANTRI S/O PANDURANG MANTRI, AGED ABOUT 63 YEARS, NO.18, MANTRI ALTIUS, NO. 17, RAJ BHAVAN ROAD, BENGALURU NORTH, BANGALORE GPO, BENGALURU 560 001. AND ALSO R/AT NO.41, MANTRI HOUSE, VITTAL MALYA ROAD, BANGALORE- 560001 …PETITIONER (BY SRI. ANISH ACHARYA.,ADVOCATE) AND: 1. INDIABULLS COMMERCIAL CREDIT LTD A COMPANY REGISTERED UNDER THE COMPANIES ACT, 2013 CIN NO. U70102KA199PTC027924 HAVING REGISTERED OFFICE AT M-62 AND 63, FIRST FLOOR CONNAUGHT PLACE, NEW DELHI 110 001. REPRESENTED BY ITS AUTHORISED SIGNATORY FINANCIAL CREDITOR ALSO AT : NO.116, KRISHNA ARCADE, BETWEEN 12TH AND 11TH CROSS, Digitally signed by ARUNKUMAR M S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:46375 WP No. 32480 of 2025 MARGOSA ROAD, MALLESHWARAM, BENGALURU, KARNATAKA- 560 003. 2. MR. BALAKRISHNAN VENKATACHALAM AGED ABOUT MAJOR, INSOLVENCY RESOLUTION PROFESSIONAL, REGISTRATION NO. IBBI/IPA-001/IP- POO229/2017-18/10458 HAVING OFFICE ADDRESS AT C-420, 3RD FLOOR, KEMPE GOWDA UNDERPASS ROAD, 5TH MAIN, RAMAMURTHY NAGAR, OPPOSITE TO ADITI ELOQUENT APARTMENTS, BANGALORE KARNATAKA- 560016. …RESPONDENTS ------- THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE ORDER DATED 09.09.2025 PASSED BY THE HON'BLE NCLT, BENGALURU IN IA NO.288/2025 IN CP(IB) NO. 92/BB/2022 AT ANNEXURE A. THIS PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH - 3 - HC-KAR NC: 2025:KHC:46375 WP No. 32480 of 2025 ORAL ORDER After arguing the matter for some time with regard to the maintainability of the petition, learned counsel appearing for the petitioner seeks leave of the Court to withdraw the petition so as to file appropriate proceedings before the appropriate forum. 2. Submission is placed on record. 3. Writ petition is dismissed as withdrawn. SD/- (E.S.INDIRESH) JUDGE rs List No.: 1 Sl No.: 25