- 1 - HC-KAR NC: 2026:KHC:13551 WP No. 5060 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 5TH DAY OF MARCH, 2026 BEFORE THE HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM WRIT PETITION NO.5060 OF 2026 (GM-RES) BETWEEN: SATCHMO HOLDINGS LIMITED (FORMERLY NEL HOLDINGS SOUTH LIMITED) A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956 HAVING ITS REGISTERED OFFICE AT NO.110, ANDREWS BUILDING LEVEL 1, M.G.ROAD BENGALURU - 560001 THROUGH ITS AUTHORIZED REPRESENTATIVE MR.SREENATH K.V. …PETITIONER (BY SRI. KRUTIKA RAGHAVAN, ADVOCATE) AND: 1. B.ABHYARAJ SHETTY AGED ABOUT 54 YEARS SON OF LATE B.RAMANATH RESIDING AT NO.24 M.N.KRISHNA RAO ROAD BASAVANGUDI BENGALURU - 560004 2. BHARATHI SHETTY AGED ABOUT 53 YEARS Digitally signed by AL BHAGYA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:13551 WP No. 5060 of 2026 DAUGHTER OF LATE B.RAMANATH RESIDING AT FLAT NO.301 SALARPURIA ARISTOCRACY NO.76, 14TH CROSS, J.P.NAGAR 1ST PHASE BENGALURU - 560004 3. GURU AND JANA CHARTERED ACCOUNTANTS HAVING OFFICE AT NO.41 PATALAMMA TEMPLE STREET BASAVANGUDI BENGALURU - 560004 REPRESENTED BY ITS MANAGING PARTNER MR.GURU PRASAD MAKAM …RESPONDENTS (BY SRI.RAVINDRA PRASAD B, ADVOCATE FOR R.1 AND R.2) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO SET ASIDE THE ORDER DATED 02.02.2026 PASSED IN COM.A.A.NO.42/2026, ON IA NO.1 BY THE LXXXV ADDI. CITY CIVIL AND SESSIONS JUDGE AND DESIGNATED COMMERCIAL COURT, BENGALURU (ANNEXURE - A) AND ETC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM ORAL ORDER Learned counsel for the petitioner has filed a memo dated 05.03.2026 seeking permission of this Court to - 3 - HC-KAR NC: 2026:KHC:13551 WP No. 5060 of 2026 withdraw the present proceedings as not pressed with liberty to raise all contentions before the Commercial Court. 2. The said memo is taken on record. 3. In view of the above said memo, the writ petition is dismissed as not pressed with liberty to raise all contentions before the Commercial Court. Sd/- (SACHIN SHANKAR MAGADUM) JUDGE NBM List No.: 2 Sl No.: 111