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2026 DAILYLAW 15652 (KAR)

M/S PARESHNEEL FAB v. M/S KISETSU SAISON FINANCE INDIA PVT LTD.,

CRL.P/6548/2025 · 2026-03-05

M Nagaprasanna

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:13933 CRL.P No. 6548 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 5TH DAY OF MARCH, 2026 BEFORE THE HON'BLE MR. JUSTICE M.NAGAPRASANNA CRIMINAL PETITION NO. 6548 OF 2025 BETWEEN: M/S. PARESHNEEL FAB GALA NO.10, GROUND FLOOR SHAH INDUSTRIAL ESTATE SURVEY NO.70, 72 OF REVENUE VILLAGE, WALIV VASAI, EAST PALGHAR TAE, MAHARASTRA – 401 204 REPRESENTED BY ITS PROPRIETOR MR. NILAY PARESH SHAH …PETITIONER (BY SRI PRASHANTH S., ADVOCATE) AND: M/S. KISETSU SAISON FINANCE INDIA PVT. LTD., REGISTERED OFFICE AT INDIQUBE LEXINGTON TOWER FIRST FLOOR, TAVAREKERE MAIN ROAD, S.G.PLAYA, BENGALURU – 560 029 REPRESENTED BY SENIOR MANAGER LEGAL MS.DISHA CHANDRA SAXENA …RESPONDENT THIS CRL.P IS FILED U/S 528 BNSS PRAYING TO 1) SET ASIDE THE ORDER DATED 08.04.2025 PASSED BY THE Digitally signed by SANJEEVINI J KARISHETTY Location: High Court of Karnataka - 2 - HC-KAR NC: 2026:KHC:13933 CRL.P No. 6548 of 2025 HON’BLE XXV ADDL. MMC, BANGALORE CITY IN C.C.NO.33860/2023 AND ALLOW THE APPLICATION U/S 311 OF CR.P.C. TO RECALL AND CROSS-EXAMINE PW.2. AND REMAND THE MATTER TO THE TRIAL COURT FOR ADJUDICATION. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.NAGAPRASANNA ORAL ORDER Learned counsel for the petitioner files a memo seeking permission to withdraw the petition. 2. The memo reads as follows: “MEMO The undersigned counsel for the petitioner withdraws the petition because the petition is infructuous and withdrawn with a ……. to withdraw in the interest of justice and equity.” (sic) In terms of the memo, the criminal petition is disposed as withdrawn. Sd/- (M.NAGAPRASANNA) JUDGE NVJ List No.: 2 Sl No.: 62