- 1 - HC-KAR NC: 2026:KHC:27885 WP No. 20680 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 20680 OF 2022 (GM-RES) BETWEEN: 1. SRI T N VENKATA RATHNAM S/O SRI VENKATA NARASAPPA AGED ABOUT 67 YEARS R/AT NO.5309, 4TH CROSS 4TH MAIN ROAD AMARAVATHI NAGAR BANGARPET TOWN AND TALUK KOLAR DISTRICT-563 114. 2. SMT MUKTAMBA W/O SRI C RUDRAPPA AGED ABOUT 59 YEARS R/AT KARAHALLI VILLAGE KASABA HOBLI, BANGARPET TALUK KOLAR DISTRICT-563 114. 3. SRI MANJUNATH G K S/O SRI KODANDAPPA AGED ABOUT 24 YEARS R/AT NO.73 GUTTAHALLI VILLAGE KARAMANGALA POST BANGARPET TALUK KOLAR DISTRICT-563 114. …PETITIONERS (BY SRI. VENKATACHALAPATHI S K.,ADVOCATE) AND: 1. STATE OF KARNATAKA REP BY ITS PRINCIPAL SECRETARY DEPARTMENT OF REVENUE Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:27885 WP No. 20680 of 2022 MULTISTORIED BUILDING, DR B R AMBEDKAR ROAD BENGALURU-560 001. 2. THE ASSISTANT COMMISSIONER AND COMPETENT AUTHORITY KOLAR SUB DIVISION KOLAR-563 101. 3. SRI R.S. DILIP KUMAR S/O SRI R N SHANMUGAM AGED ABOUT 38 YEARS, R/AT NO.2776 SUMMITRAMMAL NILAYAM OPPOSITE TO CANARA BANK KOLAR ROAD, BANGARPET TOWN AND TALUK KOLAR DISTRICT-563 114. …RESPONDENTS (BY SRI. MANJUNATHA RAYAPPA.,AGA FOR R1 & R2) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASH THE IMPUGNED NOTIFICATION BEARING NUMBER RD 43 GRC 2019 DATED 24.02.2022 ISSUED BY R1 WITH RESPECT TO THE PROPERTIES BELONGS TO THE PETITIONERS MENTIONED IN THE GAZETTE VIDE ANNEXURE-1, SERIAL NO.107, 116, 119, 121, 204 AND 426 PUBLISHED IN THE KARNATAKA OFFICIAL GAZETTE WHICH IS ENCLOSED AS ANNEXURE-A. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL - 3 - HC-KAR NC: 2026:KHC:27885 WP No. 20680 of 2022 ORAL ORDER Present petition arise out of the proceeding initiated by the respondent-authorities under the provisions of the Karnataka Protection of Interest of Depositors in Financial Establishments Act, 2004 (hereinafter referred to as 'the Act'), which has led to issuance of notification dated 24.02.2022 as per Annexure-A, which is subject matter of pending criminal investigation pertaining to irregularities attributed to respondent No.3 herein. 2. In the light of the submission/objection raised by learned AGA regarding maintainability of the petition and in view of Special Court having been constituted, learned counsel for the petitioner seeks liberty to avail such remedy as permissible under law before the Special Court and seeks withdrawal of the petition. 3. Submission taken on record. 4. Petition is dismissed as withdrawn with liberty as sought for. SD/- (M.G.S. KAMAL) JUDGE RL List No.: 1 Sl No.: 12