- 1 - HC-KAR NC: 2026:KHC:31099 WP No. 16261 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 23RD DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ WRIT PETITION NO. 16261 OF 2026 (GM-RES) BETWEEN: 1. MS BAYYAVARAPU PADMAJA BEING A MEMBER OF THE SUSPENDED BOARD OF DIRECTORS OF LANARSY INFRA LTD H.NO. 1-72/3/2/1, VAKULA LMANSILON 3RD FLOOR ABOVE UNION BANK, OPP. RTTC, GACHIBOWLI HYDERABAD-500032. REP BY ITS AUTHORISED REPRESENTATIVE MR. GORRELA SIVAKUKMAR EMAIL: ANIRUDH@ANIRUDHASSOCIATES.COM …PETITIONER (BY SRI. ANIRUDH, ADVOCATE) AND: 1. AGRAWAL INFRACAB PVT LTD REGISTERED UNDER THE PROVISIONS OF THE COMPANIES ACT 2013 CIN: U31109MP2019PTCO50098 SURVEY NO. 178/4/2/1, VILLAGE MALIKHEDI KHUDEL, INDORE, MADHYA PRADESH - 452016 EMAIL: SHIVANSHAGRAWAL2000@GMAIL.COM 2. LONARSY INFRA LTD. REPRESENTED THROUGH ITS INTERIM RESOLUTION PROFESSIONAL KUMAL BHARATH RAM PRESENTLY AT IBBI REGN NO. IBBI/IPA-002/IP-NO1226/2022-2023/14131 409 WORLD TRADE CENTRE, BABAR ROAD Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:31099 WP No. 16261 of 2026 CONNAUGHT PLACE, NEW DELHI-110001 EMAIL: CIRP.LANARSY@GMAIL.COM/KUNALRAM.IP@GMAIL.COM OLD ADDRESS, R/AT 6, 4TH CROSS, MARUTE NAGAR, CHANDRA LAYOUT, B-LORE-560040. …RESPONDENTS THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO SET ASIDE THE IMPUGNED C.P (I.B) 251/BB/25 ORDER DATED 19.05.2026 AT ANNX-H HAVING BEEN PASSED IN CONTRAVENTION OF PRINCIPLES OF NATURAL JUSTICE AND ETC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ ORAL ORDER 1. Petitioner is before this Court seeking for the following reliefs: (a) Set aside the Impugned Order C.P.(IB) No.251/BB/2025 dated 19.05.2026 at Annexure-H having been passed in contravention of principles of natural justice. (b) Direct Respondents closure of the CIRP of Lanarsy Infra Limited in light of the Petitioner's willingness to pay the entire claimed operational debt and its financial soundness; (c) In the alternative to prayer A and B above, remit the matter back to the Hon'ble NCLT Bengaluru for adjudication on merits without the order dated 19.05.2026 coming in its way; (d) Pass any other orders as deemed fit by this Hon'ble Court in the interest of justice and equity. - 3 - HC-KAR NC: 2026:KHC:31099 WP No. 16261 of 2026 2. Learned counsel for the petitioner has filed a memo, seeking permission of the Court to withdraw the writ petition. The said memo reads as follows: "The undersigned counsel for the Appellant herein prays this Hon'ble High Court to permit the counsel for the petitioner to withdraw the present case along with the Vakalathnama for the reasons mentioned hereinafter. The Hon'ble High Court has indicated that the appeal against the impugned order dated 19.05.2026 is maintainable before the Hon'ble National Company Law Appellate Tribunal. In furtherance of which the counsel for the petitioner has taken appropriate steps before the concerned forum. Hence in light of the above the counsel for the Petitioner most humbly prays that the present memo be taken on record and the above-captioned matter be allowed to be withdrawn since the petitioner has preferred an appeal before the Hon'ble National Company Law Appellate Tribunal, in the interest of justice and equity.” 3. Placing the memo on record, the writ petition is dismissed as withdrawn. Sd/- (SURAJ GOVINDARAJ) JUDGE NBM List No.: 1 Sl No.: 108