- 1 - HC-KAR NC: 2026:KHC:30944 MFA No. 4088 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 22ND DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE PRADEEP SINGH YERUR MISCELLANEOUS FIRST APPEAL NO. 4088 OF 2025 (KPIDFA) BETWEEN: 1. SRI SHANMUGA FINANCIERS AND OTHER GROUP OF COMPANIES NO.599, BAZAR STREET, BANGARPET, KOLAR DISTRICT - 563 114, REPRESENTED BY ITS MANAGING DIRECTOR, SHRI R.N.SHANMUGAM, AGED 69 YEARS 2. SRI R.N.SHANMUGAM, S/O R.K.NARAYANASWAMY, NO 2776, SUMITRA NILAYA, OPP TO CANARA BANK, AGED 69 YEARS, KOLAR ROAD, BANGARPET, KOLAR DISTRICT - 563 114 …APPELLANTS (BY SRI. CHANDRASHEKAR L., ADVOCATE) AND: THE COMPETENT AUTHORITY FOR M/S SHRI SHANMUGA FINANCIERS AND Digitally signed by GAVRIBIDANUR SUBRAMANYA GUPTA SREENATH Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:30944 MFA No. 4088 of 2025 OTHER GROUP OF COMPANIES, REP BY ITS COMPETENT AUTORITY SMT MANGALA S M AGED 51 YEARS DESIGNATED BY ADDITINAL DEPUTY COMMISSIONER OFFICE OF DEPUTY COMMISSIONER JILLADALITHA BHAVANA KUMBARAHALLI, MULBAGILU ROAD NH 75 KOLAR - 563 101 …RESPONDENT (BY SRI. CHANDRASHEKAR L., ADVOCATE) THIS MFA IS FILED U/S.16 OF THE KARNATAKA PROTECTION OF INTEREST OF DEPOSITORS IN FINANCIAL ESTABLISHMENTS ACT, AGAINST THE ORDER DATED 03.05.2025 PASSED IN MISC.NO.249/2025 ON THE FILE OF THE XCI ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, BENGALURU, (CCH-92), ALLOWING THE PETITION FILED U/S.5(2) OF THE KPIDFE ACT,2004 WITH COSTS. THIS APPEAL, COMING ON FOR ORDERS, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE PRADEEP SINGH YERUR - 3 - HC-KAR NC: 2026:KHC:30944 MFA No. 4088 of 2025 ORAL JUDGMENT Learned counsel for the appellants seeks leave of this Court to withdraw the appeal by filing a memo. 2. The memo is taken on record. 3. The appeal is dismissed as withdrawn. Sd/- (PRADEEP SINGH YERUR) JUDGE RCK List No.: 1 Sl No.: 7