- 1 - HC-KAR NC: 2026:KHC:32007-DB WA No. 1237 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 29TH DAY OF JUNE, 2026 PRESENT THE HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE AND THE HON'BLE MRS. JUSTICE K.S. HEMALEKHA WRIT APPEAL NO.1237 OF 2026 (GM-POLICE) BETWEEN: KIM AXIVA FINVEST LTD., HAVING ONE OF ITS BRANCH AT: NO.163/3A, OPP. DASARAHALLI METRO STATION HIGHWAY ROAD, VIDYANAGAR. T. DASARAHALLI, BANGALORE-560057. REP. BY ITS AUTHORIZED OFFICER VENKATASHA MR. …APPELLANT (BY SRI. ANISH JOSE ANTONY, ADVOCATE) AND: 1. STATE OF KARNATAKA REP. BY ITS SECRETARY, HOME DEPARTMENT, VIDHANA SOUDHA, AMBEDKAR VEEDI, BENGALURU - 560 001. 2. STATION HOUSE OFFICER/ INVESTIGATION OFFICER MADANAYAKANAHALLI POLICE STATION, BENGALURU - 562123. …RESPONDENTS (BY SRI. K.S. HARISH, GOVERNMENT ADVOCATE) THIS WRIT APPEAL IS FILED UNDER SECTION 4 OF THE KARNATAKA HIGH COURT ACT PRAYING TO SET ASIDE THE ORDER PASSED BY THE LEARNED SINGLE JUDGE IN WRIT PETITION NO.7571/2026 DATED ON 18.03.2026 AND CONSEQUENTLY ALLOW THE PRESENT WRIT PETITION IN THE INTEREST OF JUSTICE AND EQUITY. THIS APPEAL COMING ON FOR PRELIMINARY HEARING, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: Digitally signed by MAHALAKSHMI B M Location: High Court of Karnataka - 2 - HC-KAR NC: 2026:KHC:32007-DB WA No. 1237 of 2026 CORAM: HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE and HON'BLE MRS. JUSTICE K.S. HEMALEKHA ORAL JUDGMENT (PER: HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE) 1. After some arguments, the learned counsel for the appellant seeks to withdraw the present appeal, with liberty to avail of such remedies in respect to the orders passed by the concerned Magistrate releasing the gold articles to the complainant in the respective cases. 2. In view of the above, the appeal is dismissed as withdrawn. 3. However, we clarify that this order will not preclude the appellant from availing of such remedies in respect to the order passed by the concerned Magistrate as available, albeit in accordance with law. Sd/- (VIBHU BAKHRU) CHIEF JUSTICE Sd/- (K.S. HEMALEKHA) JUDGE MBM List No.: 2 Sl No.: 28