- 1 - HC-KAR NC: 2026:KHC:32285 WP No. 25974 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 30TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 25974 OF 2022 (GM-RES) BETWEEN: M/S. BABA NANAK FINANCIAL SERVICES LIMITED A COMPANY INCORPORATED UNDER THE COMPANIES ACT 1956 AND HAVING ITS REGISTERED OFFICE AT S-26 3RD FLOOR CHANAKYA PLACE PART-2 UTTAM NAGAR NEW DELHI-110 059 WEST DELHI DL 110059 REPRESENTED BY ITS DIRECTOR AND AUTHORISED REPRESENTATIVE SMT. SMITA KARUNAKAR SHETTY. …PETITIONER (BY SMT. HARSHITHA G.G.,ADVOCATE) AND: 1. THE JOINT DIRECTOR DIRECTORATE OF ENFORCEMENT BENGALURU ZONAL OFFICE 3RD FLOOR, B BLOCK BMTC SHANTHINAGAR, TTMC K H ROAD, SHANTINAGAR BENGALURU-560 027. 2. THE ASSISTANT DIRECTOR OFFICE OF THE JOINT DIRECTOR DIRECTORATE OF ENFORCEMENT BENGALURU ZONAL OFFICE 3RD FLOOR B BLOCK Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:32285 WP No. 25974 of 2022 BMTC SHANTINAGAR TTMC K H ROAD, SHANTINAGAR BENGALURU-560 027. 3. THE ADJUDICATING AUTHORITY (PMLA) ROOM NO.26 4TH FLOOR JEEVAN DEEP BUILDING PARLIAMENT STREET NEW DELHI-110 001. 4. THE BRANCH HEAD HDFC BANK LIMITED 103/31 26TH MAIN ROAD 4TH T BLOCK JAYANAGAR NEAR SSMRV COLLEGE BENGALURU-560 041. …RESPONDENTS (BY SRI. ANUPARNA BORDOLOI.,ADVOCATE FOR R1 AND R2) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE ORDER FREEZING U/S 17(1-A) OF THE PREVENTION OF MONEY-LAUNDERING ACT, 2002 BEARING F.NO. ECIR/BGZO/55/2022 (AD-KS) DATED 19.10.2022 (I.E, ANNEXURE-A) ISSUED BY THE R2 IN SO FAR AS IT DIRECTS THE R4 BANK TO FREEZE THE BANK ACCOUNT OF THE PETITIONER- COMPANY IN THE R4/ HDFC BANK BEARING NO. 4392560003794 WITH A BALANCE OF RS. 4,28,57,227.35 PS (RUPEES FOUR CRORES TWENTY EIGHT LAKHS FIFTY SEVEN THOUSAND TWO HUNDRED AND TWENTY SEVEN AND PAISE THIRTY FIVE ONLY.), AS ARBITRARY, ILLEGAL AND UNJUST. 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:32285 WP No. 25974 of 2022 ORAL ORDER On 17.06.2026 this Court passed the following order: " 1. The matter was listed on 12.06.2026, there was no representation on behalf of the petitioner on the said date. Even today there is no representation on behalf of the petitioner. 2. Ms. Anuparna Bordoloi, learned counsel for the respondent Nos.1 and 2 submits that the supplementary charge sheet is being filed against the petitioner. She also refers to the Order dated 16.02.2023 passed by the Co-ordinate Bench of this Court in W.P.No.25172/2022, wherein the Co-ordinate Bench of this Court under identical fact circumstances of the matter, has rejected the petition. Hence seeks for dismissal of the petition. 3. Since there is no representative on behalf of the petitioner, in the interests of justice for the say of the petitioner, list this matter on 30.06.2026 subject to payment of cost of Rs.1,000/- payable to the Karnataka State Legal Services Committee. 4. It is made clear that if there is no representation on the next date of hearing, appropriate orders including dismissal would be passed. 5. Registry to delete the name of Sri. Rajaram Sooryambail, learned counsel and Sri. Madhukar Deshpande, learned counsel in the cause list. '' 2. Even today, neither there is representation nor the cost has been paid. Petitioner seems to have lost interest in prosecuting the matter. 3. Accordingly, writ petition is dismissed for non- prosecution. Sd/- (M.G.S. KAMAL) JUDGE RL List No.: 1 Sl No.: 7