- 1 - HC-KAR NC: 2026:KHC:32785 WP No. 39163 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1ST DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 39163 OF 2025 (GM-RES) BETWEEN: M/S. PRIMUS LIFE SPACES PRIVATE LIMITED, A COMPANY INCORPORATED UNDER COMPANIES ACT, 2013, HAVING ITS OFFICE AT: NO.41, VITTAL MALLYA ROAD, BANGALORE - 560001. REP. BY ITS AUTHORISED SIGNATORY MR. MANJUNATH K, GENERAL MANAGER (ACCOUNTS) …PETITIONER (BY SRI ANIRUDH A KULKARNI, ADVOCATE) AND: 1. THE SPECIAL OFFICER & COMPETENT AUTHORITY, KARNATAKA PROTECTION OF INTEREST IN DEPOSITS BY FINANCIAL ESTABLISHMENTS ACT (KPIDFE), HAVING OFFICE AT 3 AND 4TH FLOOR, PODIUM BLOCK, V V MINI TOWERS, DR. AMBEDKAR VEEDHI, BANGALORE - 560001. 2. PUNJAB NATIONAL BANK CANTONMENT BRANCH, REP. BY ITS BRANCH MANAGER, HAVING OFFICE AT NO.13, DAVIDOSS BUILDING, COMMERCIAL STREET, BENGALURU - 560001. 3. HDFC BANK LIMITED KASTURBA ROAD BRANCH, Digitally signed by PADMAVATHI B K Location: High Court of Karnataka - 2 - HC-KAR NC: 2026:KHC:32785 WP No. 39163 of 2025 REP. BY ITS BRANCH MANAGER, HAVING OFFICE AT 24/3, HDFC HOUSE NO. 51, KASTURBA ROAD, BENGALURU - 560001. …RESPONDENTS (BY SRI VEERESH BUDIHAL, ADVOCATE FOR R-1; SRI T.P MUTHANNA, ADVOCATE FOR R-2; SRI FRANCIS XAVIER, ADVOCATE FOR R-3) THIS W.P. IS FILED UNDER ARTICLE 226 OF CONSTIUTION OF INDIA, 1950 PRAYING TO A) ISSUE A WRIT OF MANDAMUS OR ANY OTHER APPROPRIATE WRIT, ORDER OR DIRECTION, DIRECTING THE RESPONDENT NO. 1 -SPECIAL OFFICER AND COMPETENT AUTHORITY TO RELEASE THE SUBJECT PROPERTIES FROM ATTACHMENT UNDER THE PROVISIONS OF THE KPIDFE ACT, 2004, FORTHWITH AND ETC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.NAGAPRASANNA ORAL ORDER Learned counsel for the petitioner has moved a memo indicating that the petition has become infructuous, due to efflux of time. 2. The memo reads as follows: “MEMO FOR WITHDRAWAL The undersigned counsel for the Petitioner seeks the permission of this Hon'ble Court to permit the Petitioner to - 3 - HC-KAR NC: 2026:KHC:32785 WP No. 39163 of 2025 withdraw the captioned Petition in view of the fact that the captioned writ petition has been rendered infructuous. WHEREFORE, it is humbly prayed that this Hon'ble Court may be pleased to allow this memo and dismiss the Petition as having been withdrawn, in the interest of justice and equity.” In terms of the memo, the writ petition is disposed as having become infructuous. Sd/- (M.NAGAPRASANNA) JUDGE NVJ List No.: 1 Sl No.: 118