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2026 DAILYLAW 27031 (KAR)

MRS. PRITI GUPTA v. DIRECTORATE OF ENFORCEMENT

WP/10529/2022 · 2026-07-09

M G S Kamal

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:34808 WP No. 10529 of 2022 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.G.S. KAMAL WRIT PETITION NO. 10529 OF 2022 (GM-RES) BETWEEN: MRS. PRITI GUPTA W/O NIRANJAN GUPTA, AGED ABOUT 55 YEARS, RESIDING AT FLAT NO.EN-3, MRPL OFFICERS RESIDENTIAL COLONY, MRPL TOWNSHIP, KATIPALLA, MANGALURU - 575 030. …PETITIONER (BY SRI. NAGENDRA NAIK R.,ADVOCATE) AND: 1. DIRECTORATE OF ENFORCEMENT MANGALURU SUB ZONAL OFFICE, 2ND FLOOR, 4-212/16, VISTARA COMMERCIAL COMPLEX, AIRPORT ROAD, YEYYADY, KONCHADY, MANGALURU - 575 008. REPRESENTED BY ITS DEPUTY DIRECTOR. 2. ICICI SECURITIES LTD., ICICI VENTURE HOUSE APPASAHEB MARATHE MARG, PRABHADEVI, MUMBAI PIN CODE 400 025, REPRESENTED BY ITS MD AND CEO. Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:34808 WP No. 10529 of 2022 3. ICICI BANK LTD., BHARATH BUILDING, GROUND FLOOR, P M RAO ROAD, MANGALORE, KARNATAKA - 575 001. REPRESENTED BY ITS BRANCH MANAGER. …RESPONDENTS (BY SMT. ANUPARNA BORDOLI.,ADVOCATE FOR R1; SRI. B.V. MOHAN ADEKAR., ADVOCATE FOR R2; SRI. JAI PATIL, ADVOCATE FOR R3) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO DIRECT THE R-2 AND 3 TO DE-FREEZE THE SAME TRADING ACCOUNT OF THE PETITIONER MAINTAINED AT R-2 AND 3 BEARING CLIENT ID NO ICICI DIRECT CLIENT ID NO. 8500141744, DEMANT A/C DP ID. IN300183, CLIENT ID. 13618609, IN EXCESS OF THE FREEZED VALUE OF RS.50,00,000.00/- RUPEES (INVESTED VALUE OF THE SHARE) BRANCH AS PER ANNX-A VIDE ORDER DATED 01.04.2022. THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL - 3 - HC-KAR NC: 2026:KHC:34808 WP No. 10529 of 2022 ORAL ORDER Sri. Nagendra Naik. R, learned counsel for the petitioners files a memo dated 09.07.2026, which reads as under: MEMO FOR WITHDRAWAL: '' The undersigned counsel for the Petitioner most respectfully submits as follows: It is submitted before this Hon'ble court that the Petitioner and her husband named Niranjan Gupta have been discharged in the predicate offence in Spl.CC. 173/2022 vide the Order dated 1.04.2023. Consequently, the said case under the prevention of money laundering act 2002 registered against the Petitioner came to be quashed rendering the present writ petition infructuous. Hence, the petitioner expresses her willingness to not press the said writ petition. The Order of discharge dated 1.04.2023 in Spl.CC. 173/2022 is produced alongwith this memo for the kind perusal of this Hon'ble court. The same may be taken on record in the interest of Justice and Equity.'' 2. Memo is taken on record. 3. Accordingly, petition is dismissed as withdrawn. Sd/- (M.G.S. KAMAL) JUDGE RL List No.: 1 Sl No.: 27