Extracted from the PDF above. The PDF is authoritative.
- 1 -
HC-KAR NC: 2026:KHC:33448 WP No. 29428 of 2025
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3RD DAY OF JULY, 2026 BEFORE THE HON'BLE MR. JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 29428 OF 2025 (GM-RES) BETWEEN:
MR. MADHUSUDHAN K, S/O KUSTAGI GUNDACHAR, AGED ABOUT 56 YEARS, R/AT NO 85, SRI SESHAJAYA MAHAL, H CROSS, IDEAL HOMES TOWNSHIP, 2ND STAGE, RAJA RAJESHWARI NAGAR, BENGALURU-500 098.
AS PER COMPLAINT PRESIDENT AND CEO M/S SAMRUDDHI REALITY LIMITED, OFFICE AT NO.21/15, 4TH FLOOR, M G ROAD, BENGALURU-560001.
(NOW SUSPENDED FROM THE POST OF MANAGING DIRECTOR BY VIRTUE OF MORATORIUM DECLARED BY THE HON'BLE NCLT) …PETITIONER (BY SRI DILIP KUMAR I S, ADVOCATE) AND:
1.
SRI LAKSHMI STEEL SUPPLIERS, COMPANY UNDER COMPANIES ACT, NATURE: STEEL SUPPLY, REP. BY SRI. VITTAL TGR, MANAGER, CREDIT CONTROL, NO. 305, 3RD FLOOR, 901,
Digitally signed by PADMAVATHI B K Location: High Court of Karnataka
- 2 -
HC-KAR NC: 2026:KHC:33448 WP No. 29428 of 2025
“PRIDE HULKUL” LALBAGH ROAD, BENGALURU-560 027.
2.
M/S SAMRUDDHI REALITY LTD., COMPANY UNDER COMPANIES ACT, NATURE: CONSTRUCTION, OFF: THE LANDMARK, NO.21/15, 4TH FLOOR, M.G ROAD, BENGALURU-560001.
REPRESENTED BY ITS OFFICIAL LIQUIDATOR. …RESPONDENTS
THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF CONSTITUTION OF INDIA READ WITH SECTION 482 OF CODE OF CRIMINAL PROCEDURE, 1973 PRAYING TO-SET ASIDE THE
ORDER DATED 21.12.2024 PRODUCED AT ANNEXURE-A PASSED IN CC 53824/2018 PENDING ON THE FILE OF HON’BLE XXXIII ACJM, MAYO HALL AT BENGALURU BY ALLOWING THE APPLICATION FILED UNDER SEC 305 OF THE CODE.
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 petitioners has moved a memo seeking permission to withdraw the petition.
2. The memo reads as follows:
“WITHDRAWAL MEMO The Petitioner's Counsel herein above humbly submits that, the petitioner wants to withdraw the petition hence this memo, kindly permit to the petitioner to withdraw above petition, in the interest of justice.”
- 3 -
HC-KAR NC: 2026:KHC:33448 WP No. 29428 of 2025
In terms of the memo, the writ petition is disposed as withdrawn.
Sd/- (M.NAGAPRASANNA) JUDGE
NVJ List No.: 4 Sl No.: 5