- 1 - HC-KAR NC: 2026:KHC:34681 WP No. 25260 of 2022 C/W WP No. 24789 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. 25260 OF 2022 (GM-RES) C/W WRIT PETITION NO. 24789 OF 2022 (GM-RES) IN WP No. 25260/2022 BETWEEN: KUDOS FINANCE AND INVESTMENT PVT LTD., HAVING ITS REGISTERED OFFICE AT 7TH FLOOR, MARISOFT 3, EAST WING, MARI GOLD PREMISES, KALYANI NAGAR, PUNE - 411 014. REGISTERED UNDER COMPANY ACT, 1956 REPRESENTED BY ITS DIRECTOR, MR. PAVITRA WALVEKAR. …PETITIONER (BY SRI. GIRIDHAR S.V, ADVOCATE) AND: 1. ADJUDICATING AUTHORITY UNDER THE PREVENTION OF MONEY LAUNDERING ACT, 2002 ROOM NO.26, 4TH FLOOR, JEEVAN DEEP BUILDING, PARLIAMENT STREET, NEW DELHI - 110 001, Digitally signed by SUMA B N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:34681 WP No. 25260 of 2022 C/W WP No. 24789 of 2022 REPRESENTED BY ITS REGISTRAR/ ADMINISTRATIVE OFFICER. 2. DEPUTY DIRECTOR DIRECTORATE OF ENFORCEMENT, 3RD FLOOR, B BLOCK, BMTC BUILDING, SHANTINAGAR TTMC, KH ROAD, BANGALORE - 560 020. …RESPONDENTS (BY SRI. RAJA RAM SOORYAMBAIL, ADVOCATE FOR R1; SMT. ANUPARNA BORDOLI, ADVOCATE AND SRI. AJAY PAL SINGH, ADVOCATE FOR R2) THIS WP IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE NOTICE DTD 14.10.2022 ISSUED IN OC 732/2022 PRODUCED AT ANNEXURE-F ISSUED BY THE R1 U/S 8 OF THE ACT AND ETC., IN WP NO. 24789/2022 BETWEEN: KUDOS FINANCE AND INVESTMENT PVT. LTD., HAVING ITS REGISTERED OFFICE AT 7TH FLOOR, MARISOFT 3, EAST WING, MARI GOLD PREMISES KALYANI NAGAR, PUNE - 411 014 REPRESENTED BY ITS DIRECTOR MR. PAVITRA WALVEKAR COMPANY REGISTERED UNDER COMPANIES ACT, 1952. ...PETITIONER (BY SRI. GIRIDHAR S.V, ADVOCATE) AND: 1. ADJUDICATING AUTHROITY UNDER THE PREVENTION OF MONEY - 3 - HC-KAR NC: 2026:KHC:34681 WP No. 25260 of 2022 C/W WP No. 24789 of 2022 LAUNDERING ACT, 2002 ROOM NO.26, 4TH FLOOR JEEVAN DEEP BUILDING, PARLIAMENT STREET, NEW DELHI - 110 001. 2. DEPUTY DIRECTOR DIRECTORATE OF ENFORCEMENT 3RD FLOOR, B BLOCK, BMTC BUILDING SHANTHINAGAR TTMC, KH ROAD BANGALORE - 560 020. ...RESPONDENTS (BY SRI. RAJARAM SOORYAMBAIL, ADVOCATE FOR R1; SMT. ANUPARNA BORDOLI, ADVOCATE AND SRI. AJAY PAL SINGH, ADVOCATE FOR R2) THIS WP IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE NOTICE DTD 01.12.2022 ISSUED IN OA 762/2022 PRODUCED AT ANNEXURE-F ISSUED BY THE R1 U/S 8 OF THE ACT AND ETC., THESE PETITIONS, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE M.G.S. KAMAL COMMON ORAL ORDER Petitioner is before this Court being aggrieved by the notices dated 14.10.2022 and 01.12.2022 by respondent No.1 - Adjudicating Authority issued under Section 8(1) of the Prevention of Money - Laundering Act, 2002 (for short 'PMLA') - 4 - HC-KAR NC: 2026:KHC:34681 WP No. 25260 of 2022 C/W WP No. 24789 of 2022 calling upon the petitioner to show cause why the retention of documents/ records seized as per the details provided in the application be not permitted to be retained by the Enforcement Directorate in terms of Section 17(4) of PMLA. 2. Learned counsel for the petitioner submits, since petitioner had approached this Court at the stage of receipt of the said showcase notices, if liberty is reserved to the petitioner to submit additional documents with the statement of objections, if any, with a further direction to the respondent- Authorities to consider the same and not to precipitate the matter till such consideration, purpose of the petition will be served. 3. Learned counsel for the respondents submit that, if petitioner has already submitted the objections and if the petitioner submits further objections and response, the same will be considered in accordance with law. 4. Submission is placed on record. 5. Accordingly, petitions are disposed of reserving liberty of petitioner to submit additional response/ reply along with the documents, if any, within 30 days from today and the respondent-authorities to consider the same and pass - 5 - HC-KAR NC: 2026:KHC:34681 WP No. 25260 of 2022 C/W WP No. 24789 of 2022 appropriate orders in accordance with law within an outer limit of 60 days from thereafter. It is made clear that respondent-authorities shall not precipitate the matter till consideration of the said response/ additional response as directed herein above. Sd/- (M.G.S. KAMAL) JUDGE SPV List No.: 1 Sl No.: 17