- 1 - HC-KAR CNR: KAHC010360542026 NC: 2026:KHC:47537 WP No. 16453 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1ST DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ WRIT PETITION NO. 16453 OF 2026 (GM-RES) BETWEEN: 1. M/S GROWW INVEST TECH PRIVATE LIMITED A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 2013, HAVING ITS REGISTERED OFFICE AT NO. 11, 80FT ROAD, 1ST AND 2ND FLOOR, 4TH BLOCK, S.T. BED, KORAMANGALA, BENGALURU - 560 034, KARNATAKA. (SEBI REGISTRATION NO. INZ000301838) REPRESENTED BY ITS AUTHORISED SIGNATORY MR. SANJEET VIKRAM SINGH, ASSOCIATE DIRECTOR. … PETITIONER (BY SMT. SREEDEVI T., ADVOCATE FOR SRI. PATIL J M., ADVOCATE) AND: 1. THE INSPECTOR OF POLICE INVESTIGATING OFFICER, REGIONAL OFFICE, CRIME INVESTIGATION DEPARTMENT (CID), MANGALAGIRI, GUNTUR DISTRICT, ANDHRA PRADESH - 522 503. 2. AXIS BANK LIMITED, NO. 8, 'SONA TOWER', 32 'E' CROSS, JAYANAGAR 4TH 'T' BLOCK, BENGALURU - 560 041. Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010360542026 NC: 2026:KHC:47537 WP No. 16453 of 2026 3. THE NODAL OFFICER, AXIS BANK LIMITED, 5TH FLOOR, GIGAPLEX PLOT NO. I.T.5, MIDC, AIROLI KNOWLEDGE PARK, NAVI MUMBAI - 400 708. … RESPONDENTS (BY SRI. FRANCIS XAVIER, ADVOCATE FOR R2; V/O DATED 17.06.2026, NOTICE TO R1 AND R3 ARE DEFERRED) THIS W.P. IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA, PRAYING TO I. TO ISSUE A WRIT OF CERTIORARI QUASHING THE NOTICE UNDER SECTION 106 OF BNSS WHICH WAS ISSUED BY THE 1ST RESPONDENT DIRECTING THE 3RD RESPONDENT TO LIEN MARK THE AMOUNT OF RS.1,70,00,000.00 WHICH IS IN THE ACCOUNT NUMBER GROW0842872126718 WHICH IS MAINTAINED WITH 2ND RESPONDENT BRANCH AT ANNEXURE-A (TO THE WRIT PETITION) AND ETC. THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ ORAL ORDER 1. The petitioner is before this Court seeking for the following reliefs: i. To issue a Writ of Certiorari quashing the Notice under section 106 of BNSS which was issued by the 1st respondent directing the 3rd respondent to lien mark the amount of Rs.1,70,00,000.00 which is in the account number GROW0842872126718 which is maintained with 2nd respondent branch at ANNEXURE-A (to the writ petition); ii. To issue Writ of Mandamus directing the respondent to remove the Lien which is imposed on Rs.1,70,00,000.00 in the account of the petitioner to enable them to utilise their funds in the interest of justice and equity. - 3 - HC-KAR CNR: KAHC010360542026 NC: 2026:KHC:47537 WP No. 16453 of 2026 ii. To award costs and grant such other relief (s) or pass orders as this Hon'ble Court deems fit and expedient in the circumstances of the case in the interest of justice and equity. 2. A memo dated 01.09.2026 has been filed, signed by the learned counsel for the petitioner, which reads as under; Memo for withdrawal The petitioner had filed the above Petition challenging the notice issued by the 1st respondent, since the 1st respondent is from Andhra Pradesh. Hence, the petitioner would like to approach appropriate Court. Hence, it is prayed that this Hon'ble Court be Pleased to permit, the petitioner to withdraw the above petition with liberty to approach the appropriate Court in the interest of Justice & equity. 3. Accepting the said memo and submission of learned counsel for the petitioner, the petition is dismissed as withdrawn. Sd/- (SURAJ GOVINDARAJ) JUDGE SR List No.: 1 Sl No.: 58