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2026 DAILYLAW 5993 (KAR)

M/S AALA VENTURES LTD v. PRINCIPAL SECRETARY REVENUE DEPARTMENT

WP/23211/2023 · 2026-03-18

Lalitha Kanneganti

body2026

Judgment text

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- 1 - HC-KAR NC: 2026:KHC:16082 WP No. 23211 of 2023 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 18TH DAY OF MARCH, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI WRIT PETITION NO. 23211 OF 2023 (GM-RES) BETWEEN: M/S. AALA VENTURES LTD., HAVIN ITS HEAD OFFICE AT NO. 403, 3RD FLOOR 5TH CROSS, 5TH MAIN, 1ST STAGE, 3RD BLOCK, HBR LAYOUT KALYAN NAGAR P.O, BANGALORE - 560 043 REP. BY ITS CHAIRMAN NAJMU HUSSAIN, AGED 45 YEARS. …PETITIONER (BY SRI. SRIVASTHAVA H.K, ADVOCATE) AND: 1. PRINCIPAL SECRETARY REVENUE DEPARTMENT M.S. BUILDING, VIDHANA SOUDHA, AMBEDKAR VEEDHI, BANGALORE - 560 001. 2. THE COMPTENT AUTHORITY FOR AAALA VENTURES LTD., …RESPONDENTS THIS WP IS FILED UNDER ARTICLE 227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE ORDER DTD 25/11/2022 IN MISC.NO. 27/2022 PASSED BY THE XCI ADDL. CITY CIVIL AND SESSIONS JUDGE AND SPECIAL JUDGE FOR KPIDFE CASES, BENGALURU (CCH-92) WHEREBY THE Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:16082 WP No. 23211 of 2023 PETITION FILED BY THE RESPONDENT AUTHORITY HEREIN UNDER SEC 5(2) OF THE KARNATAKA PROTECTION OF INTEREST OF DEPOSITORS IN FINANCIAL ESTABLISHMENTS ACT, 2004 CAME TO BE ALLOWED AND ETC., THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER The present writ petition is filed seeking the following prayers: "I. Issue Writ of certiorari quashing the order dated 25/11/2022 in Misc No. 27/2022, passed by the XCI Additional City Civil and Sessions Judge, and Special Judge for KPIDFE Cases, Bengaluru (CCH-92), whereby the Petition filed by the Respondent Authority herein under section 5(2) of the Karnataka Protection of Interest of Depositors in Financial Establishments Act, 2004 came to be allowed. II. Issue Writ of Certiorari quashing the interim order of attachment passed by the Government vide notification - 3 - HC-KAR NC: 2026:KHC:16082 WP No. 23211 of 2023 bearing No. RD-28-GRC-2019 Bengaluru dated 18.11.2019, III. Direct the Respondent Competent Authority to furnish all claim details to the Petitioner based on which attachment order is issued. IV. Cost and such other reliefs, this honourable court deems fit under the facts and circumstances of this case." 2. The writ petition is of the year 2023. Even till date, no notice has been issued to the respondents. The matter first time came up in the year 2025 for non-compliance of office objections. Thereafter, when the matter was listed on 29.10.2025, the office objections were still not complied with. Subsequently, on 13.03.2026, there was no representation on behalf of the petitioner and the office objections were still not complied with. Hence, this Court directed that the matter to be listed under the caption for dismissal. 3. Even today, there is no representation on behalf of the petitioner. It appears that the petitioner is not interested to pursue the matter. - 4 - HC-KAR NC: 2026:KHC:16082 WP No. 23211 of 2023 4. Accordingly, the writ petition is dismissed for non-prosecution. SD/- (LALITHA KANNEGANTI) JUDGE SMC List No.: 1 Sl No.: 11