- 1 - HC-KAR NC: 2026:KHC:20392 WP No. 11249 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF APRIL, 2026 BEFORE THE HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM WRIT PETITION NO. 11249 OF 2026 (GM-RES) BETWEEN: LARSEN AND TOUBRO LIMITED A COMPANY WITHIN THE MEANING OF THE COMPANIES ACT, 2013 HEADQUARTERS AT P B NO. 979, MOUNT PONAMALLEE ROAD, MANAPAKKAM, CHENNAI-600089, TAMIL NADU REGISTERED OFFICE AT L AND T HOUSE, NAROTTAM MORARJI MARG, BALLARD ESTATE, MUMBAI 400 001 AND ITS REGIONAL OFFICE AT H. NO. 2073/B, 2ND FLOOR, 04TH CROSS RD, OPP. 01ST MAIN RD, JUDICIAL LAYOUT, YELAHANKA BENGALURU (KARNATAKA) - 560064. REPRESENTED HEREIN BY ITS AUTHORIZED SIGNATORY MR. JASPREET SINGH GILL …PETITIONER (BY SRI. UDAYA HOLLA, SR. COUNSEL FOR SRI. MANU PRABHAKAR KULKARNI., ADVOCATE) AND: RAIL INFRASTRUCTURE DEVELOPMENT COMPANY (KARNATAKA) LIMITED Digitally signed by CHAITHRA A Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:20392 WP No. 11249 of 2026 A COMPANY WITHIN THE MEANING OF THE COMPANIES ACT, 2013 HAVING REGISTERED OFFICE AT SAMPARKA SOUDHA, DR. RAJKUMAR ROAD RAJAJINAGAR, 1ST BLOCK BENGALURU- 560010 REPRESENTED BY ITS MANAGING DIRECTOR …RESPONDENT (BY SRI. SHASHIKIRAN SHETTY, AG FOR SRI. ANUKANKASHA KALKERI, ADVOCATE) THIS WRIT PETITION IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO CALL FOR RECORDS OF COMMERCIAL MA NO. 5/2026 PENDING BEFORE THE HON'BLE LXXXIII ADDITIONAL CITY CIVIL AND SESSIONS JUDGE (COMMERCIAL COURT), SET ASIDE THE ORDER DATED 06.04.2026 (ANNEXURE A) ONLY TO THE EXTENT THAT EX PARTE / AD INTERIM RELIEF AS PRAYED FOR IN RESPECT OF IA NO.3 TO 5 IN COMMERCIAL MA NO. 5/2026 PENDING BEFORE THE HON'BLE LXXX III ADDITIONAL CITY CIVIL AND SESSIONS JUDGE (COMMERCIAL COURT) WAS NOT GRANTED AND INSTEAD THE MATTER WAS ADJOURNED TO 21.04.2026. PASS AN ORDER ALLOWING IA NO. 3 IN COMMERCIAL MA NO. 5/2026 PENDING BEFORE THE HON'BLE COMMERCIAL COURT AND CONSEQUENTLY, PASS AN ORDER DIRECTING THE RESPONDENT TO DEPOSIT THE SUM OF INR 31,21,54,260/- (INDIAN RUPEES THIRTY-ONE CRORE TWENTY- ONE LAKH FIFTY-FOUR THOUSAND TWO HUNDRED AND SIXTY ONLY) DERIVED UNDER THE PERFORMANCE BANK GUARANTEE BEARING NO. 0228G07240170001 DATED 17.01.2024 DRAWN ON YES BANK LIMITED, BENGALURU BEFORE THE HONBLE LXXXIIIADDITIONAL CITY CIVIL AND SESSIONS JUDGE (COMMERCIAL COURT), UNTIL DISPOSAL OF COMMERCIAL MA NO. 5/2026IN THE ALTERNATIVE TO AND WITHOUT PREJUDICE TO PRAYER CLAUSE (III), PASS AN ORDER ALLOWING IA NO. 4 IN COMMERCIAL MA NO. 5/2026 PENDING BEFORE THE HONBLE COMMERCIAL COURT AND CONSEQUENTLY, PASS AN ORDER RESTRAINING THE RESPONDENT FROM UTILIZING OR TRANSFERRING THE SUM OF INR 31,21,54,260/- (INDIAN - 3 - HC-KAR NC: 2026:KHC:20392 WP No. 11249 of 2026 RUPEES THIRTY-ONE CRORE TWENTY-ONE LAKH FIFTY-FOUR THOUSAND TWO HUNDRED AND SIXTY ONLY) DERIVED BY THE RESPONDENT UNDER THE PERFORMANCE BANK GUARANTEE BEARING NO. 022BG07240170001 DATED 17.01.2024 DRAWN ON YES BANK LIMITED, BENGALURU UNTIL DISPOSAL OF COMMERCIAL MA NO. 5/2026 BY THE HONBLE LXXX II ADDITIONAL CITY CIVIL AND SESSIONS JUDGE (COMMERCIAL COURT). IN THE ALTERNATIVE TO AND WITHOUT PREJUDICE TO PRAYER CLAUSE (III), PASS AN ORDER ALLOWING I.A. NO. 5 IN COMMERCIAL MA NO. 5/2026 PENDING BEFORE THE HONBLE COMMERCIAL COURT AND CONSEQUENTLY PASS AN ORDER RESTRAINING THE RESPONDENT FROM UTILIZING, DEALING WITH, TRANSFERRING OR PARTING WITH THE SUM OF INR 31,21,54,260/- (INDIAN RUPEES THIRTY-ONE CRORE TWENTY- ONE LAKH FIFTY-FOUR THOUSAND TWO HUNDRED AND SIXTY ONLY), STANDING IN THE RESPONDENTS BANK ACCOUNT HELD IN THE NAME 0430201012110 OF RAIL INFRASTRUCTURE DEVELOPMENT COMPANY (KARNATAKA) LIMITED, BEARING BANK ACCOUNT NO. MAINTAINED WITH CANARA BANK WITH IFSC CODE. CNRB0002636, PRIME CORPORATE BRANCH, BENGALURU AS RECEIVED CONSEQUENT TO ENCASHMENT OF THE PERFORMANCE BANK GUARANTEE BEARING NO. 0228607240170001 DATED 17.01.2024 DRAWN ON YES BANK LIMITED, BENGALURU UNTIL DISPOSAL OF COMMERCIAL MA NO. 5/2026 BY THE HONBLE LXXXIII ADDITIONAL CITY CIVIL AND SESSIONS JUDGE (COMMERCIAL COURT) PASS SUCH FURTHER ORDER/S AS THIS HONBLE COURT MAY DEEM FIT IN THE INTEREST OF JUSTICE AND EQUITY. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SACHIN SHANKAR MAGADUM - 4 - HC-KAR NC: 2026:KHC:20392 WP No. 11249 of 2026 ORAL JUDGMENT Learned counsel for the petitioner has filed a memo seeking permission to withdraw the writ petition. Memo is taken on record. 2. In view of the memo, the writ petition is dismissed as withdrawn with liberty to approach, if the need arises. Sd/- (SACHIN SHANKAR MAGADUM) JUDGE ALB List No.: 4 Sl No.: 1