Karnataka High Court

WP/12611/2024 of MR KASHIF Vs THE STATE OF KARNATAKA on 25 September 2026

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CNR: KAHC010212782024 NC: 2026:KHC:53340 WP No. 12611 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE B.PRAMOD WRIT PETITION NO.12611 OF 2024 (GM-RES) BETWEEN: MR. KASHIF S/O. C. RAHMATHULLA AGED ABOUT 40 YEARS

HC-KAR

IN THE HIGH COURT OF KARNATAKA AT BENGALURU

DATED THIS THE 25TH DAY OF SEPTEMBER, 2026

BEFORE

THE HON'BLE MR. JUSTICE B.PRAMOD

WRIT PETITION NO.12611 OF 2024 (GM-RES)

BETWEEN:

MR. KASHIF

S/O. C. RAHMATHULLA

AGED ABOUT 40 YEARS

R/AT NO.10, 3RD CROSS

HUTCHINS ROAD

BENGALURU-560 084

…PETITIONER

(BY SRI MAHADEVAIAH K. B., ADVOCATE)

AND:

1.

THE STATE OF KARNATAKA

REP. BY ITS CHIEF SECRETARY

GOVERNMENT OF KARNATAKA

VIDHANA SOUDHA

BENGALURU-560 001

2.

THE COMPETENT AUTHORITY

FOR - M/S. AALA VENTURES LTD.

DEPUTY COMMISSIONER (URBAN)

BENGALURU, KANDAYA BHAVAN

BENGALURU-560 009

3.

M/S. AALA VENTURES LTD.,

REGISTERED UNDER THE COMPANIES

ACT, 1955, HAVING ITS OFFICE AT NO.403

3RD FLOOR, 5TH CROSS, 5TH MAIN

1ST STAGE, 3RD BLOCK, H. B. R. LAYOUT

KALYAN NAGAR POST

Digitally signed

by

SHARADAVANI

B

Location: HIGH

COURT OF

KARNATAKA

HC-KAR

BENGALURU-560 043

REP. BY ITS CHAIRMAN

MR. NADIM AHMED

4.

MR. NADIM AHMED

S/O. LATE NISAR AHMED

AGED ABOUT 41 YEARS

NO.403, 3RD FLOOR

5TH CROSS, 5TH MAIN

1ST STAGE, 3RD BLOCK

H.B.R. LAYOUT

KALYAN NAGAR POST

BENGALURU-560 043

…RESPONDENTS

(BY SRI MANJUNATHA RAYAPPA, A.G.A. FOR R-1, SRI R. S. BUDIHAL, ADVOCATE FOR R-2)

THIS WRIT PETITION IS FILED UNDER ARTICLES 226 &

227 OF THE CONSTITUTION OF INDIA PRAYING TO QUASH THE

IMPUGNED ORDER DATED 25.11.2022 PASSED BY THE

XCI

ADDITIONAL

CITY

CIVIL

AND

SESSIONS

JUDGE,

BENGALURU (CCH-92) IN MISC. NO.27/2022 ATTACHMENT

MADE ABSOLUTE IN RESPECT OF PETITIONER SCHEDULE

PROPERTY AT ANNEXURE-H1 IN RESPECT OF THE PETITIONER

ARE CONCERNED.

THIS

PETITION,

COMING

ON

FOR

PRELIMINARY

HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

CORAM: HON'BLE MR. JUSTICE B.PRAMOD

HC-KAR

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ORAL ORDER

The present petition is filed calling in question the impugned order dated 25.11.2022 passed by learned XCI Additional City Civil and sessions Judge, Bengaluru (CCH-

92) in Misc. No.27/2022.

2. Heard Sri. Veeresh Budihal, learned counsel appearing for respondent No.2-competent authority.

3. Learned counsel appearing for second respondent-competent authority submits that against the impugned order, the petitioner has an alternative and efficacious statutory remedy under Section 16 of the Karnataka Protection of Interest of Depositors in Financial Establishments Act, 2004, which is not disputed by the learned counsel for the petitioner. Hence, the present writ petition cannot be entertained. Needless to mention the period spent in the present case, the petitioner would be entitled for calculating period of limitation.

HC-KAR

Liberty is reserved to the petitioner to avail statutory remedy, if so advised.

Hence, writ petition stands dismissed.

Sd/- (B.PRAMOD) JUDGE

BSV List No.: 1 Sl No.: 5

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