M/S Sujay Resorts and Township Projects Pvt. Ltd. v. State of Karnataka
Case brief
What is this about?
Karnataka HC (M. Nagaprasanna J, 15.04.2026) disposes Crl.P 15494/2025, Crl.P 6818/2025 and WP 31436/2025: FIR Crime No. 0114/2025 (HSR Layout PS, dated 27.03.2025) under ss.318(4), 319(2), 336(2), 336(3), 338, 339, 340(2) BNS 2023 and chargesheet/order of cognizance in C.C. No. 28309/2025 under ss.316(2), 318(4), 61(2) BNS quashed qua petitioners on Joint Affidavits of Settlement; commercial dispute over acquisition of shareholding in Agara Techzone Pvt. Ltd.; Rs. 360 crore ICD transfer to Shore Dwellings Pvt. Ltd.; CERSAI charge removed 12.07.2025; complainant Hanumantharaya D consented and undertook not to reagitate; reciprocal quashing of EOW Delhi FIR No.0190/2025 via WP (CRL.) 646/2026; petitions under S.482 Cr.P.C / S.528 BNSS and Articles 226/227; parties: Sujay Resorts, Naman Developers/Naman Group directors, Sammaan Capital (Indiabulls Housing Finance).
What did the court decide?
All three petitions disposed; FIR Crime No. 0114/2025, the chargesheet(s) and order(s) of cognizance in C.C. No. 28309/2025 quashed qua the respective petitioners on the basis of the Joint Affidavits of Settlement.