M/S. Primus Life Spaces Private Limited v. the Special Officer and Competent Authority

Karnataka HC1 Jul 2026WP/39163/2025

Case brief

AI extract

What is this about?

Karnataka HC (NC: 2026:KHC:32785); WP No. 39163 of 2025 (GM-RES); M/s Primus Life Spaces Pvt Ltd v. Special Officer & Competent Authority (KPIDFE), Punjab National Bank Cantonment Branch, HDFC Bank Kasturba Road Branch; Article 226 mandamus; release of properties attached under KPIDFE Act, 2004; memo for withdrawal; petition disposed as infructuous; Justice M. Nagaprasanna; 1 July 2026.

What did the court decide?

None; the writ petition was disposed as having become infructuous pursuant to the petitioner's memo for withdrawal. ¶40-41

M/S. Primus Life Spaces Private Limited Vs the… — Company and Corporate | Karnataka HC (2026)

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NC: 2026:KHC:32785 WP No. 39163 of 2025

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HC-KAR

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 1^ST DAY OF JULY, 2026

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BEFORE

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THE HON'BLE MR. JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 39163 OF 2025 (GM-RES)

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BETWEEN:

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M/S. PRIMUS LIFE SPACES PRIVATE LIMITED, A COMPANY INCORPORATED UNDER COMPANIES ACT, 2013,

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HAVING ITS OFFICE AT: NO.41, VITTAL MALLYA ROAD, BANGALORE - 560001.

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REP. BY ITS AUTHORISED SIGNATORY MR. MANJUNATH K, GENERAL MANAGER (ACCOUNTS)

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…PETITIONER

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(BY SRI ANIRUDH A KULKARNI, ADVOCATE)

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AND:

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Digitally signed by PADMAVATHI B K

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Location: High Court of Karnataka

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THE SPECIAL OFFICER & COMPETENT AUTHORITY, KARNATAKA PROTECTION OF INTEREST IN DEPOSITS BY FINANCIAL ESTABLISHMENTS ACT (KPIDFE), HAVING OFFICE AT 3 AND 4TH FLOOR, PODIUM BLOCK, V V MINI TOWERS, DR. AMBEDKAR VEEDHI, BANGALORE - 560001.

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PUNJAB NATIONAL BANK CANTONMENT BRANCH, REP. BY ITS BRANCH MANAGER, HAVING OFFICE AT NO.13, DAVIDOSS BUILDING, COMMERCIAL STREET, BENGALURU - 560001.

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HDFC BANK LIMITED KASTURBA ROAD BRANCH,

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NC: 2026:KHC:32785 WP No. 39163 of 2025

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HC-KAR

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REP. BY ITS BRANCH MANAGER, HAVING OFFICE AT 24/3, HDFC HOUSE NO. 51, KASTURBA ROAD, BENGALURU - 560001.

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…RESPONDENTS

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(BY SRI VEERESH BUDIHAL, ADVOCATE FOR R-1; SRI T.P MUTHANNA, ADVOCATE FOR R-2;

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SRI FRANCIS XAVIER, ADVOCATE FOR R-3)

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THIS W.P. IS FILED UNDER ARTICLE 226 OF CONSTIUTION OF INDIA, 1950 PRAYING TO A) ISSUE A WRIT OF MANDAMUS OR ANY OTHER APPROPRIATE WRIT, ORDER OR DIRECTION, DIRECTING THE RESPONDENT NO. 1 -SPECIAL OFFICER AND COMPETENT AUTHORITY TO RELEASE THE SUBJECT PROPERTIES FROM ATTACHMENT UNDER THE PROVISIONS OF THE KPIDFE ACT, 2004, FORTHWITH AND ETC.

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THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

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CORAM: HON'BLE MR. JUSTICE M.NAGAPRASANNA

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ORAL ORDER

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Learned counsel for the petitioner has moved a memo

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indicating that the petition has become infructuous, due to efflux of time.

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2. The memo reads as follows:

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“MEMO FOR WITHDRAWAL

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The undersigned counsel for the Petitioner seeks the permission of this Hon'ble Court to permit the Petitioner to

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NC: 2026:KHC:32785 WP No. 39163 of 2025

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HC-KAR

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withdraw the captioned Petition in view of the fact that the captioned writ petition has been rendered infructuous.

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WHEREFORE, it is humbly prayed that this Hon'ble Court may be pleased to allow this memo and dismiss the Petition as having been withdrawn, in the interest of justice and equity.”

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In terms of the memo, the writ petition is disposed as

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having become infructuous.

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Sd/(M.NAGAPRASANNA) JUDGE

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NVJ List No.: 1 Sl No.: 118

M/S. Primus Life Spaces Private Limited v. the Special Officer and Competent Authority

Case brief

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M/S. Primus Life Spaces Private Limited v. the Special Officer and Competent Authority

Case brief

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