Indiranagar Chit Funds Petition Dismissed as Infructuous

Authority: High Court of Karnataka at Bengaluru

Order Date: 11 September 2026

Case Overview

• Petitioners: Indiranagar Chit Funds and Trading Company Private Ltd., represented by authorized signatories Chandrasekhara Babu, Ravi Kumar P.K., and director Vaishak Babu.
• Respondent: E. Harish, residing at Manjunatha Jewellery Works, 2nd Temple Road, Malleswaram, Bengaluru.
• The petition, filed under Section 482 of the Criminal Procedure Code, sought to quash Criminal Case No. 28135/2019 pending before the Additional Chief Metropolitan Magistrate, Bengaluru.
• Petitioners moved the Court for permission to withdraw the petition, stating it had become infructuous.

Final Outcome

• Justice H.P. Sandesh permitted the withdrawal and dismissed the criminal petition as infructuous, thereby terminating the proceedings.

Topics: Legal Dispute, Court Order