IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 08^TH DAY OF JANUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE M. NAGAPRASANNA CRIMINAL PETITION No.12794 OF 2024 C/W CRIMINAL PETITION No.8944 OF 2023 IN CRIMINAL PETITION No.12794 OF 2024 BETWEEN:

1 . M/S. KINETA GLOBAL LTD., REGISTERED AT PLOT NO.566 ROAD NO.31, JUBILEE HILLS HYDERABAD – 500 033 REPRESENTED BY ITS AUTHORIZED SIGNATORY MR. VALLABBHANENI BALASHOURI.

2 . Mr. VALLABBHANENI BALASHOURI S/O JOJAIAH NAIDU AGED ABOUT 55 YEARS RESIDING AT NO. 260 PRASHASANA NAGARA ROAD NO.72, JUBILEE HILLS HYDERABAD, AS WELL AS PLOT NO.51 AND 54 KINETA TOWERS, 4^TH FLOOR VENKATESHWARA HILLS

3^RD ROAD, BANJARA HILLS HYDERABAD – 500 034.

3 . MR. MANDAGIRI CHARAN S/O M.L.PRAKASH AGED ABOUT 48 YEARS RESIDING AT NO. 203 HALL MARK, HILL VIEWS AND JOURNALIST COLONY JUBILEE HILLS ROAD NO.72 HYDERABAD – 500 034.

... PETITIONERS (BY SRI DAMA SESHADRI NAIDU, SENIOR ADVOCATE A/W., SRI CHINTAN CHINNAPPA M., ADVOCATE)

AND:

1 . STATE OF KARNATAKA REPRESENTED BY THE STATE PUBLIC PROSECUTOR KARNATAKA LOKAYUKTA BENGALURU – 560 001.

2 . M. PUTTA MAADAIAH S/O MADAIAH SUPERINTENDENT OF POLICE SPECIAL INVESTIGATION TEAM KARNATAKA LOKAYUKTA BENGALURU – 560 001.

... RESPONDENTS (BY SRI B.N.JAGADEESHA, ADDL. SPP FOR R1;

SRI B.S.PRASAD, SPL. PP FOR R2)

THIS CRIMINAL PETITION IS FILED UNDER SECTION 482 OF CR.P.C., PRAYING TO QUASH THE CRIMINAL PROCEEDINGS PENDING IN C.C.NO.30381/2024 (ANNEXURE-A) ON THE FILE OF HON’BLE 42^nd ACJM, BENGALURU CITY, FOR THE OFFENCE P/U/S 21(1) OF MINES AND MINERALS (DEVELOPMENT AND REGULATION) ACT, 1957, AS AGAINST THESE PETITIONERS.

IN CRIMINAL PETITION No.8944 OF 2023 BETWEEN:

1 . M/S. KINETA GLOBAL LIMITED EARLIER KNOWN AS KINETA MINERALS AND METALS LTD., HAVING ITS REGISTERED OFFICE AT PLOT NO.566, ROAD NO.31, JUBILEE HILLS HYDERABAD – 500 033 REPRESENTED BY ITS AUTHORISED SIGNATORY MR. VALLABANENI BALASHOURI.

2 . MR. VALLABHANENI BALASHOURI S/O V.JOJAIAH NAIDU AGED ABOUT 54 YEARS RESIDING AT NO. 260 PRASHASANA NAGARA ROAD NO.72, JUBLIEE HILLS HYDERABAD AND PLOT NO.51 AND 54, KINETA TOWERS

4^TH FLOOR, VENKATESHWARA HILLS

3^RD ROAD, BANJARA HILLS HYDERABAD – 500 034.

3 . MR. MANDAGIRI CHARAN S/O LOURD PRAKASH AGED ABOUT 48 YEARS R/AT NO.203, HALL MARK HILL VIEWS AND JOURNALIST COLONY JUBILEE HILLS ROAD NO.72 IN FRONT OF SBI BANK HYDERABAD – 500 034.

... PETITIONERS (BY SRI DAMA SESHADRI NAIDU, SENIOR ADVOCATE A/W., SRI CHINTAN CHINNAPPA M., ADVOCATE)

AND:

1 . STATE OF KARNATAKA REPRESENTED BY STATE PUBLIC PROSECUTOR KARNATAKA LOKAYUKTA BENGALURU – 560 001 KARNATAKA.

2 . M.PUTTAMADAIAH, I.P.S., SUPERINTENDENT OF POLICE SPECIAL INVESTIGATION TEAM KARNATAKA LOKAYUKTA BENGALURU – 560 001 KARNATAKA.

... RESPONDENTS (BY SRI B.N.JAGADEESHA, ADDL. SPP FOR R1;

SRI B.S.PRASAD, SPL. PP FOR R2)

THIS CRIMINAL PETITION IS FILED UNDER SECTION 482 OF CR.P.C., PRAYING TO QUASH THE ENTIRE PROCEEDINGS IN C.C.NO.32618/2021 (ANNEXURE C) ON THE FILE OF THE HON’BLE XLII ACMM (SPL.COURT EXCLUSIVELY TO DEAL WITH CRIMINAL CASES RELATED TO MPs/MLAs TRIABLE BY THE MAGISTRATE IN THE STATE OF KARNATAKA) FOR THE OFFENCES P/U/S 379, 420, 465, 467, 468, 471 R/W SEC.120-B OF IPC AND SEC.7,13(2) R/W SEC.13(1)(d) OF PREVENTION OF CORRUPTION ACT 1988 AND SEC.21 AND 23 R/W SEC.4(1), 4(1)(a) OF MINES AND MINERALS (DEVELOPMENT AND REGULATION) ACT AS AGAINST THESE PETITIONER.

THESE CRIMINAL PETITIONS HAVING BEEN HEARD AND RESERVED FOR ORDERS, COMING ON FOR PRONOUNCEMENT THIS DAY, THE COURT MADE THE FOLLOWING:-

CORAM: THE HON'BLE MR JUSTICE M.NAGAPRASANNA

CAV ORDER

The proceedings impugned herein arise out of Crime No.2 of

2019 culminating in C.C.No.30381 of 2024 and C.C.No.32618 of 2021 pending before the 42^nd Additional Chief Metropolitan Magistrate, Bengaluru for offences punishable under Sections 411, 420 and 120B of the IPC.

2. Facts, in brief, germane are as follows: -

2.1. The 1^st petitioner is a Company registered under the provisions of the Companies Act, 1956 and petitioner No.2 is the Managing Director of the 1^st petitioner/Company and is