IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 06^TH DAY OF FEBRUARY, 2026 PRESENT THE HON'BLE MRS. JUSTICE ANU SIVARAMAN AND THE HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL WRIT APPEAL NO.503 OF 2023 (GM-KIADB)

BETWEEN:

M/S. P.M. INFRASTRUCTURE PVT. LTD.

A COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956 REPRESENTED BY ITS DIRECTOR MR. M. BABANNA No.129, 7^TH MAIN V BLOCK, JAYANAGAR BENGALURU-560 041 ...APPELLANT (BY SRI. RAJESWARA P.N., ADVOCATE)

AND:

1 . STATE OF KARNATAKA REPRESENTED BY ITS PRINCIPAL SECRETARY COMMERCE AND INDUSTRIES DEPARTMENT VIKASA SOUDHA BENGALURU-560 001

2 . THE COMMISSIONER FOR INDUSTRIAL DEVELOPMENT AND DIRECTOR OF INDUSTRIES AND COMMERCE

2^ND FLOOR, SOUTH WING KHANIJA BHAVANA RACE COURSE ROAD BENGALURU-560 001

3 . KARNATAKA UDYOG MITRA REPRESENTED BY ITS MANAGING DIRECTOR

3^RD FLOOR KHANIJA BHAVAN (SOUTH WING)

No.49, RACE COURSE ROAD BENGALURU-560 001

4 . KARNATAKA INDUSTRIAL AREAS DEVELOPMENT BOARD REPRESENTED BY ITS CHIEF EXECUTIVE OFFICER AND EXECUTIVE MEMBER No.5, FOURTH FLOOR KHANIJA BHAVAN RACE COURSE ROAD BENGALURU-560 001 ...RESPONDENTS (BY SMT. PRAMODHINI KISHAN, AGA FOR R1 & R2;

SMT. RUPA V. RON, ADVOCATE FOR R3;

SRI. B.B. PATIL, ADVOCATE FOR C/R4;

SRI.