IN THE HIGH COURT OF KARNATAKA AT BENGALURU R DATED THIS THE 28^TH DAY OF APRIL, 2026 PRESENT THE HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE AND THE HON'BLE MR. JUSTICE C.M. POONACHA WRIT APPEAL NO. 499 OF 2024 (GM-KIADB)

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IDBI BANK LIMITED A COMPANY INCORPORATED AND REGISTERED UNDER THE COMPANIES ACT, 1956 AND A BANKING COMPANY WITHIN THE MEANING OF SECTION 5(C) OF THE BANKING REGULATION ACT 1949 AND HAVING ITS REGISTERED OFFICE AT IDBI TOWER, WTC COMPLEX CUFFEE PARADE, MUMBAI - 400 005 AND ITS ZONAL OFFICE AT IDBI HOUSE, 58 MISSION ROAD, BENGALURU - 560 027 Dig itally REPRESENTED BY ITS signed by AUTHORIZED SIGNATORY NIRMALA MR. VENUGOPAL N DEVI …APPELLANT Location: (BY SRI K G RAGHAVAN, SENIOR ADVOCATE FOR HIGH COURT SRI TEJAS S R, ADVOCATE)

OF KARNATAKA AND:

KARNATAKA INDUSTRIAL AREAS DEVELOPMENT BOARD HAVING IT OFFICE AT 14/3, 2^ND FLOOR, R.P BUILDING, NRUPATHUNGA ROAD BENGALURU-560 001 REPRESENTED BY ITS CHIEF EXECUTIVE OFFICER AND EXECUTIVE MEMBER MR MAHESH M IAS …RESPONDENT (BY SRI K. SHASHI KIRAN SHETTY, ADVOCATE GENERAL/

SENIOR ADVOCATE FOR SRI B.B. PATIL, ADVOCATE FOR C/R-1 &

SRI UDAYA HOLLA, SENIOR ADVOCATE FOR SRI AJAY J NANDALIKE, FOR IMPLEADING APPLICANT IN I.A. No.3/20