1
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Part– III
25
, 2025 (
, 04,
, ೧೯೪7)
BENGALURU, TUESDAY 25, NOVEMBER, 2025 (MARGASHIRA , 04, SHAKAVARSHA, 1947)
£ÀA.752
No. 752
GOVERNMENT OF KARNATAKA
NO: E-RD 205 GRC 2025
Karnataka Government Secretariat,
M. S. Building
Bengaluru, Dated: 25.11.2025
NOTIFICATION
Whereas, upon considering the reports of the Superintendent of Police Economic Offences, CID Bangalore and Police Inspector CT
& R Division CID, Bengaluru and after due investigation of the complaints of depositors it has come to the notice of the Government, that
Sri Srishailagiri Souhardha Credit Co-operative Limited, Bengaluru, is involved in fraudulent transactions by clandestinely and illegally
collecting deposits or money from the general public and thereafter have failed to return the same either after maturity or on demand made
by the depositors or complainants with promised interest and other assured benefits and thereby have failed to render the services
promised to them.
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And whereas, it has further come to the notice of the Government that Sri Srishailagiri Souhardha Credit Co-operative Limited,
Bengaluru, and people associating with them have been acquiring lands, movable and immovable properties, cash and others from and out
of the deposits or money so collected, from the depositors or complainants and thereby deviating from the intended purposes of accepting
the deposits or money.
And whereas, the Government has reason to believe that the actions of Sri Srishailagiri Souhardha Credit Co-operative Limited, Bengaluru,
and people associating with them are acting in and detrimental to the interest of the depositors or complainants whose intention was
to defraud the innocent depositors, and it has become necessary to protect the interest of the depositors of Sri Srishailagiri Souhardha
Credit Co-operative Limited, Bengaluru.
And whereas, now the Government after considering the report of the Special Officer and Competent Authority IMA and other KPID
Scam Cases, and after satisfying itself about the urgent need to protect the interest of the depositors and in exercise of the powers
conferred by sub-section (2) of Section 3 of the Karnataka Protection of interest of Depositors in Financial Establishment Act, 2004
(Karnataka Act 30 of 2005) hereby makes the following order, namely:
“ORDER’’
Now therefore, in exercise of the powers conferred by sub-section (2) of Section 3 of the Karnataka Protection of interest of Depositors in
Financial Establishment Act, 2004 (Karnataka Act 30 of 2005), the Government under the circumstances stated above having satisfied that
in order to protect the interest of depositors it is necessary to attach the immovable property believed to belong to Sri Srishailagiri
Souhardha Credit Co-operative Limited, Bengaluru.
Therefore, the Government hereby attaches immovable properties as specified in the Annexure-1 to this order believed to have been
acquired by the Sri Srishailagiri Souhardha Credit Co-operative Limited, Bengaluru, either in its own name or in the name of any other
person from and out of the deposits collected by the Sri Srishailagiri Souhardha Credit Co-operative Limited, Bengaluru and where it
transpires that such money or such other properties of the said financial establishments, or the personal assets of the promoters,
3
partners, directors, managers or members or any other person of the said financial establishments is not sufficient for the repayment of
the deposits or interest or such other assured benefits to the depositors.
Note: All the aforesaid Immovable properties from the date of publication of this order in the Official Gazette, shall forthwith vest with the
Competent Authority, who has been appointed by the Government, pending further orders from the Special Court.
By Order and in the name of the
Governor of Karnataka
(Anwar Bhasha)
Deputy Secretary to Government
Revenue Department
(SSLR, Services-1 and Special Cell)
Details of the siezed movable properties belonging to Sri Srishailagiri Souharda Credit Co-operative Limited, Bengaluru.
Annexure-1
Sl.
No.
Details of the Seized movable items
Value of the seized movable
items
1
Furniture and Electronic Items seized in
branch office of Sri Srishailagiri Souharda
Credit Co-operative Limited,
Bengaluru situated at No.48, Ashok Plaza,
Gandhi Bazar Main Road, Basavangudi,
Bengaluru.
Rs. 74,941/-
No. E-RD 205 GRC 2025
(Anwar Basha)
Deputy Secretary to Government
Revenue Department
(Services-1, SSLR & Special Cell)
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ಕකბಟಕ ಸ౽ბರ
ಒ: ಇ-ಆฑ ല 205 ೧ಆฑ 2025 ಕකბಟಕ ಸ౽ბರದ ಸ฿ಲಯ,
ಬಮಹല ಕಟౣಡ,
ಂಗิฆ, ൽකಂಕ: 25.11.2025
ಅඌಚච
ยೕ ಅඌೕౘಕฆ, ಆ൮ბಕ ಅಪฃಧಗำ, .ಐ.ല, ಂಗิฆ ಮൡ౨ ೕยೕ ಇඨ౺දಕౣฑ, .ഔ ಮൡ౨ ಆฑ เූಗ, .ಐ.ല ಂಗำฆ ಇವರ ವರൽಗಳඝ౬
ಪคಗದ ತฆ฿ಯ ಟ ഩವർರರ ฆಗಳ ಬಡ ಕ౨ ತඛಒಯ ತฆ฿ಯ ๏ೕ ๏ೕ๖ಲಜค ದბ, ಃലഡ ಆ-ಆಪชഔํ ย෦ങി , ಂಗิฆ ತ
౩, ഩವർರคಂದ ಞഓౣಜ ಟ ౽ඞඝರ฿ಜ ഩವಗಳඝ౬ ಅಥ฿ ವბಜඛಕคಂದ ಹಣವඝ౬ ಗವ ෮ೕಸದ ವವರಗಳย
൧ಡಜฆโൿ ಟ ಆ ತฆ฿ಯ ಅವඌ ෨ಜದ ෬ว ಅಥ฿ ഩವർರฆ ಅಥ฿ ඹ෴ბൿർฆ ಸยದ ലಃ ෬มಗย ಆ๎౷ಸච ඛೕലದ ಬല ಟ ಇತฉ
ಌತค ಪೕಜನಗಳඝ౬ ඛೕಡฤ เಫಲ฿ಜฆโൿ ಟ ಅವคಡ ಆ๎౷ಸච ඛೕലದ ๅಗಳඝ౬ ಒದಜಸฤ เಫಲ฿ಜฆโൿ ಸ౽ბರದ ಗಮನಃౙ ීൽฆತ౨ං.
๏ೕ ๏ೕ๖ಲಜค ದბ, ಃലഡ ಆ-ಆಪชഔํ ย෦ങി , ಂಗิฆ ಟ ಅವರ ಸಹವൟბ ಜನฆ ഩವർರคಂದ ಅಥ฿ ඹ෴ბൿർರคಂದ
ಗಸมದ ಹಣൽಂದ ಜ෦ೕඝ, ಚರ ಟ ౩ฃ౨ಗಳඝ౬, ನಗൿ ಟ ಇತฉ ವ౨ವඝ౬ ಅ೧ბฆโൿ ಟ ಆ ෩ಲಕ ഩವ ಟ ಹಣವඝ౬ ಪഷൽฆವ
ಉං౪ೕ๏ತ ಉං౪ೕಶಗัಡ ಬಳಸං ฉ ಕഷ ವಛბฆโൿ ಸ౽ბರದ ಗಮನಃౙ ීൽฆತ౨ං.
๏ೕ ๏ೕ๖ಲಜค ದბ, ಃലഡ ಆ ಆಪชഔํ ย. ಂಗิฆ ಟ ಅವರ ಸಹವൟბ ಜನฆ ಇವರ ಂತಗำ ෨ಗ౪ ಜನคಡ ๋ವ ಉං౪ೕಶൽಂದ ഩವർರರ
ಅಥ฿ ඹ෴ბൿർರರ ൞ಸ౾౨ಡ เฆದ౫฿ಜ ౽ಯბඛವბൟ౨ං ಎಂൿ ඦಬฤ ಸ౽ბರโ ౽ರಣಗಳඝ౬ ຄಂൽൿ౪, ๏ೕ ๏ೕ๖ಲಜค ದბ, ಃലഡ ಆ
ಆಪชഔํ ย. ಂಗิฆ ಉಪඛ, ಂಗิฆ ഩವർರರ ൞ಸ౾౨ಯඝ౬ ರ౾౹โൿ ಅಗತ ฿ಜฆತ౨ං.
ಆದ౪คಂದ, ಸ౽ბರโ เ๕ඌ౽คಗำ ಟ ಸౘಮ ඩඌ౽คಗำ ಐ.ಎಂ.ಎ ಮൡ౨ ಇತฉ ಃ.ඪ.ಐ.ല ಪಕರಣಗำ, ಇವರ ವರൽಯඝ౬ ಪคಗ ಟ
ഩವർರರ ൞ಸ౾౨ಯඝ౬ ರ౾౹โൿ ൡൡბ ಅಗತเං ಎಂൿ ಸ౷ ಮನವคಃ ല ಆಂഴ ಕකბಟಕ ಹಣ౽ ౩ಗಳยನ ഩವർರರ ൞ಸ౾౨ಯ
ರౘ൏ ಅඌඛಯಮ, 2004 (2005ರ ಕකბಟಕ ಅඌඛಯಮ, 30) ರ 3ඡ ಪಕರಣದ (2)ඡ ಉಪ-ಪಕರಣದ ಪದತ౨฿ದ ಅඌ౽ರವඝ౬ ಚม, ಈ ಃಳಉഽ ಆඃಶವඝ౬
ഴತ౨ං:
“ಆඃಶ”
ಕකბಟಕ ಹಣ౽ ౩ಗಳย ഩವർರರ ൞ಸ౾౨ಯ ರౘ൏ ಅඌඛಯಮ, 2004 (2005ರ ಕකბಟಕ ಅඌඛಯಮ, 30) ರ 3ඡ ಪಕರಣದ (2)ඡ ಉಪ-ಪಕರಣದ
ಪದತ౨฿ದ ಅඌ౽ರವඝ౬ ಚม, ಸ౽ბರโ ಈ ෬ಲౙಂಡ ಸඛ౬ ๆಶಗಳ ನ౬วಯย ഩವർರರ ൞ಸ౾౨ಯඝ౬ ರ౾౹ವ ಸฤ฿ಜ ๏ೕ ๏ೕ๖ಲಜค
ದბ, ಃലഡ ಆ ಆಪชഔํ ย. ಂಗิฆ ౩ಡ คං ಎನ౬มದ ౩ฃ౨ಗಳඝ౬ ಟ ಚฃ౨ಗಳඝ౬ ෨ഖౣತฤ ౾ಆำโൿ ಅವಶಕ฿ಜං ಎಂൿ
ಮನಧലฆโದคಂದ, ಸದค
5
ಹಣ౽ ౩ಯ ಅಂಥ ಹಣ ಅಥ฿ ಅಂಥ ಇತฉ ಸ౷ൡ౨ಗำ ಅಥ฿ ౩ಯ ಪವತბಕರ, ඩฤർರರ, ඛඃბಶಕರ, ವವ౩ಪಕರ ಅಥ฿ ಸದಸರ ಅಥ฿ ෴ช ಇತฉ
ವ౾౨ಯ ็ಯ౾౨ಕ ಆ౨ಗำ ഩವಗಳඝ౬, ಬല ಅಥ฿ ಇತฉ ಌൟ ಪೕಜನಗಳඝ౬ ഩವർರคಡ ಮฆർಯ ഴโದಃౙ ීඌඈ
ಪ෴ಪ౨฿ಜಲๅಂൿ ತ൞౨ದย ๏ೕ ๏ೕ๖ಲಜค ದბ, ಃലഡ ಆ ಆಪชഔํ ย. ಂಗิฆ, ಗಸมದ ഩವಗัಂದ ತನ౬ ກಸคನมಗย ಅಥ฿ ෴ช ಇತฉ
ವ౾౨ಗಳ ກಸคನย ಅ೧ბං ಎನ౬มದ ಈ ಆඃಶದ ಅඝීಧ-1 ರย ඛൽბಷౣ ಪലಸมඈ ಚฃ౨ಗಳඝ౬ ಸ౽ბರโ ಈ ෩ಲಕ ಜඪ౨ ലಆำತ౨ං.
ഔಪ౭: เ๕ಷ ක෴ಲಯದ ෨ಂൽನ ಆඃಶದವฉಡ ౾ ಇค, ෬ว ຂัದ ಚฃ౨ಗಳඝ౬ ಅඌಂತ ฃಜಪತದย ಈ ಆඃಶโ ಪಕಟൕತಂಡ ൽකಂಕൽಂದ
ಸ౽ბರโ ඡಮಕ ലฆವ ಸౘಮ ඩඌ౽ರದย ಁಡศ ඛತ฿ಗತಕౙൿ౪.
ಕකბಟಕ ฃಜඩಲರ ಆඃ๎ඝರ
ಮൡ౨ ಅವರ ກಸคನย
(ಅನ౷ฑ ಷ)
ಸ౽ბರದ ಉಪ ౽ಯბದ๏ბ,
ಉർಯ ಇมಒ
(ๅಗำ-1, ේಪನ & เ๕ಷ ಆೕಶ)
Details of the seized movable properties belonging to Sri Srishailagiri Souharda Credit Co-operative Limited, Bengaluru.
ಅඝීಧ-1
Sl.
No.
Details of the Seized movable items
Value of the seized movable
items
1
Furniture and Electronic Items seized in
branch office of Sri Srishailagiri Souharda
Credit Co-operative Limited,
Bengaluru situated at No.48, Ashok Plaza,
Gandhi Bazar Main Road, Basavangudi,
Bengaluru.
Rs. 74,941/-
ಒ:ಇ-ಆฑ ല 205 ೧ಆฑ 2025
(ಅನ౷ฑ ූಷ)
ಸ౽ბರದ ಉಪ ౽ಯბದ๏ბ
ಉർಯ ಇมಒ
(ๅಗำ-1, ේಪನ ಮൡ౨ เ๕ಷ ಆೕಶ)
ಮುದÎಕರು ²ಾಗೂ ಪÎಾಶಕರು:- ಸಂಕಲ£ಾĩಾĸಗಳ…, ಕ£ಾಟಕ ªಾಜÍಪತÎ, ಸಾĸ ೇಂದÎ ಮುದΞಾಲಯ, ¦ೆಂಗಳˆರು
R.N.I. No. KARBIL/2001/47147 POSTAL REGN. No. RNP/KA/BGS/2202/2017-19
Licensed to post without prepayment WPP No. 297
THAMMAIAH
Digitally signed by THAMMAIAH
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Date: 2025.11.25 17:50:04 +05'30'