1
«±ÉõÀ gÁdå ¥ÀwæPÉ
¨sÁUÀ– 3
Part– III
03
, 2025 (
, 12,
, ೧೯೪7)
BENGALURU, WEDNESDAY 03, DECEMBER, 2025 (MARGASHIRA , 12, SHAKAVARSHA, 1947)
£ÀA.785
No. 785
GOVERNMENT OF KARNATAKA
NO: E-RD 208 GRC 2025 Karnataka Government Secretariat,
M. S. Building
Bengaluru, Dated: 03.12.2025
NOTIFICATION
Whereas, upon considering the report of the Assistant Commissioner, Kolar Sub Division, Kolar and after due investigation of the
complaints of depositors it has come to the notice of the Government, that the accused in the case registered at CEN Police Station, KGF,
Kolar District, Vide FIR No. 0095/2024 A-1 Sharath Kumar @ Subhas and A-2 Dinesh in this case are 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.
And whereas, it has further come to the notice of the Government that said accused A-1 Sharath Kumar @ Subhas and A-2 Dinesh in
this case and people associating with them have been acquiring lands, movable and immovable properties, cash and others from and out
2
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 the A-1 Sharath Kumar @ Subhas and A-2 Dinesh in this case
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 in the said case FIR No. 0095/2024.
And whereas, now the Government after considering the report of the Assistant Commissioner, Kolar Sub Division, Kolar and
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 Establishments Act, 2004 (Karnataka Act 30 of 2005) here
by 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 Establishments 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 movable and Immovable properties believed to belong to
accused persons A-1 Sharath Kumar @ Subhas and A-2 Dinesh in this case.
Therefore, the Government hereby attaches all the movable properties as specified in the Annexure-1 an Annexure-2 to this order
believed to have been acquired by the accused A-1 Sharath Kumar @ Subhas and A-2 Dinesh in this case either in its own name or in the
name of any other person from and out of the deposits collected by the depositors in the case registered at CEN Police Station, KGF, Kolar
District, vide FIR No. 0095/2024 and where it transpires that such money or such other properties of the said accused, or the personal
assets of the promoters, partners, directors, managers or members or any other person of the said case is not sufficient for
the repayment of the deposits or interest or such other assured benefits to the depositors.
Note: All the aforesaid movable 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 Basha)
Deputy Secretary to Government,
Revenue Department
(Services-1, SSLR & Special Cell)
3
Annexure-1
Details of the seized movable properties belonging to the accused in Crime No. 0095/2024, registered at CEN Police Station, K.G.F, Kolar.
Sl.
No.
Details of the Seized movable items
Value of the seized movable
items
1
Furniture and Electronic Items seized from
accused in crime No. 0095/2024, registered
at CEN Police Station, K.G.F, Kolar.
Rs. 85400/-
No. E-RD 208 GRC 2025
(Anwar Bhasha)
Deputy Secretary to Government
Revenue Department
(Services-1, SSLR & Special Cell)
Annexure-2
Details of the cash seized belonging to the accused in Crime No. 0095/2024, registered at CEN Police Station, K.G.F, Kolar
Sl.
No.
Details of the Seized Cash
Value of the cash seized
1
Cash seized belonging to the accused in
crime No. 0095/2024, registered at CEN
Police Station, K.G.F, Kolar.
Rs. 4,00,000/-
No. E-RD 208 GRC 2025
(Anwar Bhasha)
Deputy Secretary to Government
Revenue Department
(Services-1, SSLR & Special Cell)
4
ಕකბಟಕ ಸ౽ბರ
ಒ: ಇ-ಆฑ ല 208 ೧ಆฑ 2025 ಕකბಟಕ ಸ౽ბರದ ಸ฿ಲಯ
ಬಮಹല ಕಟౣಡ,
ಂಗิฆ, ൽකಂಕ:03.12.2025
ಅඌಚච
ಉಪเූಛඌ౽คಗำ, ಆೕมರ ಉಪเූಗ, ಆೕมರ ರವರ ವರൽಯඝ౬ ಪคಗದ ತฆ฿ಯ ಟ ഩವർರರ ฆಗಳ ಬಡ
ಕ౨ ತඛಒಯ ತฆ฿ಯ ಇಎඨ ยೕ ഢൕ, ಃ.೧.ಎෆ , ಆೕมರ ೧วಯย ർಖมಜฆವ ෮ಕౙದ౪෫ ಒ:0095/2024ರ
ಆฌೕඪಗะದ ๏ೕ ಶರ൬ ಀರ @ ๑ූ ಆ-1 ಮൡ౨ ๏ೕ ൽඡ , ಆ-2 ಇವฆ ഩವർರคಂದ ಞഓౣಜ ಟ ౽ඞඝರ฿ಜ
ഩವಗಳඝ౬ ಅಥ฿ ವბಜඛಕคಂದ ಹಣವඝ౬ ಗವ ෮ೕಸದ ವವರ ಗಳย 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.
ಇಎඨ ยೕ ഢൕ, ಃ.೧.ಎෆ, ಆೕมರ ೧วಯย ർಖมಜฆವ ෮ಕౙದ౪෫ ಒ:0095/2024ರ ಆฌೕඪಗำ ಟ ಅವರ
ಸಹವൟბ ಜನฆ ഩವർರคಂದ ಅಥ฿ ඹ෴ბൿർರคಂದ ಗಸมದ ಹಣൽಂದ ಜ෦ೕඝ, ಚರ ಟ ౩ฃ౨ಗಳඝ౬, ನಗൿ ಟ
ಇತฉ ವ౨ಗಳඝ౬ ಅ೧ბฆโൿ ಟ ಆ ෩ಲಕ ഩವ ಟ ಹಣವඝ౬ ಪഷൽฆವ ಉං౪ೕ๏ತ ಉං౪ೕಶಗัಡ ಬಳಸං ฉ ಕഷ
ವಛბฆโൿ ಸ౽ბರದ ಗಮನಃౙ ීൽฆತ౨ං.
ಇಎඨ ยೕ ഢൕ, ಃ.೧.ಎෆ , ಆೕมರ ೧วಯย ർಖมಜฆವ ෮ಕౙದ౪෫ ಒ:0095/2024ರ ಆฌೕඪಗำ ಟ ಅವರ
ಸಹವൟბ ಜನฆ ಇವರ ಂತಗำ ෨ಗ౪ ಜನคಡ ๋ವ ಉං౪ೕಶൽಂದ ഩವർರರ ಅಥ฿ ඹ෴ბൿർರರ ൞ಸ౾౨ಡ เฆದ౫฿ಜ
౽ಯბ ඛವბൟ౨ං ಎಂൿ ඦಬฤ ಸ౽ბರโ ౽ರಣಗಳඝ౬ ຄಂൽൿ౪, ಇಎඨ ยೕ ഢൕ, ಃ.೧.ಎෆ , ಆೕมರ ೧วಯย
ർಖมಜฆವ ෮ಕౙದ౪෫ ಒ:0095/2024ರ ഩವർರರ ൞ಸ౾౨ಯඝ౬ ರ౾౹โൿ ಅಗತ฿ಜฆತ౨ං.
ಆದ౪คಂದ, ಸ౽ბರโ ಉಪเූಛඌ౽คಗำ ಆೕมರ ಉಪ เූಗ ರವರ ವರൽಯඝ౬ ಪคಗ ಟ ഩವർರರ ൞ಸ౾౨ಯඝ౬
ರ౾౹โൿ ൡൡბ ಅಗತเං ಎಂൿ ಸ౷ ಮನವคಃ ലಆಂഴ 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 ಸඛ౬ๆಶಗಳ ನ౬วಯย ഩವർರರ
5
൞ಸ౾౨ಯඝ౬ ರ౾౹ವ ಸฤ฿ಜ ಇಎඨ ยೕ ഢൕ, ಃ.೧.ಎෆ , ಆೕมರ ೧วಯย ർಖมಜฆವ ෮ಕౙದ౪෫
ಒ:0095/2025ರ ಆฌೕඪಗะದ ๏ೕ ಶರ൬ ಀರ @ ๑ූ ಆ-1 ಮൡ౨ ๏ೕ ൽඡ , ಆ-2 ಇವคಡ คං ಎನ౬มದ ౩ฃ ಮൡ౨
ಚರ ಸ౷ൡ౨ඝ౬ ෨ഖౣತೕฤ ౾ಆำโൿ ಅವಶಕ฿ಜං ಎಂൿ ಮನಧലฆโ ದคಂದ, ಆฌೕඪಗัಡ คದ 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 ಇಎඨ ยೕ ഢൕ, ಃ.೧.ಎෆ , ಆೕมರ ೧วಯย ർಖมಜฆವ ෮ಕౙದ౪෫ ಒ:0095/2024ರ
ಆฌೕඪಗำ ಗಸมದ ഩವಗัಂದ ತನ౬ ກಸคನมಗย ಅಥ฿ ෴ช ಇತฉ ವ౾౨ಗಳ ກಸคನย ಅ೧ბං ಎನ౬มದ ಈ ಆඃಶದ
ಅඝීಧ-1, ಮൡ౨ ಅඝීಧ-2 ರย ඛൽბಷౣ ಪലಸมඈ ಚರ ಸ౷ൡ౨ಗಳඝ౬ ಸ౽ბರโ ಈ ෩ಲಕ ಜඪ౨ ലಆำತ౨ං.
ഔಪ౭: เ๕ಷ ක෴ಲಯದ ෨ಂൽನ ಆඃಶದವฉಡ ౾ ಇค, ෬ว ຂัದ ಚฃ ಸ౷ൡ౨ಗಳඝ౬ 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 ಮൡ౨ เ๕ಷ ಆೕಶ)
6
ಅඝීಧ-1
Details of the seized movable properties belonging to the accused in Crime No. 0095/2024, registered at CEN Police Station, K.G.F, Kolar.
Sl.
No.
Details of the Seized movable items
Value of the seized movable items
1
Furniture and Electronic Items seized from
accused in crime No. 0095/2024, registered
at CEN Police Station, K.G.F, Kolar.
Rs. 85400/-
ಒ: ಇ ಉಇ 208 ೧ಆฑ 2025
(ಅನ౷ฑ ಷ)
ಸ౽ბರದ ಉಪ ౽ಯბದ๏ბ,
ಉർಯ ಇมಒ
(ๅಗำ-1, ේಪನ ಮൡ౨ เ๕ಷ ಆೕಶ)
ಅඝීಧ-2
Details of the cash seized belonging to the accused in Crime No. 0095/2024, registered at CEN Police Station, K.G.F, Kolar.
Sl.
No.
Details of the Seized Cash
Value of the cash seized
1
Cash seized belonging to the accused in
crime No. 0095/2024, registered at CEN
Police Station, K.G.F, Kolar.
Rs. 4,00,000/-
ಒ: ಇ ಉಇ 208 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
DN: c=IN, o=Centre for e-Governance,
2.5.4.20=be54f34f4e31eae50203ca7fab5ceb3794f20a8460a2582ef28294d43b8f8b16, ou=department of printing
stationery and Publication,CID - 7048443, postalCode=560001, st=Karnataka,
serialNumber=4d9b284dcc53d39f1425f50485de07dd86efa302a3fce3729eddea0c1b5098e0, cn=THAMMAIAH
Date: 2025.12.04 17:41:25 +05'30'