(1)
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¨sÁUÀ – 3
Part – III
, 05
, 2026
15
1948)
BENGALURU, TUESDAY, 05, MAY, 2026 ( VAISHAKHA , 15, SHAKAVARSHA, 1948)
£ÀA.351
No. 351
GOVERNMENT OF KARNATAKA
N NO: E-RD 31 GRC 2026 Karnataka Government Secretariat,
M. S. Building
Bengaluru, Dated: 04.05.2026.
NOTIFICATION
Whereas, upon considering the report of the Police Inspector, Office of the Assistant Commissioner of Police, Economic
Offence Wing, Central Crime Branch, Bengaluru, after due investigation of the complaints of depositors it has come to the
notice of the Government, that Shruti Souharda Pattina Sahakari Niyamita and Shushruti Souharda Sahakara Bank Niyamita
and its other associated Entities 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 Shruti Souharda Pattina Sahakari Niyamita and
Shushruti Souharda Sahakara Bank Niyamita and its other associated Entities and people associating with them have been
2
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 the Shruti Souharda Pattina Sahakari Niyamita
and Shushruti Souharda Sahakara Bank Niyamita and its other associated Entities 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 Shruti Souharda Pattina Sahakari Niyamita and
Shushruti Souharda Sahakara Bank Niyamita and its other associated Entities.
And whereas, now the Government after considering the report of the Special Officer and Competent Authority, IMA and
Competent Authority for Shruti Souharda Pattina Sahakari Niyamita and Shushruti Souharda Sahakara Bank Niyamita and its
other associated Entities, 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
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 movable and
immovable properties believed to belong Shruti Souharda Pattina Sahakari Niyamita and Shushruti Souharda Sahakara Bank
Niyamita and its other associated Entities.
Therefore, the Government hereby attaches movable properties as specified in the Annexure-1 and Annexure-2 to this
order believed to have been acquired by the Shruti Souharda Pattina Sahakari Niyamita and Shushruti Souharda Sahakara
Bank Niyamita and its other associated Entities either in its own name or in the name of any other person from and out of the
deposits collected by the Shruti Souharda Pattina Sahakari Niyamita and Shushruti Souharda Sahakara Bank Niyamita and its
other associated Entities and where it transpires that such money or such other properties of the said financial establishments,
or the personal assets of the promoters, 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.
3
Note: All the afore said 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)
ANNEXURE-1
Details of Gold Jewellery belongs to Fradulent Financial Establishment : Shushruthi Souharda Sahakara Bank Niyamitha
Sl.No.
Particulars
weight as per Valuator (in grams)
Remarks
App. Net Weight
Gross Weight
1
Gold Earsets with Stones and Beads (Jumkas)
14.00
19.30
Gold Jewellery handed over by Liquidator,
Shushruthi Souharda Sahakara Bank Niyamitha
2
Gold Necklace with Stones and Beads
145.00
174.20
No.E-RD 31 GRC 2026
(Anwar Basha)
Deputy Secretary to Government
Revenue Department
Services-1, SSLR & Special Cell
4
Annexure-2
Details of Vehicles in the name of Financial Establishment Shushruthi Souharda Sahakara Bank Niyamitha
Sl.No
Registration
number
Vehicle model
Type of
Vehicle
Date of
registration
Name of the owner
Chassis Number
Engine Number
Remarks
1
KA02MP0893
MAHINDRA TUV300 T6 +
7 seater
15.12.2018
Shushruthi Souharda
Sahakara Bank Niyamitha
MA1NA2VZXJ6J45229
VZJ6J78498
Vehicle is in the name of
Financial Establishment
2
KA02ML7714
MARUTI ERITIGA ZXI
7 seater
26.08.2016
Shushruthi Souharda
Sahakara Bank Niyamitha
MA3ELMG1S00408647
K14BN4036415
Vehicle is in the name of
Financial Establishment
3
KA02JV7588
MASTERO EDGE
2 Wheeler
25.07.2018
Shushruthi Souharda
Sahakara Bank Niyamitha
MBLJFW014H4J15574
JF33AABH4J15546
Vehicle is in the name of
Financial Establishment
4
KA02JP5236
MAESTRO EDGE
2 Wheeler
26.05.2017
Shushruthi Souharda
Sahakara Bank Niyamitha
MBLJFW018H4E02788
JF33AABH4E02637
Vehicle is in the name of
Financial Establishment
5
KA02HU9340
BAJAJ PLATINA ALLOY
2 Wheeler
30.04.2013
Shushruthi Souharda
Sahakara Bank Niyamitha
MD2A18AZ5DWK04139
DZZWDK74768
Vehicle is in the name of
Financial Establishment
No.E-RD 31 GRC 2026
(Anwar Basha)
Deputy Secretary to Government
Revenue Department
(Services-1, SSLR& Special Cell)
5
ಕකბಟಕ ಸ౽ბರ
ಒ: ಇ-ಆฑ ല 31 ೧ಆฑ 2026 ಕකბಟಕ ಸ౽ბರದ ಸ฿ಲಯ,
ಬಮಹല ಕಟౣಡ,
ಂಗิฆ, ൽකಂಕ: 04.05.2026
ಅඌಚච
ยೕ ಇඨ౺ දಕౣฑ , ಸಯಕ ยೕ ಆಕ౨ರ ಕೞค , ಆ൮ბಕ ಅಪฃಧ ದಳ ಂಗิฆ ನಗರ ೧ว ಇವರ ವರൽಗಳඝ౬ ಪคಗದ ತฆ฿ಯ ಟ
ഩವർರರ ฆಗಳ ಬಡ ಕ౨ ತඛಒಯ ತฆ฿ಯ ๓ൟ ದბ ಪൟ౨ನ ಸಹ౽ค ඛಯ෦ತ , ๑๓ൟ ದბ ಸಹ౽ค ಂಋ ඛಯ෦ತ ಮൡ౨ ಸಹವൟბ
౩ಗಳย ഩವർರคಂದ ಞഓౣಜ ಟ ౽ඞඝ ರ฿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.
๓ൟ ದბ ಪൟ౨ನ ಸಹ౽ค ඛಯ෦ತ , ๑๓ൟ ದბ ಸಹ౽ค ಂಋ ඛಯ෦ತ ಮൡ౨ ಸಹವൟბ ౩ಗำ ಮൡ౨ 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.
๓ൟ ದბ ಪൟ౨ನ ಸಹ౽ค ඛಯ෦ತ , ๑๓ൟ ದბ ಸಹ౽ค ಂಋ ඛಯ෦ತ ಮൡ౨ ಸಹವൟბ ౩ಗำ ಟ ಅವರ ಸಹವൟბ ಜನฆ ಇವರ ಂತಗำ
෨ಗ౪ ಜನคಡ ๋ವ ಉං౪ೕಶൽಂದ ഩವർರರ ಅಥ฿ ඹ෴ბൿർರರ ൞ಸ౾౨ಡ เฆದ౫฿ಜ ౽ಯბඛವბൟ౨ං ಎಂൿ ඦಬฤ ಸ౽ბರโ ౽ರಣಗಳඝ౬
ຄಂൽൿ౪, ๓ൟ ದბ ಪൟ౨ನ ಸಹ౽ค ඛಯ෦ತ ಮൡ౨ ๑๓ൟ ದბ ಸಹ౽ค ಂಋ ඛಯ෦ತ ಮൡ౨ ಸಹವൟბ ౩ಗಳ ഩವർರರ ൞ಸ౾౨ಯඝ౬
ರ౾౹โൿ ಅಗತ฿ಜฆತ౨ං.
ಆದ౪คಂದ, ಸ౽ბರโ เ๕ඌ౽คಗำ ಟ ಸౘಮ ඩඌ౽คಗำ ಐ.ಎಂ.ಎ ಟ ಸౘಮ ඩඌ౽คಗำ ๓ൟ ದბ ಪൟ౨ನ ಸಹ౽ค ඛಯ෦ತ , ๑๓ൟ
ದბ ಸಹ౽ค ಂಋ ඛಯ෦ತ ಮൡ౨ ಸಹವൟბ ౩ಗำ ಇವರ ವರൽಯඝ౬ คಗ 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:
6
“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 ൞ಸ౾౨ಯඝ౬ ರ౾౹ವ ๓ൟ
ದბ ಪൟ౨ನ ಸಹ౽ค ඛಯ෦ತ , ๑๓ൟ ದბ ಸಹ౽ค ಂಋ ඛಯ෦ತ ಮൡ౨ ಸಹವൟბ ౩ಗัಡ คං ಎನ౬มದ ౩ฃ౨ ಮൡ౨ ಚฃ౨ಗಳඝ౬
෨ഖౣತೕฤ ౾ ಆำโൿ ಅವಶಕ฿ಜං ಎಂൿ ಮನಧലฆโದคಂದ, ಸದค 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 ๓ൟ ದბ ಪൟ౨ನ ಸಹ౽ค ඛಯ෦ತ, ๑๓ൟ
ದბ ಸಹ౽ค ಂಋ ඛಯ෦ತ ಮൡ౨ ಸಹವൟბ ౩ಗಳย ಗಸมದ ഩವಗัಂದ ತನ౬ ກಸคನมಗย ಅಥ฿ ෴ช ಇತฉ ವ౾౨ಗಳ ກಸคನย ಅ೧ბං
ಎನ౬มದ ಈ ಆඃಶದ ಅඝීಧ-1 ಮൡ౨ ಅඝීಧ-2 ರย ඛൽბಷౣ ಪലಸมඈ ಚฃ ಸ౷ൡ౨ಗಳඝ౬ ಸ౽ბರโ ಈ ෩ಲಕ ಜඪ౨ ല ಆำತ౨ං.
ഔಪ౭: เ๕ಷ ක෴ಲಯದ ෨ಂൽನ ಆඃಶದವฉಡ ౾ ಇค, ෬ว ຂัದ ಚರ ಸ౷ತ౨ಗಳඝ౬ 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)
7
ಅඝීಧ-1
Details of Gold Jewellery belongs to Fradulent Financial Establishment : Shushruthi Souharda Sahakara Bank Niyamitha
Sl.No.
Particulars
weight as per Valuator (in grams)
Remarks
App. Net Weight
Gross Weight
1
Gold Ear sets with Stones and Beads (Jumkas)
14.00
19.30
Gold Jewellery handed over by Liquidator, Shushruthi
Souharda Sahakara Bank Niyamitha
2
Gold Necklace with Stones and Beads
145.00
174.20
ಒ: ಇ ಉ ಇ 31 ೧ಆฑ 2026
(ಅನ౷ฑ ಷ)
ಸ౽ბರದ ಉಪ ౽ಯბದ๏ბ
ಉർಯ ಇมಒ
(ๅಗำ-1, ේಪನಮൡ౨
เ๕ಷಆೕಶ)
ಅඝීಧ-2
Details of Vehicles in the name of Financial Establishment Shushruthi Souharda Sahakara Bank Niyamitha
Sl.No
Registration
number
Vehicle model
Type of
Vehicle
Date of
registration
Name of the owner
Chassis Number
Engine Number
Remarks
1
KA02MP0893
MAHINDRA TUV300 T6 +
7 seater
15.12.2018
Shushruthi Souharda
Sahakara Bank Niyamitha
MA1NA2VZXJ6J45229
VZJ6J78498
Vehicle is in the name of
Financial Establishment
2
KA02ML7714
MARUTI ERITIGA ZXI
7 seater
26.08.2016
Shushruthi Souharda
Sahakara Bank Niyamitha
MA3ELMG1S00408647
K14BN4036415
Vehicle is in the name of
Financial Establishment
3
KA02JV7588
MASTERO EDGE
2 Wheeler
25.07.2018
Shushruthi Souharda
Sahakara Bank Niyamitha
MBLJFW014H4J15574
JF33AABH4J15546
Vehicle is in the name of
Financial Establishment
4
KA02JP5236
MAESTRO EDGE
2 Wheeler
26.05.2017
Shushruthi Souharda
Sahakara Bank Niyamitha
MBLJFW018H4E02788
JF33AABH4E02637
Vehicle is in the name of
Financial Establishment
5
KA02HU9340
BAJAJ PLATINA ALLOY
2 Wheeler
30.04.2013
Shushruthi Souharda
Sahakara Bank Niyamitha
MD2A18AZ5DWK04139
DZZWDK74768
Vehicle is in the name of
Financial Establishment
ಒ: ಇ ಉಇ 31 ೧ಆฑ 2026
(ಅನ౷ฑ ಷ)
ಸ౽ბರದಉಪ౽ಯბದ๏ბ
ಉർಯಇมಒ
(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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2.5.4.20=be54f34f4e31eae50203ca7fab5ceb3794f20a8460a2582ef28294d43b8f8b16, ou=department of
printing stationery and Publication,CID - 7048443, postalCode=560001, st=Karnataka,
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Date: 2026.05.05 16:18:18 +05'30'