The High Court of Karnataka disposed of a company application seeking authorization to transport corporate assets, holding that no further orders were necessary as the required authorization had already been given by the respondent.
Application disposed off as not requiring any further orders.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF FEBRUARY, 2021
BEFORE
THE HON’BLE MR. JUSTICE S. SUNIL DUTT YADAV
COMPANY APPLICATION NO.301/2018 IN COMPANY PETITION NO.90/2008
BETWEEN:
P. Manikandan, S/O Late Damodaran Nair, Aged about 56 years, H.K. Construction, H.K. Complex, R/o Gokulam, Chemmannankadu, Kanjikode Post, Palakkad - 678 621. …APPLICANT
(By Sri Halesha R.G., Advocate)
AND:
M/s. Vaigai Thread Processors Pvt. Ltd., (In Liquidation), Represented by Official Liquidator, High Court of Karnataka, Corporate Bhavan, No.26-27, 12th Floor, Raheja Towers, M.G. Road, Bangalore - 560 001. …RESPONDENT
(By Sri K.S. Mahadevan, Advocate)
This Company Application is filed under Rule 6 and 9 of the Company Courts Rules, praying to issue letter of Authorization to transport the Boiler with accessories, Bricks, Chimneys, Sands,
Concrete Waste from the property of Vaigai Thread Processors Pvt. Ltd., to necessary directions, in the interest of justice and equity.
This Company Application coming on for orders this day, the Court made the following:
ORDER
Learned counsel appearing for the applicant submits that this application does not survive for consideration as necessary authorisation has been given by the respondent.
Accordingly, C.A.301/2018 is disposed off as not
requiring any further orders.
Sd/-
JUDGE
VP
1 issue framed by the court
Whether the application for authorization to transport corporate assets requires further orders given that the respondent has already granted the necessary authorization.
P. Manikandan
M/s. Vaigai Thread Processors Pvt. Ltd.
S. Sunil Dutt Yadav
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
