Official Liquidator of v. M/S State Bank of India
Case brief
What is this about?
Application under Companies (Court) Rules 1959 for refund ordered permited to withdrawn. Order disposed the matter without deciding on merits.
Application under Companies (Court) Rules 1959 for refund ordered permited to withdrawn. Order disposed the matter without deciding on merits.
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 1ST DAY OF FEBRUARY, 2023
BEFORE
THE HON'BLE MR JUSTICE KRISHNA S. DIXIT
CA NO.341/2017 IN COP NO.214/2002
BETWEEN:
OFFICIAL LIQUIDATOR OF M/S TECHNOLOGY MEDIA GROUP PVT.LTD. (IN LIQN.) ATTACHED TO HIGH COURT OF KARNATAKA, "CORPORATE BHAVAN", NO.26-27, 12TH FLOOR, RAHEJA TOWERS, M.G.ROAD, BENGALURU-1.
…APPLICANT
(BY SRI. SHRISHAIL NAVALGUND.,ADVOCATE FOR OL)
AND:
Digitally signed by CHETAN B C Location: HIGH COURT OF KARNATAKA
CA No. 341/2017 IN COP NO.214/2002
BENGALURU-560 001.
…RESPONDENTS
(BY SRI. DEEPAK.,ADVOCATE FOR R1; SRI. K ARUN KUMAR, ADVOCATE FOR R2; SRI.T P VIVEKANANDA, ADVOCATE FOR R3)
THIS APPLICATION IS FILED UNDER RULES 6 & 9 OF THE COMPANIES (COURT) RULES 1959 AND DECLARATION OF DIVIDEND, PRAYING TO DIRECT THE STATE BANK OF INDIA TO REFUND AN AMOUNT RS.56,97,559/- AS DETAILED IN PARA 10 AND ANNEXURE "D", AND ETC.,
THIS APPLICATION, COMING ON FOR ORDERS THIS DAY, THE COURT MADE THE FOLLOWING:
ORDER
This Application is permitted to be withdrawn with
liberty to file a fresh one in the changed circumstances.
Sd/JUDGE
Bsv
OFFICIAL LIQUIDATOR OF M/S TECHNOLOGY MEDIA GROUP PVT.LTD.
M/S STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT BRANCH
M/S CANBANK VENTURE CAPTIAL FUND LIITED
M/S KARNATAKA STATE INDUSTRIAL AND INFRASTRUTURE DEVELOPMENT CORPORATION LTD.
KRISHNA S. DIXIT
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court