Dismissed¶31

Smt. Shruthi R v. Avesthagen Limited

Karnataka HC22 Jan 2025COP/281/2013

Case brief

AI extract

What is this about?

High Court of Karnataka at Bengaluru; COP No. 281 of 2013; NC: 2025:KHC:2803; Justice Suraj Govindaraj; decided 22-01-2025; Shruthi R v. Avesthagen Limited; winding-up petition; Section 433(e) & (f) Companies Act 1956; settlement between parties; withdrawal of petition; dismissed as withdrawn; pending applications dismissed; C.A.Nos.460-462/2021; COP No.22/2014; no merits adjudicated; no costs or quantum.

What did the court decide?

None; petition dismissed as withdrawn upon the court accepting counsel's submission that the dispute between the parties has been settled. ¶31

Smt. Shruthi R Vs Avesthagen Limited — Company and Corporate | Karnataka HC (2025)

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NC: 2025:KHC:2803 COP No. 281 of 2013

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU

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DATED THIS THE 22^ND DAY OF JANUARY, 2025

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BEFORE

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THE HON'BLE MR JUSTICE SURAJ GOVINDARAJ

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COMPANY PETITION NO. 281 OF 2013

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BETWEEN:

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SMT. SHRUTHI R W/O SRI RAVIKUMAR AGED ABOUT 32 YEARS R/O PAVAN NILAYA OPP. KARNATAKA BANK LTD 7^TH CROSS, VALMIKI NAGAR BATAWADI, TUMKUR-572103

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…PETITIONER

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(BY SRI. NAGARAJA M ., ADVOCATE)

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AND:

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AVESTHAGEN LIMITED REGISTERED OFFICE AT UNIT 3,DISCOVERER 9^TH FLOOR, INTERNATIONAL TECH PARK (ITPL) WHITEFIELD ROAD BANGALORE-560066

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ASHPAK KASHIMSA MALAGALADINNI Digitally signed byASHPAK KASHIMSAMALAGALADINNI Location: High Court ofKarnataka, Dharwad BenchDate: 2025.01.29 11:44:03+0530

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ALSO AT AVESTHAGEN ONE, NO. 7/6 BRUNTON ROAD BANGALORE, KARNATAKA-560025, INDIA REP BY ITS MANAGING DIRECTOR DR VILLO MOROVALA PATEL

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…RESPONDENT (BY SRI. HARSHA SWAROOP P., ADVOCATE; SRI. K.S. MAHADEVAN, SRI. JAGADEESHGOUD PATIL., SRI. SHRISAIL NAVALGUND AND SMT. KRUTIKA RAGHAVAN., ADVOCATES FOR OL)

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NC: 2025:KHC:2803 COP No. 281 of 2013

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THIS COMPANY PETITION IF FILED UNDER SECTION 433(e) & (f) OF THE COMPANIES ACT, 1956 PRAYING TO PASS AN ORDER FOR WINDING UP OF AVESTHAGEN LIMITED, ITS REGISTERED OFFICE AT UNIT 3, “DISCOVERER” 9^TH FLOOR, INTERNATIONAL TECH PARK (ITPL), WHITEFIELD ROAD, BANGALORE-560066 ALSO AT AVESTHAGEN ONE, NO. 7/6 BRUnTON ROAD, BANGALORE, KARNATAKA-560025, IN ACCORDANCE WITH THE PROVISIONS OF THE COMPANIES ACT, 1956 AND ETC.

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THIS COMPANY PETITION, COMING ON FOR ORDER, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

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CORAM: HON'BLE MR JUSTICE SURAJ GOVINDARAJ

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ORAL ORDER

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The petitioner is before this Court seeking for the following reliefs:

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i. Pass an order for winding-up of Avesthagen Limited, its registered office at Unit 3, “Discoverer” 9^th Floor, International Tech Park, (ITPL) Whitefield Road, Bangalore-560066 also at Avesthagen One, No.7/6 Brunton Road, Bangalore, Karnataka560025, in accordance with the provisions of the Companies Act, 1956;

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ii. Pass any other appropriate order or direction as this Hon’ble Court deems fit to grant under the facts and circumstances of the case and allow this petition with cost in the ends of the justice and equity.

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