Allowed¶55

Commercial Tax Department, v. Official Liquidator of Bpl Engineering Ltd.

Karnataka HC9 Jan 2026CA/234/2025

Case brief

AI extract

What is this about?

Condonation of delay of 16 days; Company Application No. 86 of 2025; recall of common order dated 12.09.2024 in Company Application Nos. 33, 34 and 240 of 2024; Section 151 Code of Civil Procedure 1908; Rules 6 and 9 Companies (Court) Rules 1959; Company Petition No. 160 of 2005; BPL Engineering Ltd; Official Liquidator; Commercial Tax Department Government of Telangana; Stressed Assets Stabilization Fund SASF; Kotak Mahindra Bank; HDFC Bank; ARCIIL; winding up; Karnataka High Court; Suraj Govindaraj; 2026.

What did the court decide?

Condonation of the delay of 16 days in filing Company Application No. 86 of 2025; Company Application No. 86 of 2025 taken on record. ¶55

Commercial Tax Department, Vs Official Liquidator of Bpl Engineering Ltd. — Karnataka HC (2026) — LawSathi Research

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NC: 2026:KHC:1523 CA No. 234 of 2025 IN COP NO. 160 OF 2005

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HC-KAR

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU

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DATED THIS THE 9^TH DAY OF JANUARY, 2026

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BEFORE

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THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ

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COMPANY APPLICATION NO. 234 OF 2025

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COMPANY PETITION NO. 160 OF 2005

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BETWEEN:

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COMMERCIAL TAX DEPARTMENT, GOVERNMENT OF TELANGANA, HYDERGUDA ASHOK NAGAR CIRCLE, ABIDS DIVISION D. NO 5-4-435, 2^ND FLOOR, OLD KAKTIYA BUILDING, NAMPALLY STATION ROAD, NAMPALLY, HYD- 500001 REPRESENTED BY ITS COMMERCIAL TAX OFFICER AND ASSISTANT COMMISSIONER (ST)

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…APPLICANT

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(BY SRI. MANU PRABHAKAR KULKARNI., ADVOCATE)

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Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA

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AND:

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OFFICIAL LIQUIDATOR OF BPL ENGINEERING LTD. ATTACHED TO HIGH COURT OF KARNATAKA, “CORPORATE BHAVAN”, NO.26-27, 12^TH FLOOR, RAHEJA TOWERS, M.G. ROAD, BENGALURU- 560 001

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STRESSED ASSETS STABILIZATION FUND - SASF 3^RD FLOOR, IDBI TOWER WTC COMPLEX, CUFFE PARADE MUMBAI 400 005 REPRESENTED BY ITS DY. GENERAL MANAGER MR. RAHUL KULKARNI

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KOTAK MAHINDRA BANK LTD ASSETS RECONSTRUCTION DIVISION

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2 - NC: 2026:KHC:1523 CA No. 234 of 2025 IN COP NO. 160 OF 2005

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HC-KAR

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5^TH FLOOR, SAMSON TOWER . NO.402-L, PANTHEON ROAD EGMORE, CHENNAI 600 008 REPRESENTED BY ITS EXECUTIVE VICE PRESIDENT MR. PARAG DHOLAKIA

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HDFC BANK LTD DEPARTMENT FOR SPECIAL OPERATIONS 2^ND FLOOR, ESEL CHAMBERS 7 AND 7/1, LALBAGH ROAD, RICHMOND CIRCLE BENGALURU 560 027 REPRESENTED BY ITS SENIOR MANAGER SRI. FRANCY RAJU

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ASSET RECONSTRUCTION COMPANY (INDIA) LTD, (ARCIIL) THE RUBY, 10TH FLOOR 29, SENAPATHI BAPAT MARG DADAR (WEST) MUMBAI 400 028 REPRESENTED BY ITS CHIEF MANAGER SRI. ASHISH SHAHI

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JAMMU AND KASHMIR BANK ZONAL OFFICE (SOUTH) UNION STREET OFF INFANTRY ROAD BENGALURU 560 001 REPRESENTED BY ITS CHIEF MANAGER MR. FARID AHMED KHAN

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SICOM LIMITED SOLITAIRE CORPORATION PARK BUILDING NO.4, 6^TH FLOOR GURU HARGOVINDJI ROAD (ANDHERI GHATKOPAL LINK ROAD) CHAKALA, ANDHERI (EAST) MUMBAI, MAHARASHTRA 400 093 REPRESENTED BY ITS ASST. MANAGER SRI. PRAMOD CHAUHAN

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KSIIDC LIMITED KARNATAKA STATE INDUSTRIAL AND INFRASTRUCTURE DEVELOPMENT CORPORATION LIMITED NO.49, KHANIJA BHAVAN

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3 - NC: 2026:KHC:1523 CA No. 234 of 2025 IN COP NO. 160 OF 2005

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HC-KAR

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4^TH FLOOR, EAST WING, RACE COURSE ROAD BENGALURU 560 001 REPRESENTED BY ITS GENERAL MANAGER SRI. ESWARA

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BANK OF BAHRAIN AND KUWAIT JOLLY MAKER CHAMBERS II GROUND FLOOR, 225 MARIMAN POINT, MUMBAI 400 021 REPRESENTED BY ITS LEGAL MANAGER SRI. NEMISH KUMAR

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CANARA BANK, ARM I BRANCH ASSET RECONSTRUCTION DIVISION 2^ND FLOOR, CIRCLE OFFICE, SPENCER TOWERS, NO.86, M.G. ROAD BENGALURU 560 001 REPRESENTED BY ITS CHIEF MANAGER SRI. PRASHANT PANDEY

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STATE BANK OF INDIA ASSET RECOVERY MANAGEMENT BRANCH MYSORE BANK BUILDING, BKG COMPLEX A BLOCK, 2^ND FLOOR, AVENUE ROAD BENGALURU 560 009 REPRESENTED BY ITS CHIEF MANAGER SRI. VENKATARAMAN DAS G

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CENTRAL BANK OF INDIA MERCHANT BANKING DIVISION DEBENTURE TRUSTEE SECTION 4^TH FLOOR, CEBTRAK BANK BUILDING M.G. ROAD, FORT, MUMBAI 400 028 REPRESENTED BY ITS AUTHORIZED OFFICER MR. A. KESHAV BANGERA

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IFCI LIMITED IFCI BHAVAN, 4TH FLOOR 2, CUBBONPET MAIN ROAD N R SQUARE, BENGALURU 560 002 REPRESENTED BY ITS ASST. G. MANAGER SRI. P. SIVAKUMAR

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NC: 2026:KHC:1523 CA No. 234 of 2025 IN COP NO. 160 OF 2005

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HC-KAR

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ICICI BANK ICICI BANK TOWERS BANDRA KURLA COMPLEX BANDRA EAST, MUMBAI 400 051 REPRESENTED BY ITS LEGAL MANAGER

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…RESPONDENTS

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(BY SRI. SHRISHAIL NAVALGUND FOR O.L)

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THIS COMPANY APPLICATION IS FILED UNDER SECTION 151 OF THE CODE OF CIVIL PROCEDURE, 1908 R/W RULES 6 AND 9 OF THE COMPANIES (COURT) RULES, 1959 PRAYING TO CONDONE THE DELAY OF 16 DAYS IN FILING COMPANY APPLICATION NO.86 OF 2025 SEEKING FOR THE RECALL OF THE COMMON ORDER DATED 12.09.2024 IN COMPANY APPLICATION NOS.33, 34 AND 240 OF 2024 AND ETC.

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THIS COMPANY APPLICATION, COMING ON FOR ORDERS, 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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CA No.234/2025 has been filed seeking for the

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following reliefs;

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a. Condone the delay of 16 days in filing Company Application No. 86 of 2025 seeking for the recall of Common order dated 12.09.2024 in Company Application Nos. 33, 34 and 240 of 2024.

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b. To pass such other orders as this Hon’ble Court deems fit and proper in the facts and circumstances of the case.

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CA No.234 of 2025 has been filed for condonation of

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delay of 16 days in filing CA No.86 of 2025 seeking recall of the common order.

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5 - NC: 2026:KHC:1523 CA No. 234 of 2025 IN COP NO. 160 OF 2005

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HC-KAR

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Learned counsel for the official liquidator on instruction submits that he has no objection for allowing the said application insofar as the condonation delay is concerned and he would make his submission on merits of the matter.

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Hence, CA No.234 of 2025 is allowed, the delay of 16 days in filing CA No.86 of 2025. CA No.86 of 2025 is taken on record.

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SD/(SURAJ GOVINDARAJ) JUDGE

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List No.: Sl No.:

Commercial Tax Department, v. Official Liquidator of Bpl Engineering Ltd.

Case brief

What is this about?

What did the court decide?

Commercial Tax Department, v. Official Liquidator of Bpl Engineering Ltd.

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Statutes considered

Procedural history

Parties & counsel

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