M/S Saravana Alloys Steels Pvt.Ltd. v. M/S Magnifico Minerals Private Limited
Case brief
What is this about?
Karnataka HC oral order dated 09-01-2026 (Suraj Govindaraj J.) disposing of CA No. 31 of 2024 in COP No. 42 of 2016 — an application under S.434(1)(c) Companies Act, 2013 by Saravana Alloys Steels Pvt. Ltd. (adv. Shivarudrappa Shettar) seeking transfer of pending proceedings to NCLT Bengaluru Bench, against Magnifico Minerals Pvt. Ltd. (adv. Suraj S.). Disposed solely because the parent company petition stood disposed; no cases cited, no quantum, no impugned order.
What did the court decide?
As the underlying Company Petition No. 42 of 2016 has been disposed of, Company Application No. 31 of 2024 (which sought transfer of the pending proceedings to the NCLT Bengaluru Bench) stands disposed of. ¶27