Omkara Assets Reconstruction Private Limited v. the Official Liquidator of M/S Taurus Novelties Limited (in Liquidation)

Karnataka HC11 Jun 2026CA/65/2026

Case brief

AI extract

What is this about?

Karnataka High Court; Company Application No. 65 of 2026; CA No. 46 of 2026; Company Petition No. 187 of 2011; Omkara Assets Reconstruction Private Limited; Official Liquidator; Taurus Novelties Limited; liquidation; dispensation with production of legible copy of Annexure-B; Section 151 Code of Civil Procedure 1908; Rules 6 and 9 Company Court Rules 1959; application allowed; Justice Jyoti M.

What did the court decide?

Dispensation with production of legible copy of Annexure-B in Company Application No. 65 of 2026. ¶¶29

Omkara Assets Reconstruction Private Limited Vs the Official Liquidator of M/S Taurus Novelties Limited (in Liquidation) — Karnataka HC (2026) — LawSathi Research

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NC: 2026:KHC:28241 CA No. 65 of 2026 In CA No.46 of 2026 In COP No.187 of 2011

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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 11^TH DAY OF JUNE, 2026

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BEFORE

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THE HON'BLE MS. JUSTICE JYOTI M COMPANY APPLICATION NO.65 OF 2026

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COMPANY APPLICATION NO.46 OF 2026

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COMPANY PETITION NO.187 OF 2011

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BETWEEN:

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Digitally signed by GEETHA P G Location: HIGH COURT OF KARNATAKA

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OMKARA ASSETS RECONSTRUCTION PRIVATE LIMITED (A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956 REGISTERED AS A SECURITIZATION AND ASSETS RECONSTRUCTION COMPANY, PURSUANT TO SECTION 3 OF SARFAESI ACT, HAVING REGD OFFICE AT NO.09, M.P.NAGAR, FIRST STREET, KONDU NAGAR EXTENSION, TIRUPUR-641607. REPRESENTED BY KANHAIYA PRABHAKAR ASSISTANT VICE PRESIDENT, OARPL

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…APPLICANT (BY SRI. D.R.RAVISHANKAR, SENIOR ADVOCATE FOR SRI. SHETTY VIGNESH SHIVARAM, ADVOCATE)

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AND:

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THE OFFICIAL LIQUIDATOR OF M/S. TAURUS NOVELTIES LIMITED

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NC: 2026:KHC:28241 CA No. 65 of 2026 In CA No.46 of 2026 In COP No.187 of 2011

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HC-KAR

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(IN LIQUIDATION), ATTACHED TO THE HIGH COURT OF KARNATAKA CORPORATE BHAVAN, NO.26-27, 12TH FLOOR, RAHEJA TOWERS, M.G.ROAD, BENGALURU-560 001.

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…RESPONDENT

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(BY SMT. KRUTIKA RAGHAVAN, ADVOCATE FOR OL)

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THIS COMPANY APPLICATION IS FILED UNDER SECTION 151 OF THE CODE OF CIVIL PROCEDURE, 1908 READ WITH RULE 6 AND 9 OF THE COMPANY COURT RULES, 1959.

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THIS COMPANY APPLICATION IS LISTED FOR ORDERS, THIS DAY AN ORDER IS MADE AS UNDER:

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ORAL ORDER

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Sri.D.R.Ravishankar., Senior counsel on behalf of Sri.Shetty Vignesh Shivaram., for the applicant and Smt.Krutika Raghavan., counsel for the Official Liquidator have appeared in person.

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The application in C.A.No.65/2026 is filed seeking following reliefs:

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" The applicant humbly pray that this Hon'ble Court may be pleased to dispense with production of legible copy of Annexure-B in the interest of justice and equity".

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NC: 2026:KHC:28241 CA No. 65 of 2026 In CA No.46 of 2026 In COP No.187 of 2011

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HC-KAR

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