Extracted from the PDF above. The PDF is authoritative.
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NC: 2025:KHC:12970 WP No. 17403 of 2018
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 26TH DAY OF MARCH, 2025 BEFORE THE HON'BLE MR JUSTICE SURAJ GOVINDARAJ WRIT PETITION NO. 17403 OF 2018 (GM-RES) BETWEEN:
1. H. MAHADEVA RAO, S/O LATE H.K. ANANTHAIAH, AGE 74 YEARS, RESIDING AT "PANCHAMI", 5-43-E3, DURGA NAGAR, BAILOR, UDUPI - 576 101. 2. DINESH HEGDE S/O LATE K. BOMMYYA SHETTY, AGE 61 YEARS, NIRMAN CONSULTANTS, 1ST FLOOR, S.M.S.P. COMPLEX, NEAR SANSKRIT COLLEGE, UDUPI - 576 101. 3. M. DINESH KAMATH S/O LATE N. DEVARAYA KAMATH, AGE 61 YEARS, HIRIYANGADI ROAD, ANEKERE, KARKALA - 576 101
4. K. DEVI PRASAD S/O K. RAMCHANDRA BHAT, AGE 50 YEARS, 5-204-A, POORNIMA, V.P. NAGAR, 3RD MAIN ROAD, 2ND CROSS, KUNJIBETTU POST, KUNJIBETTU, UDUPI - 576 102. Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA
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NC: 2025:KHC:12970 WP No. 17403 of 2018
5. ADARSH S/O H.M. RAO, AGE 39 YEARS, RESIDING AT 5-43E3, DURGA NAGAR, BAILOR, UDUPI - 576 101. 6. DEVADAS N. NAYAK S/O LATE NAGESH NAYAK, AGE 72 YEARS, RESIDING AT "KAUNDINYA" 1ST 'B' PARALLEL, 1ST CROSS, GANDHINAGAR, SHIMOGA - 577 207. …PETITIONERS (BY SRI. B.O. CHANDRA SHEKAR, ADVOCATE (ABSENT)) AND:
1. UNION OF INDIA, REPRESENTED BY ITS SECRETARY, MINISTRY OF CORPORATE AFFAIRS, GARAGE NO.14, A-WING, SHASTRI BHAVAN, RAJENDRA PRASAD ROAD, NEW DELHI - 110 001. 2. INSOLVENCY AND BANKRUPTCY BOARD OF INDIA, 7TH FLOOR, MAYUR BHAWAN, SHANKAR MARKET, CONNAUGHT CIRCUS, NEW DELHI - 110 001, REPRESENTED BY ITS CHAIRPERSON. …RESPONDENTS (BY SRI. HEMANTH R. RAO, ADVOCATE FOR R1;
SRI. K. SAROJINI MUTHANNA, ADVOCATE FOR R2)
THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO-DIRECT THE R-2
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NC: 2025:KHC:12970 WP No. 17403 of 2018
TO REGISTER THE NAME OF THE PETITIONERS AS A REGISTERED VALUERS FOR THE PURPOSE OF CONDUCTING VALUATIONS REQUIRED UNDER THE COMPANIES ACT 2013 AND THE INSOLVENCY AND BANKRUPTCY CODE 2016 WITHOUT INSISTING TO PASS VALUATION EXAMINATION AS SPECIFIED IN RULE 5 OF COMPANIES (REGISTERED VALUERS AND VALUATION) RULES-2017 VIDE ANNX-A AND ETC.,
THIS PETITION, COMING ON FOR PRELIMINARY HEARING IN 'B' GROUP, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR JUSTICE SURAJ GOVINDARAJ
ORAL ORDER
1.
The petitioners are before this Court, seeking for the following reliefs:
"i. WHEREFORE petitioners most humbly pray that this Hon'ble Court may be pleased to issue a Writ in the nature of Mandamus directing the second respondent to register the name of the petitioners as a registered Valuers for the purpose of conducting valuations required under The Companies Act 2013 and the Insolvency and Bankruptcy code 2016 without insisting to pass valuation examination as specified in Rule 5 of Companies (Registered Valuers and Valuation) Rules - 2017 produced at Annexure - A, in the interest of justice. And It is most humbly prayed that this Hon'ble Court may be pleased to grant such other reliefs as deemed fit by this Hon'ble court in the interest of justice."
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NC: 2025:KHC:12970 WP No. 17403 of 2018
2. Despite the order dated 27.02.2024, none appeared for the petitioners today also. 3. It appears that petitioners are not interested in prosecuting the matter. Hence, the petition is dismissed for non-prosecution. SD/- (SURAJ GOVINDARAJ) JUDGE
AMA List No.: 1 Sl No.: 26 CT: BHK