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2025 DAILYLAW 23740 (KAR)

SRI JITENDER SINGH KANWAR v. AVESTHAGEN LIMITED

COP/125/2012 · 2025-01-22

Suraj Govindaraj

Transfer Petitionbody2025

Judgment text

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- 1 - NC: 2025:KHC:2802 COP No. 125 of 2012 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 22ND DAY OF JANUARY, 2025 BEFORE THE HON'BLE MR JUSTICE SURAJ GOVINDARAJ COMPANY PETITION NO. 125 OF 2012 BETWEEN: SRI JITENDER SINGH KANWAR S/O DR. J.S. KANWAR AGED ABOUT 53 YEARS 17, KRISHI NAGAR, OLD BOWENPALLY, SECUNDERABAD-500009, A.P. …PETITIONER (BY SRI. MOHUMED SADIQH FOR ., ADVOCATE) AND: AVESTHAGEN LIMITED HAVING ITS REGISTERED OFFICE AT ‘DISCOVERER’ 9TH FLOOR, UNIT 3, ITPL, WHITEFIELD ROAD, BANGALORE-560066. REP BY ITS MANAGING DIRECTOR DR. VILLOO MORAWALA PATELL …RESPONDENT (BY SRI. HARSHA SWAROOP P., ADVOCATE) THIS COMPANY PETITION IS FILED UNDER SECTION 433(e)(f) OF THE COMPANIES ACT, 1956 PRAYING TO PASS AN ORDER FOR WINDING UP OF AVESTHAGEN LIMITED, UNIT NO.3, DISCOVERER, 9TH FLOOR, INTERNATIONAL TECH PARK, WHITEFIELD ROAD, BANGALORE-560066, IN ACCORDANCE WITH THE PROVISIONS OF THE COMPANIES ACT, 1956 AND ETC. ASHPAK KASHIMSA MALAGALADINNI Digitally signed by ASHPAK KASHIMSA MALAGALADINNI Location: High Court of Karnataka, Dharwad Bench Date: 2025.01.29 11:43:59 +0530 - 2 - NC: 2025:KHC:2802 COP No. 125 of 2012 THIS COMPANY PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR JUSTICE SURAJ GOVINDARAJ ORAL ORDER 1. The petitioner is before this Court seeking for the following reliefs: i. Pass an order for winding up of Avesthagen Limited, Unit No.3, Discoverer, 9th Floor, International Tech Park, Whitefield Road, Bangalore-560066, in accordance with the provisions of the Companies Act, 1956. ii. Pass such other order/s as this Hon’ble Court deems fit to grant, in the circumstances of the case, including an order as costs of the present petition in the interest of justice and equity. 2. The learned counsel for the petitioner seeks permission to withdraw the above matter. 3. Accepting his submissions, COP No.125/2012 is dismissed as withdrawn. 4. C.A.No.978/2015, C.A.No.979/2015 and C.A.No.980/2015 along with C.A.No.223/2019 are - 3 - NC: 2025:KHC:2802 COP No. 125 of 2012 directed to be put up in COP No.22/2014 in a similar manner as done vide order dated 14.02.2020 in COP No.282/2013. Sd/- (SURAJ GOVINDARAJ) JUDGE PRS List No.: 19 Sl No.: 5