SRI. RAKESH SOOD v. KARNATAKA STATE FINANCIAL CORPORATION
MFA/4881/2017 · 2025-01-09
Anu Sivaraman, Vijaykumar A Patil
body2025
DailyLaw.ai
[ 2025 DAILYLAW 27705 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 27705 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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NC: 2025:KHC:754-DB MFA No. 4881 of 2017
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF JANUARY, 2025 PRESENT THE HON'BLE MRS. JUSTICE ANU SIVARAMAN AND THE HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL MISCELLANEOUS FIRST APPEAL NO. 4881 OF 2017 (SFC)
BETWEEN:
1.
SRI. RAKESH SOOD S/O. MAN MOHAN SOOD AGED ABOUT 58 YEARS APARTMENT No.6A & 6C SUKHI APARTMENTS RHENIUS STREET BENGALURU-560 025
2.
SMT. SWARAN SOOD W/O RAKED SUD AGED ABOUT 53 YEARS APARTMENT No.6A & 6C SUKHI APARTMENTS RHENIUS STREET BENGALURU-560 025 …APPELLANTS (BY SRI. SARASWATHI, ADVOCATE -(ABSENT))
AND:
1.
KARNATAKA STATE FINANCIAL CORPORATION No.1/1, THIMMAIAH ROAD BENGALURU-560 052 REPRESENTED BY ITS ASSISTANT / DEPUTY GENERAL MANAGER (HP & FS)
2.
THE DEBENTURE TRUSTEE KARNATAKA STATE FINANCIAL CORPORATION
Digitally signed by CHANNEGOWDA PREMA Location: High Court of Karnataka
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NC: 2025:KHC:754-DB MFA No. 4881 of 2017
No.1/1, THIMMAIAH ROAD BENGALURU-560 052 REPRESENTED HEREIN BY ITS MANAGER
3.
MYSORE CHEMICALS MANUFACTURES LTD.
HAVING ITS OFFICE AT No.8, SILVER OAKS, 4, CORNWELL ROAD RICHMOND ROAD BENGALURU-560 025 REPRESENTED BY ITS DIRECTOR MR. MAN MOHAN SUD
4.
DR. SHABEER MAJEED S/O ABDUL MAJEED AGED ABOUT 50 YEARS R/AT. No.304, 3RD FLOOR BLUE CROSS CHAMBERS No.11, INFANTRY ROAD CROSS BENGALURU-560 001
5.
DR. NAZMA SHABEER W/O DR. MOHAMED SHABEER AGED ABOUT 48 YEARS R/AT. No.304, 3RD FLOOR BLUE CROSS CHAMBERS No.11, INFANTRY ROAD CROSS BENGALURU-560 001 …RESPONDENTS
(BY SRI. BIPIN HEGDE, ADVOCATE FOR R1 & R2;
R3 - SERVED AND UNREPRESENTED;
R4 & R5 - SERVICE OF NOTICES DISPENSED WITH V.C.O.
DATED 04.07.2022)
THIS MFA IS FILED U/S 32(9) OF THE STATE FINANCIAL CORPORATION ACT, 1951, AGAINST JUDGMENT AND DECREE DATED 22.03.2016 PASSED IN MISC.No.69/2004 ON THE FILE
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NC: 2025:KHC:754-DB MFA No. 4881 of 2017
OF THE XXXVII ADDITIONAL CITY CIVIL JUDGE & SESSIONS JUDGE (CCH-38), BENGALURU CITY, AND ETC.
THIS APPEAL, COMING ON FOR HEARING ON INTERLOCUTORY APPLICATION, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER:
CORAM: HON'BLE MRS. JUSTICE ANU SIVARAMAN and HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL ORAL JUDGMENT (PER: HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL)
There is representation for the appellants.
2.
Learned counsel appearing for the respondent- Corporation on instruction submits that the appellants have cleared the entire dues of the respondent- Corporation. He further submits that in view of clearing of the entire dues, the appeal would not survive for
consideration.
3. Said submission is placed on record.
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NC: 2025:KHC:754-DB MFA No. 4881 of 2017
4. Accordingly, appeal is dismissed as having become infructuous. Consequently, pending IA's, if any, do not survive for consideration.
Sd/- (ANU SIVARAMAN) JUDGE
Sd/- (VIJAYKUMAR A. PATIL) JUDGE
PN List No.: 1 Sl No.: 13