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2025 DAILYLAW 41982 (KAR)

KIRIT MORZARIA v. INTERNATIONAL COACH BUILDERS LIMITED

CA/63/2025 · 2025-09-04

E S Indiresh

body2025

Judgment text

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- 1 - HC-KAR NC: 2025:KHC:34981 CA No. 63 of 2025 IN COP NO.131 of 1988 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH COMPANY APPLICATION NO.63 OF 2025 in COMPANY PETITION NO.131 OF 1988 BETWEEN: 1. KIRIT MORZARIA S/O C G MORZARIA, AGED ABOUT 71 YEARS, RESIDING AT 1B TOUNNE HOUSE NO.6 HAUDIN ROAD, ULSOOR, BENGALURU - 560 042. …APPLICANT (BY SRI. SAJI P. JOHN, ADVOCATE) AND: 1. INTERNATIONAL COACH BUILDERS LIMITED (IN LIQUIDATION) REPRESENTED BY THE OFFICEAL LIQUIDATOR ATTACHED TO THE HIGH COURT OF KARNATAKA, CORPORATE BHAVAN, NO.26-27, 12TH FLOOR, RAHEJA TOWERS, M.G.ROAD, BENGALURU- 560001. Digitally signed by SHARMA ANAND CHAYA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:34981 CA No. 63 of 2025 IN COP NO.131 of 1988 2. KARNATAKA STAE INDUSTRIAL INVESTMENT AND DEVELOPMENT CORPORATION LIMITED REPRESENTED BY ITS MANAGING DIRECTOR, 4TH FLOOR, EAST WING, NO. 49, KHANIJA BHAVAN, RACE COURSE ROAD, BENGALURU-560009. …RESPONDENTS (BY SRI. JAGADEESH GOUD PATIL, ADVOCATE FOR OL) THIS APPLICATION IS FILED UNDER RULE 6 AND 9 OF THE COMPANIES (COURT) RULES 1959 R/W SECTION 141 OF THE CONTRACT ACT, 1872 AND SECTION 92 OF THE TRANSFER OF PROPERTY ACT, 1882, PRAYING TO, RECOGNISE THE APPLICANT HEREIN TO BE THE SECURED CREDITOR OF THE 1ST RESPONDENT COMPANY, IN LIEU OF THE 2ND RESPONDENT. THIS APPLICATION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 3 - HC-KAR NC: 2025:KHC:34981 CA No. 63 of 2025 IN COP NO.131 of 1988 CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH ORAL ORDER In view of allowing CA No.70/2025 by this Court, vide Order dated 01.09.2025, the present *CA No.63/2025 does not survive for consideration. Accordingly, *CA No.63/2025 is disposed of. SD/- (E.S.INDIRESH) JUDGE sac List No.: 1 Sl No.: 19 * corrected vide Chambers Order dated 22.09.2025.