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2025 DAILYLAW 42675 (KAR)

K KODANDARAMA REDDY v. THE OFFICIAL LAQUIDATOR

CA/250/2020 · 2025-08-21

E S Indiresh

Civil Appealbody2025

Judgment text

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- 1 - HC-KAR NC: 2025:KHC:32784 CA No.250 of 2020 A/W CA NO.251/2020 A/W C.A.NO. 252/2020 IN CA NO.345/2017 IN COP NO.154/2002 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 21ST DAY OF AUGUST, 2025 BEFORE THE HON'BLE MR. JUSTICE E.S.INDIRESH COMPANY APPLICATION NO. 250 OF 2020 A/W COMPANY APPLICATION NO.251 OF 2020 A/W COMPANY APPLICATION NO.252 OF 2020 IN COMPANY APPLICATION NO.345 OF 2017 IN COMPANY PETITION NO.154 OF 2002 IN CA NO.250/2020 & CA NO.251/2020 BETWEEN: 1. K. KODANDARAMA REDDY NO.26/1, 1ST MAIN, GARDEN AVENUE NEAR GARDEN CITY COLLEGE BHATTARAHALLI, VIRGO NAGAR BENGALURU-560049 MOBILE NO.9341944953/ 9972306514. …COMMON APPLICANT (BY SRI. K.KODANDARAMA REDDY,(PARTY-IN-PERSON)) Digitally signed by SHARMA ANAND CHAYA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:32784 CA No.250 of 2020 A/W CA NO.251/2020 A/W C.A.NO. 252/2020 IN CA NO.345/2017 IN COP NO.154/2002 AND: 1. THE OFFICIAL LIQUIDATOR FOR NGEF LTD, 12TH FLOOR RAHEJA TOWERS, M G ROAD BENGALURU-560001. 2. THE PRINCIPAL SECRETARY COMMERCE AND INDUSTRY DEPARTMENT, GOVERNMENT OF KARNATAKA VIKASA SOUDHA BENGALURU-560001. 3. THE MANAGING DIRECTOR -NGEF LTD (LIQUIDATED AND NOW REVIVED GOVERNMENT. CO.) 2ND FLOOR, KHANIJA BHAVANA, RACE COURSE ROAD, BENGALURU-560001. …COMMON RESPONDENTS (BY SRI. SAJI P. JOHN, ADVOCATE FOR R1 & R3; SRI. HANUMANTHARAYA LAGALI, AGA FOR R2) IN CA NO.252/2020 BETWEEN 1. K. KODANDARAMA REDDY NO.26/1, 1ST MAIN, NEAR GARDEN CITY COLLEGE BHATTARAHALLI, VIRGO NAGAR BENGALURU-560049. …..APPLICANT (BY SRI. K.KODANDARAMA REDDY,(PARTY-IN-PERSON)) - 3 - HC-KAR NC: 2025:KHC:32784 CA No.250 of 2020 A/W CA NO.251/2020 A/W C.A.NO. 252/2020 IN CA NO.345/2017 IN COP NO.154/2002 AND: 1. THE OFFICIAL LIQUIDATOR FOR NGEF LTD, 12TH FLOOR RAHEJA TOWERS, M G ROAD BENGALURU-560001. 2. ADDL., CHIEF SECRETARY COMMERCE AND INDUSTRY DEPARTMENT, GOVERNMENT OF KARNATAKA VIKASA SOUDHA BENGALURU-560001. 3. THE MANAGING DIRECTOR -NGEF LTD NO.49, 3RD FLOOR, SOUTH WING KHANIJA BHAVANA RACE COURSE ROAD BENGALURU-560001. 4. COMMISSIONER KARNATAKA HOUSING BOARD CAUVERY BHAVAN, K.G. ROAD BENGALURU -560001. …RESPONDENTS ((BY SRI. SAJI P. JOHN, ADVOCATE FOR R1 & R3; SRI. HANUMANTHARAYA LAGALI, AGA FOR R2; SRI. V.N. MURTHY, ADVOCATE FOR R4) IN CA NO.250/2020 THIS APPLICATION IS FILED UNDER RULE 6 AND 9 OF THE COMPANIES (COURT) RULES 1959 READ WITH SECTION 151 OF CPC., PRAYING TO QUASH THE ARTICLES OF CHARGE DATED 19.02.1997 (ANNEXURE-C) BEARING NO.GM[RMD]/0039/97, BEING ILLEGITIMATE AND UNSUSTAINABLE; AND ETC. - 4 - HC-KAR NC: 2025:KHC:32784 CA No.250 of 2020 A/W CA NO.251/2020 A/W C.A.NO. 252/2020 IN CA NO.345/2017 IN COP NO.154/2002 IN CA. NO.251/2020 THIS APPLICATION IS FILED UNDER RULE 6 AND 9 OF THE COMPANIES (COURT) RULES 1959 READ WITH SECTION 151 OF CPC., PRAYING TO QUASH THE MEMO BEARING NO.DM(A&IR)/P2/07-0407/99, DATED 27.07.1999 AS AT ANNEXURE-B, IMPOSING PENAL RENTS. IN CA. NO.252/2020 THIS APPLICATION IS FILED UNDER RULE 6 AND 9 OF THE COMPANIES (COURT) RULES 1959 READ WITH SECTION 151 OF CPC., PRAYING TO ORDER FOR REVOCATION OF WRONGFUL DISMISSAL DATED 22.11.2000, PASSED BY ILLEGAL REVIVED OF COMMON AND CHARGE-MEMO THAT WAS DROPPED AND CLOSED AT THE BEHEST OF THE HON'BLE HIGH COURT AND ETC. THESE APPLICATIONS, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE E.S.INDIRESH ORAL ORDER CA No.345 of 2017 filed under Section 460(6) of the Companies Act, 1956, read with Rule 6 and 9 and Rule 164 of the Companies (Court) Rules, 1959 is - 5 - HC-KAR NC: 2025:KHC:32784 CA No.250 of 2020 A/W CA NO.251/2020 A/W C.A.NO. 252/2020 IN CA NO.345/2017 IN COP NO.154/2002 dismissed as the relief sought for in the said application does not survive for consideration. In view of the dismissal of CA No.345 of 2017 as it does not survive for consideration, the applications in CA No.250 of 2020, CA No.251 of 2020 and CA No.252 of 2020 are dismissed. SD/- (E.S.INDIRESH) JUDGE SB List No.: Sl No.: