M/S CATALYST TRUSTEESHIP LIMITED v. MANTRI INFRASTRUCTURE PVT LTD
CRP/155/2025 · 2025-09-08
M Nagaprasanna
body2025
DailyLaw.ai
[ 2025 DAILYLAW 57512 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 57512 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2025:KHC:35434 CRP No. 155 of 2025
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 8TH DAY OF SEPTEMBER, 2025 BEFORE THE HON'BLE MR. JUSTICE M.NAGAPRASANNA CIVIL REVISION PETITION NO. 155 OF 2025 (IO) BETWEEN:
M/S CATALYST TRUSTEESHIP LIMITED A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING REGISTERED OFFICE AT:
GDA HOUSE, FIRST FLOOR, PLOT NO.85, S.NO.94 AND 95, BHUSARI COLONY (RIGHT), KOTHRUD, PUNE, MAHARASHTRA, INDIA-411038. …PETITIONER (BY SRI GEORGE JOSEPH, ADVOCATE) AND:
1. MANTRI INFRASTRUCTURE PVT. LTD., A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT C-5, RICH HOMES, NO. 5/1, RICHMOND ROAD, BENGALURU 560025. 2. MANTRI DEVELOPERS PVT. LTD., A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT C-5, RICH HOMES, NO. 5/1, RICHMOND ROAD, BENGALURU 560025. Digitally signed by NAGAVENI Location: High Court of Karnataka
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HC-KAR NC: 2025:KHC:35434 CRP No. 155 of 2025
3. SHORE DWELLINGS PVT. LTD., A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT C-5, RICH HOMES, NO. 5/1, RICHMOND ROAD, BENGALURU 560025
4. AGARA TECHZONE PVT. LTD., A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT MANTRI HOUSE, NO. 41, VITTAL MALLYA ROAD, BENGALURU 560001. 5. MINERVA INFRATECH PVT. LTD., A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT MANTRI HOUSE, NO.41, VITTAL MALLYA ROAD, BENGALURU 560001. 6. MANTRI RESI STRUCTURES PVT. LTD., A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT MANTRI HOUSE, NO. 41, VITTAL MALLYA ROAD, BENGALURU 560001
7. CASTLES VISTA PVT. LTD., A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT C-5, RICH HOMES, NO.5/1, RICHMOND ROAD, BENGALURU 560025. - 3 -
HC-KAR NC: 2025:KHC:35434 CRP No. 155 of 2025
8. PLAZA AGENCIES PVT. LTD., A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT MANTRI HOUSE, NO.41, VITTAL MALLYA ROAD, BENGALURU 560001
9. SUSHIL MANTRI, AGED ABOUT 61 YEARS, HAVING OFFICE AT MANTRI HOUSE, NO. 41, VITTAL MALLYA ROAD, BENGALURU 560001. 10. INDIABULLS HOUSING FINANCE LIMITED (PRESENTLY KNOWN AS SAMMAAN CAPITAL LIMITED), A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT 5TH FLOOR, BUILDING NO.27, KG MARG, CONNAUGHT PLACE, NEW DELHI, 110001, AND ALSO HAVING AN OFFICE AT PLOT NO.87/6, GROUND MEZZANINE, INDIABULLS HOUSE, RICHMOND TOWN, BENGALURU 560025. 11.
INDIABULLS COMMERCIAL CREDIT LIMITED, A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT 5TH FLOOR, BUILDING NO.27, KG MARG, CONNAUGHT PLACE, NEW DELHI, DELHI – 110001
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HC-KAR NC: 2025:KHC:35434 CRP No. 155 of 2025
12. ERIDANI INFRASTRUCTURE PRIVATE LIMITED, A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT E-903, TOWER-E, LOTUS HOMEZ, SECTOR-111, PALAM VIHAR, HARYANA, INDIA - 122017. 13. ASLEEK BUILDWELL PRIVATE LIMITED, A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT L-62/1, L-BLOCK, SECOND FLOOR, NEW DELHI, DELHI, INDIA -111001
14. AUROKIRAN CAPITAL INVESTMENT ADVISORS PRIVATE LIMITED, A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT L-62/1, L-BLOCK, SECOND FLOOR, NEW DELHI-111001. 15. DEUTSCHE BANK AG, HAVING ITS REGISTERED OFFICE AT DEUTSCHE BANK HOUSE, HAZARIMAL SOMANI MARG, FORT, MUMBAI 400001. 16. NILESH SABOO, SENIOR EXECUTIVE AT DEUTSCHE BANK (DB), HAVING OFFICE AT DEUTSCHE BANK HOUSE, HAZARIMAL SOMANI MARG, FORT, MUMBAI 400001. …RESPONDENTS
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HC-KAR NC: 2025:KHC:35434 CRP No. 155 of 2025
THIS CRP IS FILED UNDER SEC.115 OF CPC., AGAINST THE ORDER DATED 25.11.2024 PASSED ON IA NO.V AND IA NO.VIII IN OS NO.7166/2024 ON THE FILE OF IX ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, AT BANGALORE., DISMISSING THE IA NO.5 FILED UNDER ORDER 7 RULE 10 R/W SEC.151 OF CPC., AND DISMISSING THE IA NO.8 FILED UNDER ORDER 7 RULE 10(2) OF CPC., FOR RETURN OF PLAINT. THIS PETITION, COMING ON FOR ORDERS, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM:
HON'BLE MR. JUSTICE M.NAGAPRASANNA
ORAL ORDER
Learned counsel appearing for the petitioner files a memo indicating that the subject petition would not survive for
consideration. The memo so filed reads as follows:
"MEMO FOR WITHDRAWAL
1. The Petitioner has filed the present petition challenging the order dated 25.11.2024 ("Impugned
Order") passed by the IX Additional City Civil and Sessions Judge, Bengaluru (CCH-5) ("Trial Court") in the suit bearing O.S.No.7166/20244.
2. The Petitioner is herewith producing the order passed by this Hon'ble Court in CRP No.49/2025 preferred by Respondents No.10 and 11 in the present petition (co- Defendant) whereby the same Impugned Order was challenged. This Hon'ble Court in CRP No.49/2025 was pleased to allow the Civil Revision Petition filed by Respondents No.10 and 11 and the application filed under
Order VII Rule 10 was consequently allowed. The said
order passed by this Hon'ble Court in CRP No.49/2025 on 29.03.2025 is annexed herewith
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HC-KAR NC: 2025:KHC:35434 CRP No. 155 of 2025
Wherefore, it is prayed that this memo may be taken on record in the interests of justice and equity."
In terms of memo, the petition is disposed as withdrawn.
Sd/- (M.NAGAPRASANNA) JUDGE
PHM List No.: 1 Sl No.: 371