- 1 - HC-KAR NC: 2025:KHC:52018 CA No. 273 of 2025 In CA No. 255 of 1999 In COP No. 15 of 1994 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF DECEMBER, 2025 BEFORE THE HON'BLE MS. JUSTICE JYOTI M COMPANY APPLICATION NO. 273 OF 2025 IN COMPANY APPLICATION NO. 255 OF 1999 IN COMPANY PETITION NO. 15 OF 1994 BETWEEN: SRI. T.MD.NOWMAN S/O MOHAMED YOUSUF, AGED ABOUT 66 YEARS, R/AT NO. 62, 64, SPUR TUNK SALAI MEYAR, RAMANATHAN SALAI, CHETPET, CHENNAI - 600 031. …APPLICANT (BY SRI. NAGESH R.K., ADVOCATE FOR SRI. BHARADWAJ K.R., ADVOCATE) AND: OFFICIAL LIQUIDATOR OF M/S N.P.CONFECTIONERYU LIMITED (IN LIQN) REHAJA TOWERS, M.G.ROAD, BENGALURU - 560 001. …RESPONDENT (BY SRI. JAGADEESH GOUD PATIL, ADVOCATE FOR OL) Digitally signed by THEJAS KUMAR N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:52018 CA No. 273 of 2025 In CA No. 255 of 1999 In COP No. 15 of 1994 THIS COMPANY APPLICATION IS FILED UNDER SECTION 478 OF BNSS R/W RULES 6 AND 7 OF COMPANIES (COURT) RULES 1959 PRAYING THIS HONBLE COURT TO GRANT BAIL AND TO RELEASE THE APPLICANT IN THE INTEREST OF JUSTICE. THIS COMPANY APPLICATION IS LISTED FOR ORDERS, THIS DAY AN ORDER IS MADE AS UNDER: ORAL ORDER Sri. Nagesh R.K. , counsel for Sri. Bhardwaj K.R., counsel for the applicant, Additional Government Advocate appeared in person and Sri. Jagadeesh Goud Patil, counsel for Official Liquidator appeared through video conferencing. 2. Counsel for the applicant submits that this Court had issued Non-Bailable Warrant against accused No.3 and accused No.3 has been produced before this Court through Sub-Inspector, J.C.Nagar Police Station. A bail application is filed seeking grant of bail and release of respondent No.3 on bail. Counsel therefore submits that the bail application may be allowed and respondent No.3 may be released on bail. 3. Counsel on behalf of Official Liquidator and Additional Government Advocate objected to release respondent No.3 on bail. - 3 - HC-KAR NC: 2025:KHC:52018 CA No. 273 of 2025 In CA No. 255 of 1999 In COP No. 15 of 1994 4. The submission made by the respective counsel is noted with care. 5. The Application filed by the applicant is taken on record. Perused the application and the affidavit with utmost care. 6. Being satisfied with the reasons shown in the affidavit, the application is allowed and accused No.3 / respondent No.3 is released on bail subject to condition that he shall appear before the Court on all the dates of hearing and shall execute a personal bond for a sum of Rs.1,00,000/- (Rupees One Lakh only) before the Registrar Judicial, High Court of Karnataka, Bengaluru. 7. Accordingly C.A.No.273/2025 is disposed of. SD/- (JYOTI M) JUDGE SS List No.: Sl No.: