Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2025:KHC:50779 CA No. 15 of 2023 In COP No.166 of 2001
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 4TH DAY OF DECEMBER, 2025 BEFORE THE HON'BLE MS. JUSTICE JYOTI M COMPANY APPLICATION NO. 15 OF 2023 IN COMPANY PETITION NO. 166 OF 2001
BETWEEN:
1. SMT. J.K.SRIDEVI, W/O LATE SHRI KRISHNACHAR JOSHI ALIAS SHRI J.KRISHNACHAR, AGED ABOUT 61 YEARS,
2. SMT. GAYATHRI HOSUR, D/O LATE SHRI KRISHNACHAR JOSHI ALIAS SHRI J.KRISHNACHAR, AGED ABOUT 42 YEARS,
3. SHRI SUDHINDRA K.JOSHI, S/O LATE SHRI KRISHNACHAR JOSHI ALIAS SHRI J.KRISHNACHAR, AGED ABOUT 38 YEARS
ALL TOGETHER RESIDING AT 1/67, 1 WARD KOTE MAIN ROAD, NEAR KAMA REDDY ONI, HOSPET TALUK, KAMPLI KOTE, MUDDAPURA NO.10, KAMPLI, BELLARY, KARNATAKA. …APPLICANTS (BY SMT. BHARGAVI, ADVOCATE FOR SRI. DEEPAK, ADVOCATE)
Digitally signed by THEJAS KUMAR N Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2025:KHC:50779 CA No. 15 of 2023 In COP No.166 of 2001
AND:
THE OFFICIAL LIQUIDATOR OF THE MYSORE KIRLOSKAR LTD., (IN LIQN). ATTACHED TO HIGH COURT OF KARNATAKA 12TH FLOOR, RAHEJA TOWERS, BENGALURU - 560001. …RESPONDENT (BY SRI. K.S.MAHADEVAN, ADVOCATE FOR OL)
THIS COMPANY APPLICATION IS FILED UNDER RULE 6 AND 9 OF THE COMPANIES (COURT) RULES, 1959. THIS COMPANY APPLICATION IS LISTED FOR ORDERS, THIS DAY AN ORDER IS MADE AS UNDER:
ORAL ORDER Smt.Bhargavi, counsel on behalf of Sri.Deepak, counsel for the applicant and Sri.K.S.Mahadevan, counsel for Official Liquidator appeared in person. 2. Counsel for the respective parties urged several contentions. Heard the arguments and perused the papers with care. 3. This application is C.A.No.15 of 2023 is filed to direct the Official Liquidator to execute the sale deed in respect of the property mentioned in the schedule. - 3 -
HC-KAR NC: 2025:KHC:50779 CA No. 15 of 2023 In COP No.166 of 2001
4. The applicants contend that the company in liquidation had executed an agreement for sale in their favour. However, the company did not execute the sale deed in their favour because the company was ordered to be wound up on 01.04.2004. It is also contented that several purchasers of the site / quarters had filed application before this court seeking a direction to the Official Liquidator for execution of the sale deed after collecting balance sale consideration and obtained orders of this court.
The applicants further contend that they are similarly situated persons, hence, they are seeking a direction to execute the sale deed. 5. I am unable to accept this contention. There is nothing on record to show that the company in liquidation had executed an agreement for sale in favour of the applicant. In the absence of any material documents to show that the company in liquidation had executed an agreement of sale in favour of the applicants, the prayer
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HC-KAR NC: 2025:KHC:50779 CA No. 15 of 2023 In COP No.166 of 2001
seeking a direction to execute the sale deed cannot be accorded. Hence, C.A.15/2023 is dismissed. SD/- (JYOTI M) JUDGE
SS List No.: 1 Sl No.: 1