M/S. BUOYANT TECHNOLOGY v. M/S. L.I.C. HOUSING FINANCE LIMITED
COMAP/168/2024 · 2025-11-17
Anu Sivaraman, Vijaykumar A Patil
Original Suitbody2025
DailyLaw.ai
[ 2025 DAILYLAW 86324 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 86324 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2025:KHC:47190-DB COMAP No. 168 of 2024
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 17TH DAY OF NOVEMBER, 2025 PRESENT THE HON'BLE MRS. JUSTICE ANU SIVARAMAN AND THE HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL COMMERCIAL APPEAL NO.168 OF 2024
BETWEEN:
M/S. BUOYANT TECHNOLOGY CONSTELLATIONS PVT. LTD.
HAVING ITS REGISTERED OFFICE AT MANTRI HOUSE, NO.41, VITTAL MALLYA ROAD, BENGALURU - 560001.
REP. BY ITS MANAGING DIRECTOR HARIKISHNA T. REDDY
…APPELLANT (BY SRI. ANISH ACHARYA, ADVOCATE -(ABSENT);
SRI. ABHISHEK SRIRAM, ADV. FOR RESOLUTION PROFESSIONAL)
AND:
M/S. L.I.C. HOUSING FINANCE LIMITED HAVING ITS REGISTERED OFFICE AT
Digitally signed by CHANNEGOWDA PREMA Location: High Court of Karnataka
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HC-KAR NC: 2025:KHC:47190-DB COMAP No. 168 of 2024
2ND FLOOR, 45/47 VEER NARIMAN ROAD, MUMBAI - 400 001.
REP. BY ITS MANAGING DIRECTOR
…RESPONDENT (BY SMT. ANIKA PAUL, ADV. FOR C/R)
THIS COMAP IS FILED UNDER ARTICLE 227 OF THE CONSTITUTION OF INDIA, 1950, PRAYING TO A) ISSUE A WRIT OF CERTIORARI TO QUASH THE ORDER DATED 10.01.2024 PASSED BY THE LEARNED LXXXIX ADDITIONAL CITY CIVIL AND SESSIONS JUDGE IN COM.O.S. NO.1438/2022 IN SO FAR AS IT PERTAINS TO THE I.A. NO.2 AT ANNEXURE-'A' AND ETC.
THIS APPEAL, COMING ON FOR ORDERS, THIS DAY,
JUDGMENT WAS DELIVERED THEREIN AS UNDER:
CORAM: HON'BLE MRS. JUSTICE ANU SIVARAMAN and HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL
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HC-KAR NC: 2025:KHC:47190-DB COMAP No. 168 of 2024
ORAL JUDGMENT
(PER: HON'BLE MR. JUSTICE VIJAYKUMAR A. PATIL)
There is no representation for the learned counsel for the appellant.
2. Sri. Abhishek Shriram,
learned counsel for Resolution Professional submits that Resolution Professional has been appointed by the National Company Law Tribunal(for short "NCLT"), Bengaluru Bench on 23.08.2024 with regard to the appellant company and he submits that this appeal cannot be proceeded in view of the order of the NCLT.
3. Heard.
4. Perused the memo. Memo reads as under: The undersigned counsel for the Petitioner/Resolution Professional humbly craves the leave of this Hon'ble Court to place on record a copy of the Admission order passed by the National Company Law Tribunal, Bengaluru Bench on 23.08.2024. This Hon'ble Court be pleased to take the instant memo along with the aforesaid Order on record, in the interest of Justice and Equity.
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HC-KAR NC: 2025:KHC:47190-DB COMAP No. 168 of 2024
5. The memo is accompanied with the order of the NCLT. In view of the said memo and order, this appeal is dismissed.
6.
Learned counsel for the Resolution Professional is permitted to file vakalath within two weeks.
Sd/- (ANU SIVARAMAN) JUDGE
Sd/- (VIJAYKUMAR A. PATIL) JUDGE
RAK List No.: 1 Sl No.: 46