- 1 - HC-KAR NC: 2025:KHC:45535-DB WA No. 1137 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF NOVEMBER, 2025 PRESENT THE HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE AND THE HON'BLE MR. JUSTICE C.M. POONACHA WRIT APPEAL NO. 1137 OF 2024 (GM-KSFC) BETWEEN: JAYALAKSHMI INDUSTRIES A COMPANY REGISTERED UNDER COMPANIES ACT, 1956, PLOT NO. 251-A7, BOMMASANDRA INDUSTRIAL AREA, HOSUR ROAD, 23RD K.M. STONE, ANEKAL TALUK, BANGALORE-562 158, BY ITS PROPRIETOR, MR. MALLIKARJUN G DESAI, SINCE DECEASED REPRESENTED BY LR 1(A) DR. SHIVALEELA DESAI AGED ABOUT 58 YEARS, RESIDING AT NO. 132, 6TH CROSS, OPP STATE BANK OF INDIA, RMV EXTENSION, SADASHIVANAGAR, BANGALORE-560 080, ALSO RESIDING AT NO. A 301, PURVA ATRIA PLATINA, ASHWATHNAGAR, RMV 2ND STAGE, BENGALURU-560 094. …APPELLANT (BY SRI. RUDRABHUSHAN C B, ADVOCATE) Digitally signed by NIRMALA DEVI Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:45535-DB WA No. 1137 of 2024 AND: 1. KARNATAKA STATE FINANCIAL CORPORATION HEAD OFFICE, RECOVERY SECTION KSFC, BHAVANA, THIMMAIAH ROAD, BANGALORE-560 002, BY ITS MANAGING DIRECTOR, SRI. DR. REJU. M. T. 2. KARNATAKA INDUSTRIAL AREA DEVELOPMENT BOARD NO.14/3, 2ND FLOOR, R.P. BUILDING, NRUPATHUNGA ROAD, BANGALORE-560 001, BY ITS SECRETARY, SRI. DR. MAHESH. M. 3. DESAI MEGA MOULDS PRIVATE LIMITED PLOT NO. 251-A5 TO 7, BOMMASANDRA INDUSTRIAL AREA, HOSUR ROAD, 23RD K M STONE, ANEKAL TALUK, BANGALORE-562 158, BY ITS MANAGING DIRECTOR, SRI. VIVEKANAND G DESAI …RESPONDENTS (BY SRI. HARISH K S, GA) THIS WRIT APPEAL IS FILED U/S 4 OF THE KARNATAKA HIGH COURT ACT PRAYING TO ALLOW THE WA AND SET ASIDE THE ORDER DATED 22.07.2022 PASSED BY THE LEARNED SINGLE JUDGE IN WP No-31892/2010 ALLOWING THE WP. - 3 - HC-KAR NC: 2025:KHC:45535-DB WA No. 1137 of 2024 THIS APPEAL, COMING ON FOR PRELIMINARY HEARING, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: CORAM: HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE and HON'BLE MR. JUSTICE C.M. POONACHA ORAL JUDGMENT (PER: HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE) 1. None appears for the appellant. It is also seen that there is 707 days delay in filing the present appeal. 2. The appeal is dismissed for default. Sd/- (VIBHU BAKHRU) CHIEF JUSTICE Sd/- (C.M. POONACHA) JUDGE nd List No.: 2 Sl No.: 14