M/S. PRIMUS RETAIL PRIVATE LIMITED v. M/S. PERSONALITY LIMITED
RP/291/2025 · 2026-06-05
Suraj Govindaraj
Review Petitionbody2026
DailyLaw.ai
[ 2026 DAILYLAW 19797 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 19797 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:26952 RP No. 291 of 2025
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 5TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ REVIEW PETITION NO. 291 OF 2025 BETWEEN:
M/S. PRIMUS RETAIL PRIVATE LIMITED NO.7, 1ST CROSS, 3RD MAIN, ASHWINI LAYOUT, EJIPURA, BANGALORE-560047.
(CURRENTLY UNDER LIQUIDATION, OFFICIAL LIQUIDATOR ATTACHED TO HON’BLE HIGH COURT OF KARNATAKA, IS APPOINTED AS THE LIQUIDATOR AND PRESENT ADDRESS IS AT ‘CORPORATE BHAVAN’, NOS. 26-27, 12TH FLOOR, RAHEJA TOWERS, M.G. ROAD, BENGALURU - 560 001.
…PETITIONER (BY SRI. P.B. CHENGAPPA., ADVOCATE FOR SMT. KRUTIKA RAGHAVAN., ADVOCATE)
AND:
1.
M/S. PERSONALITY LIMITED NO.7, 1ST CROSS, 3RD MAIN, ASHWINI LAYOUT, EJIPURA, BANGALORE - 560 047.
2.
M/S. PRIMUS BRANDS PRIVATE LIMITED, NO.7, 1ST CROSS, 3RD MAIN, ASHWINI LAYOUT, EJIPURA, BANGALORE 560 047.
…RESPONDENTS
Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:26952 RP No. 291 of 2025
THIS REVIEW PETITION IS FILED UNDER SECTION 114 RED WITH ORDER XLVII RULE 1 OF THE CODE OF CIVIL PROCEDURE, 1908 FILED BY THE OFFICIAL LIQUIDATOR PRAYING TO REVIEW THE IMPUGNED ORDER DATED 28.03.2024 PASSED BY THIS HON’BLE COURT IN CO.P NO. 58/2008 AND ETC.
THIS REVIEW PETITION, COMING ON FOR ORDERS, THIS DAY,
ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ
ORAL ORDER
1. The Petitioner is before this court seeking for the following reliefs: a) Review the Impugned order dated 28.03.2024 passed by this Hon'ble Court in Co. P. No. 58/2008. b) Direct Transferor Company No.1 (M/s. Primus Brands Pvt. Ltd.) and Transferor Company No.2 (M/s. Personality Ltd.) to deposit the requisite valuation fees in compliance with the order dated 28.03.2024 passed in CoP No. 58/2008; c) Direct the competent authority to lodge its claim before the Applicant if the prayer under clause (b) is not accepted; d) Pass appropriate directions for restoration of the Scheme of Amalgamation sanctioned vide order dated 09.01.2009, subject to compliance with the above direction, thereby vesting the properties of the Transferor Companies in the Transferee Company, i.e., M/s. Primus Retail Pvt. Ltd. (in liqn);
2.
Learned counsel for the petitioner has filed a memo dated 5.06.2026 which reads as under:
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HC-KAR NC: 2026:KHC:26952 RP No. 291 of 2025
Memo
The undersigned most respectfully submits as hereunder:-
1. That the instant RP was filed as the Official Liquidator of the company in liquidation was unable to execute the sale deed in respect of eh trademarks in favour of the Respondent in CA No. 12 of 2026, who is the auction purchaser.
2. That due to the pending litigation, the Respondent in CA No. 12 of 2026, expressed their intention for a refund of the entire bid amount, with interest. Accordingly, CA No.12 of 2026 was filed.
3. If the CA No.12 of 2026 is allowed, the instant Review Petition (RP No.291 of 2025) may be treated as not pressed and dismissed accordingly, along with any pending I.A’s i.e., if refund of entire bid amount is accepted without interest.
Wherefore, it is most humbly prayed that this Hon’ble Court may be pleased to pass necessary order taking the instant memo on record, as this Hon’ble Court may deem fit in the interest of justice and equity.
3. Accepting the said memo and submission of learned counsel for the petitioner, the Review Petition stands dismissed as not pressed.
Sd/- (SURAJ GOVINDARAJ) JUDGE
LN, List No.: 2 Sl No.: 3