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2026 DAILYLAW 20371 (KAR)

OMKARA ASSETS RECONSTRUCTION PRIVATE LIMITED v. THE OFFICIAL LIQUIDATOR OF M/S TAURUS NOVELTIES LIMITED (IN LIQUIDATION)

CA/65/2026 · 2026-06-11

Jyoti M

Civil Appealbody2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR NC: 2026:KHC:28241 CA No. 65 of 2026 In CA No.46 of 2026 In COP No.187 of 2011 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 11TH DAY OF JUNE, 2026 BEFORE THE HON'BLE MS. JUSTICE JYOTI M COMPANY APPLICATION NO.65 OF 2026 IN COMPANY APPLICATION NO.46 OF 2026 IN COMPANY PETITION NO.187 OF 2011 BETWEEN: OMKARA ASSETS RECONSTRUCTION PRIVATE LIMITED (A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956 REGISTERED AS A SECURITIZATION AND ASSETS RECONSTRUCTION COMPANY, PURSUANT TO SECTION 3 OF SARFAESI ACT, HAVING REGD OFFICE AT NO.09, M.P.NAGAR, FIRST STREET, KONDU NAGAR EXTENSION, TIRUPUR-641607. REPRESENTED BY KANHAIYA PRABHAKAR ASSISTANT VICE PRESIDENT, OARPL …APPLICANT (BY SRI. D.R.RAVISHANKAR, SENIOR ADVOCATE FOR SRI. SHETTY VIGNESH SHIVARAM, ADVOCATE) AND: THE OFFICIAL LIQUIDATOR OF M/S. TAURUS NOVELTIES LIMITED Digitally signed by GEETHA P G Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:28241 CA No. 65 of 2026 In CA No.46 of 2026 In COP No.187 of 2011 (IN LIQUIDATION), ATTACHED TO THE HIGH COURT OF KARNATAKA CORPORATE BHAVAN, NO.26-27, 12TH FLOOR, RAHEJA TOWERS, M.G.ROAD, BENGALURU-560 001. …RESPONDENT (BY SMT. KRUTIKA RAGHAVAN, ADVOCATE FOR OL) THIS COMPANY APPLICATION IS FILED UNDER SECTION 151 OF THE CODE OF CIVIL PROCEDURE, 1908 READ WITH RULE 6 AND 9 OF THE COMPANY COURT RULES, 1959. THIS COMPANY APPLICATION IS LISTED FOR ORDERS, THIS DAY AN ORDER IS MADE AS UNDER: ORAL ORDER Sri.D.R.Ravishankar., Senior counsel on behalf of Sri.Shetty Vignesh Shivaram., for the applicant and Smt.Krutika Raghavan., counsel for the Official Liquidator have appeared in person. 2. The application in C.A.No.65/2026 is filed seeking following reliefs: "The applicant humbly pray that this Hon'ble Court may be pleased to dispense with production of legible copy of Annexure-B in the interest of justice and equity". - 3 - HC-KAR NC: 2026:KHC:28241 CA No. 65 of 2026 In CA No.46 of 2026 In COP No.187 of 2011 3. Counsel for the Official Liquidator submits that she has no objections for allowing the application. Submission is noted. Perused the application and also the affidavit. 4. Being satisfied with the cause shown in the affidavit filed in support of application, the company application No.65/2026 is allowed. Sd/- (JYOTI M) JUDGE MRP List No.:2 Sl No.:15