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2026 DAILYLAW 29210 (KAR)

M/S KIRLOSKAR INSTITUTE OF ADVANCED MANAGEMENT STUDIES v. OFFICIAL LIQUIDATOR OF THE MYSORE

RP/329/2026 · 2026-07-17

D K Singh, Venkatesh Naik T

Special Leave Petitionbody2026

Judgment text

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- 1 - HC-KAR CNR: KAHC010406072026 NC: 2026:KHC:36878-DB RP No. 329 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 17TH DAY OF JULY, 2026 PRESENT THE HON'BLE MR. JUSTICE D K SINGH AND THE HON'BLE MR. JUSTICE VENKATESH NAIK T REVIEW PETITION NO.329 OF 2026 BETWEEN: M/S. KIRLOSKAR INSTITUTE OF ADVANCED MANAGEMENT STUDIES A SOCIETY REGISTERED UNDER THE KARNATAKA SOCIETIES REGISTRATION ACT HAVING ITS REGISTERED OFFICE AT YANTHRAPURA, HARIHAR-577 601 AND REPRESENTED BY REPRESENTATIVE MR. PRADIP KOPARDEKAR. …PETITIONER (BY SRI K.G. RAGHAVAN, SENIOR COUNSEL FOR SRI RAGHURAM CADAMBI, ADVOCATE) AND: OFFICIAL LIQUIDATOR OF THE MYSORE KIRLOSKAR LTD. (IN LIQUIDATION) ATTACHED TO HIGH COURT OF KARNATAKA CORPORATE BHAVAN, NO.26-27 12TH FLOOR, RAHEJA TOWERS M.G. ROAD BENGALURU-560 001. …RESPONDENT * * * THIS REVIEW PETITION HAS FILED UNDER ORDER XLVII RULE 1 READ WITH SECTION 114 AND SECTION 151 OF THE CIVIL PROCEDURE CODE, 1908, PRAYING TO REVIEW THE JUDGMENT Digitally signed by RAKSHA Location: High Court of Karnataka - 2 - HC-KAR CNR: KAHC010406072026 NC: 2026:KHC:36878-DB RP No. 329 of 2026 DATED 17-2-2026 PASSED IN OSA NO.19 OF 2015 IN LIGHT OF THE SUBMISSIONS MADE HEREIN ABOVE. THIS REVIEW PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE D K SINGH and HON'BLE MR. JUSTICE VENKATESH NAIK T ORAL ORDER (PER: HON'BLE MR. JUSTICE D K SINGH) The present review petition has been filed seeking review of the judgment and order dated 17.02.2026 passed by this court in Original Side Appeal No.19/2015. Against the said judgment and order passed by us, the review petitioner had approached the Supreme Court in Special Leave Petition(Civil) Nos.8153-8154/2026 and the Supreme Court vide order dated 26.02.2026 dismissed the Special Leave petition. 2. After the Supreme Court dismissed the Special Leave petition, the review petitioner/respondent has come before us in the present review petition. - 3 - HC-KAR CNR: KAHC010406072026 NC: 2026:KHC:36878-DB RP No. 329 of 2026 3. Heard Mr. K. G. Raghavan, learned Senior Counsel assisted by Sri. C. Raghuram Cadambi, appearing for the review petitioner. 4. The main contention of Sri. K.G. Raghavan, learned Senior Counsel is that the learned Single Judge has dismissed the application filed by the Appellant i.e., the Official liquidator on the ground of limitation and this Court ought not have to gone into the merits of the case, for which, he has placed reliance on two judgments of the Supreme Court in the case of Divya Exports v. Shalimar Video Company and Others reported in (2014) 16 SCC 194 and Dwarka Nath Prasad Atal v. Ram Rati Devi reported in (1980) 1 SCC 17. 5. We find no substance in the said submission, inasmuch as, the arguments were heard in detail, not only on limitation, but also on merit and even written submissions were filed. Having considered the submissions in detail as well as the written submissions, we have decided the issue comprehensively and we find no error apparent on the face of record, which requires review of the judgment and order, - 4 - HC-KAR CNR: KAHC010406072026 NC: 2026:KHC:36878-DB RP No. 329 of 2026 against which, the Special Leave petition has been dismissed. Thus, we dismiss the review petition. Sd/- (D K SINGH) JUDGE Sd/- (VENKATESH NAIK T) JUDGE MN List No.: 1 Sl No.: 1