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2026 DAILYLAW 39287 (KAR)

KARNATAKA STATE FINANCIAL CORPORATION v. M/S. GRIPWELL INDUSTRIES LTD.,

CRP/977/2025 · 2026-09-08

Lalitha Kanneganti

body2026

Judgment text

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- 1 - HC-KAR CNR: KAHC010842872025 NC: 2026:KHC:48883 CRP No. 977 of 2025 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 8TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE SMT. JUSTICE LALITHA KANNEGANTI CIVIL REVISION PETITION NO. 977 OF 2025 (EX) BETWEEN: KARNATAKA STATE FINANCIAL CORPORATION NO.1/1, THIMMAIAH ROAD, BENGALURU - 560 052. BY ASST. GENERAL MANAGER (AR). …PETITIONER (BY SRI. P.S. MALIPATIL, ADVOCATE) AND: 1. M/S. GRIPWELL INDUSTRIES LTD., A PUBLIC LTD.CO., INCORPORATED UNDER COMPANIES ACT, 1956 C/O. BABUBHAI, VALLABHA BHAI PATEL, NO.601, 0IYMPU APARTMENTS, ALTAMOUNT ROAD, MUMBAI - 400 026, BY IT'S MANAGING DIRECTOR. 2. SUMANTH REDDY, S/O. RAGHURAM REDDY, AGED MAJOR, R/O NO.97, HMT LAYOUT, VISHWESHWARAIAH ROAD, RT NAGAR PO, BENGALURU - 560 032. 3. DEVENDRAIAH, S/O. K.N. BRAHMASURAIAH, AGED MAJOR, R/O NO.284, 7TH CROSS, Digitally signed by SUVARNA T Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010842872025 NC: 2026:KHC:48883 CRP No. 977 of 2025 1ST BLOCK, JAYANAGAR, BENGALURU - 560 011. …RESPONDENTS THIS CRP IS FILED UNDER SECTION 115 OF CPC, AGAINST THE ORDER DATED 03.11.2025 PASSED ON I.A NO.III IN EX.NO.1530/2008 ON THE FILE OF THE XLII ADDITIONAL CITY CIVIL AND SESSIONS JUDGE, BENGALURU, ALLOWING THE I.A.NO.III FILED UNDER SECTION 47 R/W/S 151 OF CPC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE SMT. JUSTICE LALITHA KANNEGANTI ORAL ORDER The office has raised objection with regard to maintainability is upheld. 2. Learned counsel for the petitioner submits that he may be permitted to convert this Civil Revision Petition. 3. Accordingly, the civil revision petition is disposed of. 4. The petitioner is at liberty to file an appropriate petition within two weeks from the date of receipt of copy of this order. 5. The Registry shall return all documents. - 3 - HC-KAR CNR: KAHC010842872025 NC: 2026:KHC:48883 CRP No. 977 of 2025 6. All pending I.As. in this petition shall stand closed. SD/- (LALITHA KANNEGANTI) JUDGE SKS List No.: 1 Sl No.: 15