MR. P NAGURU v. OFFICIAL LIQUIDATOR OF M/S. ANCO COMMUNICATIONS LTD. (IN LIQUIDATION)
CA/42/2026 · 2026-09-10
Jyoti M
body2026
DailyLaw.ai
[ 2026 DAILYLAW 39640 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 39640 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
- 1 -
HC-KAR
CNR: KAHC010163522026 NC: 2026:KHC:49311 CA No. 42 of 2026 In COP No.135 OF 2000
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 10TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MS. JUSTICE JYOTI M COMPANY APPLICATION NO. 42 OF 2026 IN COMPANY PETITION NO.135 OF 2000 BETWEEN:
1. MR. P.NAGURU, S/O. P.CHENGAL RAYALU, AGED ABOUT 55 YEARS, NO.D, NO.9-75, YERRAMREDDY PALYAM, CHETTIPALLI POST, RENIGUNTA MANDALAM, TIRUPATI, CHITTOR DISTRICT, A.P.
2. MR. A.RAVI SANKAR REDDY, S/O. LATE A.PATTABHI REDDY, AGED ABOUT 52 YEARS, NO.19-8-114A, SBI COLONY, R.C.ROAD, TIRUPATI CHITOOR DISTRICT, A.P-517501. …APPLICANTS (BY SRI. THOMAS VIJAY PETER, ADVOCATE)
AND:
1. OFFICIAL LIQUIDATOR OF M/S. ANCO COMMUNICATIONS LTD., (IN LIQUIDATION) ATTACHED TO HIGH COURT OF KARNATAKA, 12TH FLOOR, RAHEJA TOWERS, M.G.ROAD, BENGALURU - 560 001. 2. M/S. INDUSTRIAL DEVELOPMENT BANK OF INDIA IDBI TOWER CUFFEE PARADE,
Digitally signed by PREMCHANDRA M R Location: HIGH COURT OF KARNATAKA
- 2 -
HC-KAR
CNR: KAHC010163522026 NC: 2026:KHC:49311 CA No. 42 of 2026 In COP No.135 OF 2000
COLABA MUMBAI, REPRESENTED BY ITS DEPUTY GENERAL MANAGER
3. STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT GROUP BRANCH, RESIDENCY ROAD, BENGALURU - 560 001. REPRESENTED BY ITS DGM …RESPONDENTS
(BY SRI. JAGADEESHGOUD PATIL, ADVOCATE FOR R1)
THIS COMPANY APPLICATION IS FILED UNDER SECTION 446 READ WITH 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. Thomas Vijay Peter, counsel for the applicants, and Sri. Jagadeeshgoud Patil, counsel for the Official Liquidator, appeared in person. 2. The application is listed today regarding its maintainability. - 3 -
HC-KAR
CNR: KAHC010163522026 NC: 2026:KHC:49311 CA No. 42 of 2026 In COP No.135 OF 2000
3. Counsel appearing for the respective parties urged several contentions. The arguments were heard, and the papers were perused with care. 4. IDBI initiated proceedings to wind up ANCO Communications Limited through Company Petition No.135/2000. After settling the dues, the Court passed an order for winding up on 28.08.2002. However, this order was recalled by the Court on 26.07.2021, and on the same day, the petition was rejected. Currently, no Company Petition is pending before this Court. As a result, there is no need to file any application in Company Petition No.135/2000. The office's objection is valid and is upheld. 5. Resultantly, the Company Application No.42/2026 is dismissed.
SD/- (JYOTI M) JUDGE MRP List No.: 1 Sl No.: 5