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2026 DAILYLAW 42432 (KAR)

SRI VASANTHRAO v. M/S MAHARASHTRA APEX CORPORATION LTD

CA/510/2005 · 2026-09-17

Jyoti M

body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - HC-KAR CNR: KAHC010311752005 NC: 2026:KHC:51222 CA No. 510 of 2005 In COP No. 37 of 2003 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 17TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MS. JUSTICE JYOTI M COMPANY APPLICATION NO. 510 OF 2005 IN COMPANY PETITION NO. 37 OF 2003 BETWEEN: SRI. VASANTHRAO, S/O. SRI. NARAYAN RAO HULI, AGED ABOUT 72 YEARS, PENSIONER, OCC: RETIRED CHIEF ADMINISTRATIVE OFFICER, JUDICIAL DEPARTMENT, R/O LIG-7, JAWAHARNAGAR, RAICHUR. …APPLICANT (BY SRI. V.PADMANABHA KEDILAYA, ADVOCATE - ABSENT) AND: M/S. MAHARASHTRA APEX CORPORATION LTD., SYNDICATE HOUSE MANIPAL, UDUPI DISTRICT …RESPONDENT (BY SRI. G.KRISHNAMURTHY, SENIOR ADVOCATE A/W SMT. K.M.SAI APABHARAN, ADVOCATE FOR SRI. ASHOK G.V., ADVOCATE) THIS COMPANY APPLICATION IS FILED UNDER SECTION 151 OF CPC READ WITH RULE 9 OF COMPANY (COURT ) RULES 1959, AND AS PER DIRECTION NO.9 VIDE 9, PARA 63 OF ORDER DATED 08.10.2004. Digitally signed by PREMCHANDRA M R Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010311752005 NC: 2026:KHC:51222 CA No. 510 of 2005 In COP No. 37 of 2003 THIS COMPANY APPLICATION IS LISTED FOR ORDERS, THIS DAY AN ORDER IS MADE AS UNDER: ORAL ORDER Though matter called twice, there is no representation on behalf of the applicant. Sri.G.Krishnamurthy., Senior counsel on behalf of Sri.Ashok.G., for the respondent appeared in person and submits that a memo has been filed stating that the entire principal amount and accrued interest payable under the Scheme of Compromise have already been fully paid or deposited before this Court. The debenture/ bond holders have received the amount due to them. Therefore, he submits that the memo may be placed on record and the application may be disposed of as does not survive for consideration. The memo is placed on record. In view of the memo, the application is disposed of as does not survive for consideration. Sd/- (JYOTI M) JUDGE MRP/List No.:1 Sl No.:17