M/S SARAVANA ALLOYS STEELS PVT.LTD. v. M/S MAGNIFICO MINERALS PRIVATE LIMITED
CA/31/2024 · 2026-01-09
Suraj Govindaraj
Civil Appealbody2026
DailyLaw.ai
[ 2026 DAILYLAW 46911 (KAR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 46911 (KAR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
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HC-KAR NC: 2026:KHC:4250 CA No. 31 of 2024 IN COP No. 42 of 2016
IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 9TH DAY OF JANUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ COMPANY APPLICATION NO. 31 OF 2024 IN COMPANY PETITION NO. 42 OF 2016 BETWEEN:
M/S SARAVANA ALLOYS STEELS PVT.LTD.
21/D, INDUSTRIAL SUBURB, II STAGE, YESHWANTHPURA, TUMKUR ROAD, BANGALORE - 560 022, REPRESENTED BY ITS DIRECTOR
…APPLICANT (BY SRI. SHIVARUDRAPPA SHETTAR.,ADVOCATE)
AND:
M/S MAGNIFICO MINERALS PRIVATE LIMITED, HAVING ITS REGISTERED OFFICE AT 75, KHIRKI VILLAGE, MALVIYA NAGAR, NEW DELHI, REPRESENTED BY ITS CHIEF GENERAL MANAGER, FINANCE, SRI RADHEY SHYAM AGGARWAL, S/O KALYAN CHAND AGGARWAL.
…RESPONDENT (BY SRI. SURAJ S., ADVOCATE)
Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA
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HC-KAR NC: 2026:KHC:4250 CA No. 31 of 2024 IN COP No. 42 of 2016
THIS COMPANY APPLICATION IS FILED UNDER SECTION 434(1)(C) OF THE COMPANIES ACT, 2013, SEEKING TRANSFER OF THE ABOVE PETITION TO THE HON’BLE NATIONAL COMPANY LAW TRIBUNAL, BENGALURU BENCH AND ETC.
THIS COMPANY APPLICATION, COMING ON FOR ADMISSION, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
ORAL ORDER
1. C.A.No.31/2024 has been filed seeking for the following relief;
“To transfer the pending proceedings in the above matter to the Hon’ble National Company Law Tribunal, Bengaluru Bench, for further adjudication, in the interest of justice and equity.”
2. In view of disposal of COP.No.42/2016, C.A.No.31/2024 stands disposed.
SD/- (SURAJ GOVINDARAJ) JUDGE
KTY