IN THE HIGH COURT OR KARNATAKA AT BAN_GA I.§,?RE
DATED THIS THE 27th DAY OF OCTOBIIIT-i,'%'2()'jI{JC;--i .
BEFORE
THE HO1\E"BLE MR. JUSTICE HR: E\fAIC§'fiI1t{({fiHAiV"
C.A.No.8S-Tl/2010'.CO.I?;A1O6,f2.0O:I
BETWEEN: " --
V.K.POWERCOATED F'[F{N~ETUR.E INDUSTRY
A PROPRIETARY CONCERN I~IIAv:1\;€r;;:.IT"S-- ffj " - _
OFFICE AT BYEPASS ROAD, GOLITARUD-I. ' v _
VIJAYAWADA RURA_L. RiI'15RES§;NTRD-- BY ITS
PROPRIETOR SR V;:IORN'1RERNARD ' ~~ ,,A_RI>L1CANT
(By SR.:SRRRVATS.A.C_SR,COI3I~§:SEL, FOR
M/S"'SAREEVATSAV"ASSOCSEJATES )
AND:
- THE 'OFRICIAL LIC)j;IIl).A'1'OR
fOIi1vrYS'O'RE KIRLOSKAR LIMITED
_ (COI»IPAm'.,II~ILIr;I}TDATION)
" IIONBLE. HIGI1,;'C'OURT OF KARNATAKA
4R' FLOOR, DT_9:.:' F WING, KENDRIYA SADAN,
V -V BANGALORE ~ 560 034. RESPONDENT
V’ ” g .. (‘Ry Sgi ICSMAHADEVAN, ADV.,)
% THIS APPLICATION IS FILED UNDER SECTION 446 (1)
Si. (2) OF THE COMPANIES ACT, 1956 R/W RULE 9 WW RULE
11(b) OF THE COMPANIES COURT RULES, 1959, PRAYING
I–._
‘.-‘
d’.””-J
9.
TO ALLOW THE APPLICATION BY DIRECTINVGi»._4iii’FHE
RESPONDENT TO DISBURSE THE SUM OF Eps,s’i,oo«,’oQoxi«n
BEING 80% OF 78,75,094/~ BEING THE SECURED DE–BT._yC’Fp’
THE UNITED INDIA INSURANCE COMPANY L_IMI’1″–EI) END
This application coming on foriiiorders this.’d,ay,».the
made the following; V
_.0RpfRh;
The applicant in assignee of the debt
due to the liquidation. The
applicant creditors is before this
court “Liquidator to consider its
claim and extent of assignment. Learned
counseli for the Official Liquidator submits that they have invited
claims ini’respect__of the company in liquidation and they have
receiyed It is further submitted that 8.11.2010 is fixed
the” for the adjudication of the claims including the
_ i ‘app.lic’ant herein. In the circumstances, the Official Liquidator is
“directed to consider this application as claim petition by the
I-…..
it
applicant/assignee and to adjudicate the same in accorda11Vceu’v.{ith
law. Accordingly, the application is hereby dispose_d*.:. .” ‘