{"id":11330,"date":"2010-08-31T00:00:00","date_gmt":"2010-08-30T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/ms-verve-investment-and-finance-vs-ms-hytaisum-magnetics-ltd-on-31-august-2010"},"modified":"2019-03-23T14:06:59","modified_gmt":"2019-03-23T08:36:59","slug":"ms-verve-investment-and-finance-vs-ms-hytaisum-magnetics-ltd-on-31-august-2010","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/ms-verve-investment-and-finance-vs-ms-hytaisum-magnetics-ltd-on-31-august-2010","title":{"rendered":"M\/S Verve Investment And Finance … vs M\/S Hytaisum Magnetics Ltd on 31 August, 2010"},"content":{"rendered":"
Karnataka High Court<\/div>\n
M\/S Verve Investment And Finance … vs M\/S Hytaisum Magnetics Ltd on 31 August, 2010<\/div>\n
Author: Subhash B.Adi<\/div>\n
- 1-\nIN THE I-HG]-I COURT OF KARNATAKA AT BANGALORE\n\nDATED THIS THE 313* DAY OF AUGUST. 2010\n\nBEFORE\n\nTHE HONBLE MRJUSTICE SUBHASH B Ai73~I.'f \nCRIMINAL REVISION PETITION No. 232\/'fi:__()o5r.,: '- \n\nBETWEEN:\n\nM\/ S. Verve Investment & Finance T.\nPrivate Limited, \" _V\nA Private Limited Company incorporated\n\nUnder the Companies Act 1956   \n\nHaving their registered of\ufb01e'e~.at No.10; T,'La1it?'._\n\nWode House Road   I 5 v   \n\nMumbai ---- 400 039 ._ \n\nBy its Director    _   A     '\n\nSrnt. Padma. _    V    '  ....PI33'I'ITIONER\n\n[By   Partners, Advs.)\n\n1.<\/pre>\n
 M \/ s_Hytaisnn1 vMagr1*etics Ltd.,
\nA.]?ub1ic Limited Con-ipariy
\n incorporizated uricie1*’the Companies
\n, ‘Act, 195(54,Ii..aving its registered
\nA _  Of\ufb01cewat M’a:_r1iti House
\n” ._ ‘Opp:V’;Aii~v.India;’Ashram Road
\n‘.Ahmeda'{Jad.3- 380 009.
\nReprefsented by its Managing Director
\nMr. Bharat Bhai A.Patel<\/p>\n
 ”   Bharat Bhai A. Patel<\/p>\n
A’ Father’s name not known<\/p>\n
 To the Petitioner<\/p>\n
 Age: Major
\nOccupation: Managing Director
\nM \/ s Hytaisun Magnetics Ltd.,
\nResiding at 14\/A. Hindu Colony
\nStadium Road, Ahrnedabad.\n<\/p>\n
-2_<\/p>\n
Mrs. Mrudulaben B. Patel<\/p>\n
W\/o Bharat Bhai A.Pate1<\/p>\n
Age: Major Occupation: Director
\nM\/ s I-Iytaisurn Magnetics Ltd.,
\nResiding at 14\/A, Hindu Colony
\nStadium Road<\/p>\n
Ahmedabad<\/p>\n
Mr. Snehal B.Pate1<\/p>\n
S \/ 0. Mr. Bharat Bhai A Patel
\nOccupation: Director<\/p>\n
M \/ s I-Iytaisun Magnetics Ltd.,
\nResiding at 14\/A, I-Iindu Coiony
\nStadium Road
\nAhmedabaci.\n<\/p>\n
Mr. Dhararn Vir Kaplli\ufb02 g
\nFather’s Name not kri-own L<\/p>\n
To the Petitioner   ;\n<\/p>\n
Age: major Occupation:..Director.,
\nM\/ s I’IytaiSt.1n1″I\\I\u00a7{;lgI1i3’tiCS }L’,.td..,’ <\/p>\n
Residing at 3.4015; ~Ard.h–an::aV1 Apartme : its–V”:\n<\/p>\n
Sector 13,”R”.K.1’i?urarn._–..___  V
\nNew Delhi’;- <J_,1;o 066.   i_  *<\/p>\n
Mr. Jayant oshi    n g 2
\nFathers nat1ne"notik;1,oWn '<\/p>\n
To the petitioner-__ V '  7<\/p>\n
Age: Major, Occupation: Director
\n_?_VI}!.s :IiiytaisuIn"I:\/Iagne-tics Ltd.,<\/p>\n
 _Residing a~t{}, Surashree
\n' , '1 Road Pune — 411 016.\n<\/p>\n
‘ ‘ A ‘I.\\\/Ir.\n<\/p>\n
Fathers narne not known
\nTo t.he.gpetitioner
\nAge: Major, Occupation: Directior<\/p>\n
2, it s Hytaisun Magnetics Ltd..
\n < Residing at 174–b, Twin Towers
\n Prabhadevi, Mumbai ~ 400023.\n<\/p>\n
-4-<\/span><\/p>\n
Court noticing that the complainant as well as his advocate
\nremained absent. even at 3&5 p.m. found that. the complainant
\nis not interested in prosecuting the matter. Accordingly, it
\ndismissed the same. Thereafter, this petition has been  on
\n23.8.2004 i.e. nearly after lapse of 1033 days. The <\/p>\n
in support of the application for condonation of”  K V’ <\/p>\n
under:\n<\/p>\n
“Para 5: That the accountant  0′
\nhereinabove was aged ?8 .yea1’s_V <\/p>\n
keeping indyferent health. He his<\/p>\n
wife in Vasantha   <\/p>\n
and wife died on the nigh_t’oj” so-. :~.2goa  _
\nPara 6: _A1′-That the _\ufb01heV’.s(.1ticrl” accountant<\/p>\n
was “not  “either-Hie  ‘to\ufb02hthe Company. Since
\nboth\ufb02the  “died on the same day,
\nthere   could communicate the<\/p>\n
new.,S of dea’th.A”~. 00 .0
\n i__fl5ar_a 7:” attending the matter as and
\nA   called. upon, I did not have full particulars of the
\n   .%Voendr’.ngV0.:before the Court below. Only recently I
\n0  to  about the particulars of the case and on
\nV enqzutriesl, 01 was informed that the case was dismissed
\n A. by the impugned order. When I contacted my counsel I
\n *  informed that he was not keeping well on
\n 27.7.2001 and so he could not attend the case and
\n0 that he already communicated the dismissal of the<\/p>\n
case to the aforesaid accountant by a letter.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court M\/S Verve Investment And Finance … vs M\/S Hytaisum Magnetics Ltd on 31 August, 2010 Author: Subhash B.Adi – 1- IN THE I-HG]-I COURT OF KARNATAKA AT BANGALORE DATED THIS THE 313* DAY OF AUGUST. 2010 BEFORE THE HONBLE MRJUSTICE SUBHASH B Ai73~I.’f CRIMINAL REVISION PETITION No. 232\/’fi:__()o5r.,: ‘- BETWEEN: M\/ S. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,20],"tags":[],"class_list":["post-11330","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nM\/S Verve Investment And Finance ... vs M\/S Hytaisum Magnetics Ltd on 31 August, 2010 - Free Judgements of Supreme Court & High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/ms-verve-investment-and-finance-vs-ms-hytaisum-magnetics-ltd-on-31-august-2010\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"M\/S Verve Investment And Finance ... vs M\/S Hytaisum Magnetics Ltd on 31 August, 2010 - 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