{"id":14168,"date":"2009-08-06T00:00:00","date_gmt":"2009-08-05T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/ms-star-spin-and-twist-vs-sri-suresh-manharlal-mehta-on-6-august-2009"},"modified":"2014-10-09T02:19:18","modified_gmt":"2014-10-08T20:49:18","slug":"ms-star-spin-and-twist-vs-sri-suresh-manharlal-mehta-on-6-august-2009","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/ms-star-spin-and-twist-vs-sri-suresh-manharlal-mehta-on-6-august-2009","title":{"rendered":"M\/S Star Spin And Twist … vs Sri Suresh Manharlal Mehta … on 6 August, 2009"},"content":{"rendered":"
Karnataka High Court<\/div>\n
M\/S Star Spin And Twist … vs Sri Suresh Manharlal Mehta … on 6 August, 2009<\/div>\n
Author: Anand Byrareddy<\/div>\n<\/p>\n
<\/pre>\n
IN THE HIGH Cr:>I;3RT OF KARNATAE{A AT BANQALGRE<\/p>\n
DATED THIS THE 6″ DAY 0:\u00bb? AUGU$\u00a7T”2A(\u00a7{i\u00a7fJ: f  <\/p>\n
BEFORE:<\/p>\n
THE HOWBLE MR, msT:c\u00a3iA;mgs;%\u00a7Ia%’B%\u00a3mR\u00a7:k:>\u00a7*:*7<\/p>\n
CC}M1F’ANY APPL’I_\u00a7g\u00a7.’fI(\u00a7}~\u00e9._ N;),96s,!2a\u00a2a
\nC()MPANY .\u00a2;PPLIC;\u00e9Qf’I\u00a33N N0,_14=\u00a74.s”2G\u20ac)\ufb01
\nC()MPAI~I’f AP_P’LICATI\u20ac__}I\\E_ N\u00a7.2.80\u20ac\u00a7;’3{}{}? Aim
\nCOMPANY’__APPLiC4\u00a7{f*E\u00a3}3?~I$42.301.5209?
\nCQMPANY EB? :T1(}N = 14;\u00bb.  1. 998<\/p>\n
COMPAE\u20acv’z*:\u00a7;\u00a7\u00a7\u00a7;E{j;Aj;:{}1\u00a7E \u00e9~:;;.9::;3\u00e9{s2\u00a70\ufb01
\nBETWEEEF        %<\/p>\n
Etsifs. \ufb01iai” ‘f\u00a7?pi1:  Tai\ufb01zisi vfiiia\u00e9hinarizs Lid”
\n{En iiqgfz} rept*e$e;z{a\u00a3\u00a3 h’j\u00e9*.1;h\u00e9 Cif\ufb01aiai
\nLiqa\u00a7.\u00a7daiuI’, aitai-g\ufb01azd Em High Cuuri inf<\/p>\n
% % . Kamataizza, :3? FI0:*;”\u00a3}& F Wing,
\n2 \u00bb I\u00a7it:\u00a7:\u00a7ix*\u00a7.;;a\u00ab.f$a;iQn,_
\nA  KQran1.:mgaia,”T- , <\/p>\n
;3a::g’aIm*::— ” V ,_, APFLECAEJT<\/p>\n
(“B_\\;.\u00bb44”.’.3a’\u00a71zv$.,.T_):\u00a3*,4′.;.*\u00a7.<:1i< am} Sri.V.Js::yz:ra1n, Aeivuisaiss}<\/p>\n
"  1 .Sa:t:s\u00a5: Mzmharlai Mable: {\ufb01hairmaiz}<\/p>\n
% Eaita \ufb01asad, Flat 190.12, I \ufb02oor,
\nGmnacilal Cress Lane?\n<\/p>\n
\ufb01ppssite Navarsji Gamadlai Ra\u00e9ad,
\nSamba}:-\u00ab26.\n<\/p>\n
2:: Sri;S\u00a7Dcxrara}g<\/p>\n
\u00a7<\/p>\n
– 2
\n\u00a390, B.R:\u00bb,u;c Coarse Read,
\nCoimbatore,<\/p>\n
Tamil Nadu.\n<\/p>\n
3. Sri.R0hit Manharial Mehta,<\/p>\n
Panoranua 7% F $001;\n<\/p>\n
Vv\ufb01iisieshwai’,
\nBsmbay~4(}C’ G06.\n<\/p>\n
4. Sri.Yuii S8133: (Executive Dirccfbrj   <\/p>\n
6,-“C, Suresh Colony,
\nS.V-Ruad,<\/p>\n
Vile Park: (West),
\nBombay-400 O56.\n<\/p>\n
S:’i.Tapenu Siiraigsh i’~}\u00a5-::\u00a71i;i’v{.E}i1fe”(:{0t’T\u00a7;
\n1vifs;S%::1r-.S}:>in Twist—Mach’i\u00a7e\ufb01cs Limited,
\nDh;~,mra_\u00a7 E\\rfaha_L.__  %    — I
\nCha\ufb01\u00e9gapafti ‘Shi’vg;’i4 JMa\u00a7ara\u00a7k%Marg,<\/p>\n
Bum\u00a73a}\u20ac-4{}{3 339:” ..  \u00e9  RESPQNDENTS<\/p>\n
gm<\/p>\n
(B};._{ ‘ 1’x!I;a*7s:.Cari\u00e9:;p.V;;$\u00e9:r.V’ agxd C<.1mpar2y for R1, R3 \u00a30 RS?<\/p>\n
 V'  ., M;'-s.M.T?JV,Nehru anii\ufb02ssociates far R2,
\nV_ . M:.G.Rv.?x\u00bb'\u00a7;3_h_3'2z. fur R3 and
\n  \u00a7;i\u00a7.U'da\u00a7\u00ab\u00bb..Sha\ufb01ka:? am} Associates fer R23. \ufb01\ufb01\u00e9mcates}<\/p>\n
$$$2Q!?3t<\/p>\n
 ,.T1hi..s.v(;Jumpany Appliua\ufb01un is \ufb01icd under Scciisan 2354(5)<\/p>\n
A {EA} 0:3-f\u00e9ze Cemgsazzies Act, 1956 read with R333 132 cf the
\n  Qumpaaiss (C\u00e9aur\ufb01f) 12:13:25, 1959, praying E0 \ufb02ake: wgng\u00e9sance uf 133%:
\n_  '~rf;i:'i%:;::ce cenzmitie\u00e9 by the accused herein net wxnplying with the<\/p>\n
r:}:qu\u00a7remen\u00a3s :3? pmvisions of Sc{;.\u00ab454 Bf ihz: Campanics Acg<\/p>\n
 '"\u00a3\u00a756 and '59 my them fur the Said o\ufb01sncc in accardmcc wslzh the<\/p>\n
p\ufb01xzedurc {aid (fawn in the zzotit: wfcriminai prmze\u00e9ems and punish
\nthem acccrdizxgiy,<\/p>\n
5<\/span><\/p>\n
COMPANY APPLICATEON No. 1454 01:’ 2% I A aljj  _  %  <\/p>\n
BETWEEN :\n<\/p>\n
1 Mr Smash Manhsrial IE\/fzrzfiia?<\/p>\n
\n\nSon of late Manherlal Mehta,\"A\u00bb\n\nAged Abuui 75 Ygears, V. \u00ab' '\n\nResiding as Dana _ V \u00bb  \n\nFiat N0. 'E 2, Gatnadia    _\n\nOff: Navmjcc:    \n\n<\/pre>\n
Mumbai +409 022:5. J   %  ;.. APPLICANT<\/p>\n
(By 53. %cz.rs:;;:pa%;5; :6f.’L1:\u00a5f::\u00bb\u00a7\u00a7:*a.r2_3r,\u00ab\u00a7.\u20ac’-\u00a5L\u00a3\u00a7*irV:#3ealt:s}<\/p>\n
I ..  MES Star S}L’\u00a7I1___\u00a7\u00a7J}d Twisi Machine\ufb01as
\n A ” ‘ i;i1:1ifed'{In Liquidation),
\nV’ ”  G\u00ab\ufb023’cial Liquidaiur,
\n ‘H.i\u00b0g\u00a5”; “C:\u00a7i2rt cf Kamalaivza,
\nQ  415 I*-Eu?” I} & F Wing,
\n Kandr\u00e9ya Sadan,
\n.Kmf’a2nangala,
\nBaz\u00e9gaiore _ 560034,  RESPCINDENT<\/p>\n
   f:\u00a7h\ufb01.Deepak and S}1ri.V.1a_;garam, Adwcaicsj<\/p>\n
~ ‘ Applicaiiun \ufb02ied under Rah: 9 ef the Ccxmpanissaz (Cami)
\n* 3.3368 1959, Rfw. Section of 4\u00a74(3) sf {he Companies Act, 1956,
\npraying that ii}: the reasum: stated iharcin this Camrl may pieastzd<\/p>\n
3<\/span><\/p>\n
4<\/span>
\n{cs cundune. the (161351, if any, in {Ring ihc slaiemtsnl of a\ufb02fziirs
\nbefore the O\ufb01icial Liquidator.\n<\/p>\n
CGMPANY APPLICATION No. 880 (X2007<\/p>\n
BETWEEN:\n<\/p>\n
E Mr. Suresh Manherlal Mt.~:}xia,Vg
\nSE0 Late Manherlal Mehta, V
\nAged about 75 Yeam, ‘V ‘ .._V
\nResiding at Datta Pmsad,V  V
\nFiat No.12,  ‘<\/p>\n
C-?\u00a313iI13i’\u00bb=i.\u20aci”‘3?”\u00a7??3S1″‘midV.\u00a5V’V ” Q<\/p>\n
:{V_)\u00a3:{V.;}”4\u00a37EiA!!;$V”(f);it:tf;VVVVVCV}\u00a3i\u00a5_l}V&ii1iVi\u00a7\u00a3. Rc:s_aV<\u00a7V,V
\nVEvium?3ai%:3f;}..{;*2!5.V..   %  APPLICANT<\/p>\n
{By Sri.(j\u00e9i;\ufb01&ppaVV\u00e9':, C?f.;\u00a7i\u00a7V'V&ny, Advueaic}<\/p>\n
V    _ IVIXS  Spin and Twisi fviac-himarics
\n %. I;\u00a7:i1i:ed.V"V('}ti Liquidatinn),
\nV Th\u00e9 Eiffibial Liquidaior, V
\nHigh' $0311 af Karnataka,
\nVV-'-1.31 Fiver, D & F Wing,<\/p>\n
V V'  Kendriya Sadan,<\/p>\n
 Koramangala,
\nBangaiore–56\u20ac1 034.  RESPONBEFIT<\/p>\n
V V  V V  {By Shri\ufb01ctzpaic and Shri.V.}ayamtn, Advcrcaies)<\/p>\n
This Appiicaiion filed under Rule: 9 of Cumganias {Cami}
\nRules 1959? Wu', Sections 63 and 65 of the evidence Act, 1872,<\/p>\n
'Q<\/p>\n
praying ihai the rcasuns stated \u00a311crcir2 this <\/p>\n
to permit the ascused to lead the seccndargf'-gviden\u00e9cii T' with <\/p>\n
phutucepins of wriain documtznis
\nequity. T T A L
\nCOMPANY APPLICATXGTJ}'EifT8{}1\\Qii29Q7 _  % '
\nBETWEEN:    A %
\nI Mr. Surcsh   j' _
\nSon Of Late Manhcr1aI'}Aclft::,    "
\nAged Abuu.i75 V95:-..*–'s,_ ' _  ' 7
\nResiding ataD1attalI_'ra\u00a7a_\u00a3\u00a7;    _
\nFlat NQ12, gfiagnaciiu 'vifrusg. Kauai V <\/p>\n
Off 1'5Eavr_\u00e9:j::r\u00e9   '
\n   "   A?}7'I.\u00a5CAN'\u00a5'<\/p>\n
(By Sr\u00a7';C2ix7iapp–aL\u00e9Za Ac} vucaicj<\/p>\n
AND: .%<\/p>\n
 "  V. .Mf'S Sm; Spin\ufb01fi\u00e9 Twist Iviachizzcrics<\/p>\n
" —  "(En Liquidation},
\n  T1.{<":–. ()f'\ufb01'x:.ia'i\u00a7 \u00a5 Jquidator;
\n' .  Higi'i7\u00a7:-u\u00e91riufKaIna\u00a3aka\u00a2
\n \u00e9lti7:'I'7\u00a7r;1:)r, D and F Wing.
\nKezxdriya Sadem,
\nKeramangala,<\/p>\n
"  Y  Bangaim-563 @341  RESPQNDEM'<\/p>\n
V.    Shri.Dcepak and Sri.V.3ayamm, Adxrmtalcs)<\/p>\n
This Appiicaiiun \ufb02ied under Ruhr 9 9f Cumpanitss-3 {Court}
\nRules 1959, Rfw. Sections 63 and 6:'? of tha evidence Act, l8?2,
\npraying ihai {\ufb01e rcasuns siaied ihcrcin ibis Court may be piease\u00e9<\/p>\n
%<\/p>\n
n…..lI,1;~: in$_\u00e9f\u00a3\u00a7Si– cfJ_vf L4 <\/p>\n
6<\/span>
\n{L3 pcnnii the accused \u00a30 Icad Eu: tztscundary es.-‘idc:zc\u00a2:, with
\nphotocopies of certain decumentg in the interest of jugtica and
\nequity.\n<\/p>\n
Thea: Company Appiicaiiuns coming on _j_\u00a3i:i_’.~:
\nday, the Court made ‘she foliowing: –  ‘ ‘A L’ % – ‘ ”<\/p>\n
C-A 965.90%? is \ufb01lc\u00e9 undrzr  fS(\u00a2V5\u00a7} {3A.’v”<\/p>\n
Cumpzmiess Ac-L 1956 read xviu{h. \\Rex}e 13?: ‘A_V{}f{}1\u00a7:} Companies<\/p>\n
{Court}  ‘  ii?-EV  3
\nits’ the ca,$\u00e9”\u00bb\u00a7\u00a7f Liquidator that Eh: cumpuny in
\nliquidation 4 i.%rzi_$ ‘urhdezrit-d  be weuztdmp by an urdcr dalad<\/p>\n
 “*i{3:’}\u00a7_i’9’\u00a71’3″pgsscuvV”‘i\ufb01 Company Pcti\u00e9ion No.Eiif39\u00b098. The<\/p>\n
  xvas apgminicd as 33:: iiquidaimr mi” Ehc<\/p>\n
ce:\u00a5:pan.3\u00e9.’ -. The accused herein were required ii} su\ufb01m\u00e9i that<\/p>\n
 , ?~i;:\u00a3_;:m\u00e9\ufb01i L}? Alfa\u00e9rs 0f the cuznpazzy in \ufb01quidaiiggn in the<\/p>\n
   gamsibea rem duiy veri\ufb01ed witi\ufb01n 2: (iays Bum aha am 01*<\/p>\n
V’ nuvinding-up urdesr. Thai the Siaicmeni oi’AITairs shcmici hats: been<\/p>\n
filsd on \u00a33!” bc\ufb01m: 1{}.3.i9″\u00a7)9 and nuiicz: was irssuad on 14.12.1999<\/p>\n
‘T<\/p>\n
I
\nto accused I in 5 to \ufb02it: Statement of Affairs and since \u00a3hey had<\/p>\n
failed [:3 do 50, ii is urged that {hay have commiEia\u00a2d_:”mi:E:ncc3<\/p>\n
punishable under Sub-seciiunts (5) and (SA) of <\/p>\n
hemx: gamycd it: take: cugnizanuc of \u00a7.\u00a7:a:;:”a;:.(Tcnt%c  to’ ~ ‘<\/p>\n
punish {he accust\ufb01i ;:ctx3rdingly.
\n‘\u00a7”\u00a72=.: evidance having b\u00e9c1vi71cnderesi  in as? lh\u00e9
\nappiiczaiion, the same m\u00a7:.’z~~.rcsi:;1\u00a7:d_ ‘b3.’:..1\u00a71f\u00a7\u00a7’:fcsp0nci’\u00e9:riis to contend<\/p>\n
ihai    i*.\u00a7 2iVV3{:iay in fiiing the Siaiemcni oi’<\/p>\n
:’\u00ab’x\ufb02}1irs. “Ho*e~cvc1; ii:.:haS’bg\u00e9\u00e9n =dor::: and the rcgpundcnis have aim)<\/p>\n
\ufb02ied; appiicziiiczfgs’  reasons for the dciay ami seeking<\/p>\n
.  :91′  in CA 1454\/2086 which is pending<\/p>\n
“” 1;-oi’;I’:s\u00a7gic’rz\u00a3iiL;n.  ‘ V . <\/p>\n
 I*\u00a3iAsoi\u00a7if as the non-wzumpiiancc {hat is cumpiaincci of as<\/p>\n
 rtzgaggis {he fumishing of the par{iL’:,:\u00a7ar:s, axcspi {hat ihr: names eff<\/p>\n
 L\ufb01griain wurkmttn aouid zzcei. be furziishtsd since: 312 rcspundcnis<\/p>\n
wan: nui in possessiun :3? 8:6 same and \u00e9hai there are nu gihsr<\/p>\n
pariicuiars which are {bung} wa\ufb01iing as 31:: r*:3pc.>nd.r have:<\/p>\n
6<\/span><\/p>\n
indeed fumi:-zhed partxgc-ulars suughi for and wh iChV  <\/p>\n
possession vi’ the rzsspomienis. Tht::t\u00a7”‘is”n0 \u00e9..isp;zi\u00a2\u00e9”m; asptsc\ufb01 L<\/p>\n
that the respundcnls had beiaicdiy
\nand have furnished ulhcr par\u00a3ic\u00a7”1i\u00a7\u00a7C:*;~; whic?t._Vg~?er%\u00a7-I r\u00e9iggzif\u00e9d exccpi
\nlhai they deg rtoi gwssessf LE1; ._c\u00a7-V2’i:1.in zvofk\ufb01icn which this<\/p>\n
respundcsms are even {uda\u00a7(_\ufb01o_L iaia :;:x.>:\u00a7i’\u00a3i;1I3~V..’LQ’ihmish.<\/p>\n
Gixx*c:s'”i\u00a7i\u00a3:sf\u00e9”\u00a3at._;-‘is a;;aivci=r_cL’ni’:;{ia33\u00a3:c\u00a2s, {ha pmscni Company
\nA \u00a7ic;:iiun–i:i”\u20acA \u00a7;’;’5:’2E)13i3 is d\u00a7S””‘i$;cd {:5 as not havin \u00a5 made cal
\n21 cast: for pI4nishm’e:.f2L’:V:\u00a7i7.[}i::..am:ust:d 23.11:} {km accused (night is be<\/p>\n
discharged:  ” = <\/p>\n
 ”  ., Q $’:’C'<);'np's21;y Afi\ufb01fi\u00e9\u00e9\ufb01un in CA \u00a7454f2Gi}\u00e9 \u00a35 aiimzwsai.<\/p>\n
","mg@@g\ufb01\ufb01gcAmm\u00a3anmmcA3m&anum@nmg<\/p>\n
nui ':;1:rvi__$a'e .512? uonsidcmiion and accordingiy sianci dispused of.<\/p>\n
Sd\ufb02\u00e9y
\nFudge<\/p>\n
IIV<\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court M\/S Star Spin And Twist … vs Sri Suresh Manharlal Mehta … on 6 August, 2009 Author: Anand Byrareddy IN THE HIGH Cr:>I;3RT OF KARNATAE{A AT BANQALGRE DATED THIS THE 6″ DAY 0:\u00bb? AUGU$\u00a7T”2A(\u00a7{i\u00a7fJ: f BEFORE: THE HOWBLE MR, msT:c\u00a3iA;mgs;%\u00a7Ia%’B%\u00a3mR\u00a7:k:>\u00a7*:*7 CC}M1F’ANY APPL’I_\u00a7g\u00a7.’fI(\u00a7}~\u00e9._ N;),96s,!2a\u00a2a C()MPANY .\u00a2;PPLIC;\u00e9Qf’I\u00a33N N0,_14=\u00a74.s”2G\u20ac)\ufb01 C()MPAI~I’f AP_P’LICATI\u20ac__}I\\E_ N\u00a7.2.80\u20ac\u00a7;’3{}{}? Aim COMPANY’__APPLiC4\u00a7{f*E\u00a3}3?~I$42.301.5209? CQMPANY […]<\/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-14168","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nM\/S Star Spin And Twist ... vs Sri Suresh Manharlal Mehta ... on 6 August, 2009 - 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-star-spin-and-twist-vs-sri-suresh-manharlal-mehta-on-6-august-2009\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"M\/S Star Spin And Twist ... vs Sri Suresh Manharlal Mehta ... on 6 August, 2009 - 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