{"id":156726,"date":"2010-08-27T00:00:00","date_gmt":"2010-08-26T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/sri-m-v-gopinath-vs-karnataka-state-financial-on-27-august-2010"},"modified":"2018-03-10T09:33:56","modified_gmt":"2018-03-10T04:03:56","slug":"sri-m-v-gopinath-vs-karnataka-state-financial-on-27-august-2010","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/sri-m-v-gopinath-vs-karnataka-state-financial-on-27-august-2010","title":{"rendered":"Sri M V Gopinath vs Karnataka State Financial … on 27 August, 2010"},"content":{"rendered":"
Karnataka High Court<\/div>\n
Sri M V Gopinath vs Karnataka State Financial … on 27 August, 2010<\/div>\n
Author: K.L.Manjunath And B.Manohar<\/div>\n
 \n\nIN THE HIGH COURT OF KARNATAKA AT BANGAAORE*O\n\nDATED THIS THE 27\" DAY OF AUGusT{?2OiOI\u00bbAT\u00ab7\n\nPRESENT\n\nM.F.A.NO.25\u00a75{2OOs '\nBETWEEN: , ,~\"-\"--'w\n\n1. SRI M V GOpIuATH\"L- I, ; _',%,\",\nAGED ABOUT 64 YRS, S\/O O VELAYUEHAN\nNAIR, R\/O THANKA\"\ufb01IvAs*,\u00a7_ -~,'\n\nNO 936, 3'WIAGE} RAOAJinAOARw=\nBANGALORE 1\u00a7,\u20ac\"f,'\u00a2 '5'< '\n\n2  ..GC:PII~i\ufb01;TH \nMAJOR W\/O 53; M V GQPINATH\nR\/O7THANKA_NIVASm"yQ_936, 2 STAGE\nRAJAJINAGAR; BANGALORE 10\n'a VA -_*; %= ... APPELLANTS\n\n (By sxffi  SATVf!I"SH__'_\u00a7.vARAVIND, ADV. )\n\n. '.\ni. 3.\n\n1 _KARN\ufb01f\u00a7KA%SfATE FINANCIAL CORPORATION\nHEAD OFFICE AT NO 1\/1, THIMMAIAH\nROAD; BANGALORE 52\n\nO":\u00e9~M%S O TEAM Innusrnins\n\n\u00abf Ev? LTD, OFFICE NO 254, B BOHMASANDRA\nKINDL AREA, BOMMASANDRA, ANEKAL\nBANGALORE 58,\n\n'H"~~(1N LIQUIOATION)\n\nREP. BY THE OFFICIAL LIQUIDATOR\n\nATTACHED TO HIGH COURT OF KARNATKA\n4 FLO0R,D AND F WING, KENDRIIA SADAN\n\nKORAM\ufb01NGALA, BANGALORE 34\n6\/\n\nRESPONDENTS<\/pre>\n
hi<\/p>\n
{\ufb02y \ufb01r; : S G Q\ufb01\ufb01\ufb01l\ufb01, A$?,}<\/p>\n
mm. $12333 13\/3 32 :9} 6? THE STATE
\n\u00a7*INA2qc:1:,AL cogmxamaxss ACT A&\u00a7.IH$’}.’ ‘.E’HEU'<{} K\u00a7i.E*-.\u00a7R<\/p>\n
\ufb01kf\ufb01\ufb02t 31.1.3803 EASSED IH \ufb01ESC.\ufb01$.742j2\u00a7Q$fQ\u00a7_
\nTEE F333 0? THE V3 AD\u00a7L.CIT\u00a5 C$V$E 'J\ufb01\u00a7GE;:=<\/p>\n
amamm cxm" 5(cc\u00a3:\u00a7;-=11}, g:;2;;o\u00a23~'\u00e9'-:.2}2<;..'_j- %:9i:\u00a7E\u00ab\u00ab
\nygwmxorx FILEE U13 3: {1} (aa.}_ & ;\u00e9;1ac=:'*r_::\u00a72:: :a;2jr 0;2~r*_ '<\/p>\n
$iZ'A'i?E yxnmcxmd CQRPORATEGES" AST" ._ ~<\/p>\n
-ram A.\u00a7PE\u00a7& comma; Q1~I QF{fJR \u00a7\u00a7E’;A_\u00a3>g:’2~2:=8~ ?1i:~:’3:v$”\u00ab..%<\/p>\n
my, 1vLAE\u00bbEJ%..}”z~1A*\u00a7’E~3 J, mgxzmmgp *E\u00a7s’E
\n\\””*Wmm”””.:jUDG2!$;\u00e9\u00a7’;:3}’\u20ac:1’V:’.
\nTh\ufb01 iegality  9:? the mzcier
\npassed by thev  Judga,<\/p>\n
Bagzgalore\ufb01  .  passed in
\nMisc.I~3’6;”‘\u00e9’\u00e9{2;;%f29Vf\u00a7;?\u00a3”‘i$.,AV\u00e9:~zl3;\u00e9\u00a3i”‘:in quasticn in this<\/p>\n
apyeai”, ”\n<\/p>\n
2 . Tfacze “a\u00a7{\u00a7e3 }” a\u00a7;–1\u00a7s wager Respondantswz an\ufb01<\/p>\n
 .3.;\ufb01.  3.f::2′:*’:’-.:~;::.*:–.~;’:a..;%’.\u00a7:j\u00a7 case. The petitivn was<\/p>\n
 ‘\u00a3::’fife:\u00a7  the Sfmlal Ccxusrt by \u00e9..:.m 1″<\/p>\n
 {Lander $93.33. {\u00a7.\u00a7 \u00e9aa} and $em,32 Qf<\/p>\n
 _t.he skate Financial Carymratian Act 1\u00a7\u00a71,<\/p>\n
\u00bb 3;.2:’;e:\u00a7\u00e9’%3T:’:%_,\u00a72g3 ‘ f\ufb01r a . diz\ufb01ecti\u00e9\u00e9z I ta. I \u00e9nvinracxt\ufb02 tzfii\u00e9n<\/p>\n
 R\u00e9;spc::ndent$~–2 to 4 to jaintly and smreraliy<\/p>\n
pay a sum of Rs. 1,33,22,e99,\/\u00ab mwards thee<\/p>\n
tam laan and far a fuzther direction ta pay<\/p>\n
_:2 3122:: mi’ Rs.\u00a7;,58$,\u00a7\u00e9,523\/’–I in re\ufb01peet aitxf gm<\/p>\n
6\/__<\/p>\n
facility and tr: further direct the defe{\u00a7i\u20ac:3ax3t$<\/p>\n
ta pay a sum of Rs..1,@4,39\u00a7523\/–~ in <\/p>\n
factzmring futility as on  ‘%\u00e9fa;.:su <\/p>\n
czantested an many gro12n~:\u00a7 s.\n<\/p>\n
claim petitiean fi3.e\u00e9 by t1:\u00a2.=;”‘V–Res}:;s\u00e9\u00e9a\u00bbr\ufb01}e :its\u00a7:’; <\/p>\n
allowed. Being 2:.\u00abggx*3″‘.\u00a7\u00e9*-,::\u00a7.\u00e9s:3. ‘   s.$a;\u00a71’mV\u00a2, the
\npxesent appeai  ‘V  J<\/p>\n
:3. Eifhoughn : _.9+:’1..:*e urged in
\nthe appeai.  := tI”:; e   arguments the
\nlearned    relying
\n12pGni ‘\u00a7t:}f”‘3;\u00e9’  ‘l;\u00a7’#\u00a2.’.E;.’uVVi”.’IVt’Z;r1′}. Supreme Cmszrt in\n<\/p>\n
 -gg\u00e9gggeg’~..\u00a2_ ::\u00a7~%mUsmRzA\u00a7. I\u00a5~$’J”’ESTMENT &<\/p>\n
agv3m\u00a7xw\u00a7’ c\u00a2R:\u00e9e\u00a7Ai’IaN vs. s.1<:.:<:.:\u20act3Ia\u00a7<;%I &<\/p>\n
r'a3po.r"l\u00a7\u00e9\u20acI""iV\u00a3; AIR 290$ 36 3.713: cantends<\/p>\n
   which has paasetd the decree had;\n<\/p>\n
z:,__”‘\u20ac:e:;:z:,i;’%:-ggsg\u00e9siagi jur:%.,$d.3;.ct3?,ers ta entertain tha<\/p>\n
“V_,’pet:.2;m;~: filed by the 1” R\ufb01sp\u00e9nde\ufb02t.<\/p>\n
“:%f”2\u00a3\u00a2\u00e9:\u00a7;;\u00abrcii:2g ta him, tia\u00e9.2″d Respmzciant — Scsawany<\/p>\n
 is situasea within the gurisdiction af<\/p>\n
Indzzstriai wait situated in Barzmsan\ufb01ra
\nIr;.&z2:3*’hr3;aL1. Araa which csmess under Anekal
\n\ufb01aluk. Therefora, ha mmitands that tha-<\/p>\n
1<\/span><\/p>\n
6\/<\/p>\n
patiticn filea befmre the Eangaiare City caart<\/p>\n
was met maintainable.\n<\/p>\n
\u00e9. Tke Learnad cau\ufb01gei far,  t\u00a7e_<\/p>\n
xespsndentm: daes mat di$puta thi\u00e9u’\u00a7$\u00a2\ufb01ggT.<\/p>\n
Howeverg he amntem\u00e9s sings Mao ‘p3\u00e9ju\u00a7ia\u00e9= is, ”<\/p>\n
caused to the agelianta xn fnat f\u00a7re$en\ufb01\u00a7n\u00a7if<\/p>\n
mfmra Bangalere Ruz*a3g:1\ufb01:\u00a7-,.$%:rj#*c:t; \u00a7:e?V’V:”:9$e:;=;;eH$.’E’csM<\/p>\n
the cmurt ta reject the Em@t\u00a2ntian \ufb01rg\u00e9d by
\nthe learnad c0unsei*\u00a3$g kg g\ufb01g\u00e9iiants.<\/p>\n
5. Saving. heaxd-fth%f \u00e9\u00a2&n\u00a7e1 for tag<\/p>\n
part1a$;~\ufb01\u00a7e \u00e9\ufb011y \u00a7\u00a9i\ufb01\ufb01”t\u00a2 be amsiderm\ufb01 &m
\nthis a\ufb01pea: i$:fa \u00a2.”\n<\/p>\n
1} Whath\u00e9%.\ufb01he E\u00a7s\u00a7\u00a7\u00a7\ufb01a$t~1 has pregented tha<\/p>\n
\u00a7e\ufb01i\ufb01:a\u00a3 \u00a7\u00e9fa:$_the camatant court?<\/p>\n
 12\u00a5;Eh$t\u00a7erK$\u00a7$_appeal has ta b \ufb01ismi\ufb01gad ev%a<\/p>\n
*\ufb01f7i% i$ \u00a7%esented befmra a wrang cmuzt an
\nt\ufb01extg\ufb01\u00e9und t\ufb01at mm prajadiae weui\ufb01 be
\n2*xn\ufb02a\u00a7\u00a7\u00e9\u00a7’%\u00a7 tk\u00e9 a\u00a7pe11ant$’%ez&i\u00a7?<\/p>\n
‘A5. So far as the$e twm paints are<\/p>\n
.k”~__ Vf\ufb01\u00e9\ufb01aarnedg it is mat \u00a33 dispata that tha Ban.<\/p>\n
Supreme Sauxt while deaiing witk tha mattar af<\/p>\n
$.K.K.:\u00a2;%m\u00e9wE AEB QTRERS has came ta th@<\/p>\n
5%<\/p>\n
xzanaiuaimn that 3. gpetitiezz has ta m presente\ufb01<\/p>\n
where tha Enduatriai unit is carrying on’ ‘i:\u00a7f$;\u00a2;:”‘.,A<\/p>\n
husirz\ufb01ssm Raiyi\ufb01g upmz sec.32 mf    ”<\/p>\n
Financial Caxparatien Asst, whe\ufb01’ we a*_4reV4\u00a7\u00a5e:.3f3..$.z*2g*\u00a2. <\/p>\n
with 3. spaciai statute and A’ <\/p>\n
Apex Cmzrt E233 rule\ufb01 tha\ufb01  \u00a71.\u00e9;s;e:s, a1’\u00a7c_je”‘:~.\u00a71tL5
\nfila\ufb01 befaxe the nag: _.$\u00a7\u00a7g\u00e9k_w\u00a7\u00a3\ufb01in. \u00a5hose
\njuri$dictian the defa\ufb01gtin\ufb01 \ufb01g\ufb01\ufb01 is lmcatedg
\nthis caurt \u00a2.3I::.\u00a7.C3%:_   view, if
\nany   i%_.}hej~ ‘%@eli’Lants or
\nnet, ‘rr;a;.’s”‘T’ ‘a\u00a3i’>:’t1′;;.\u00a7:\u00a7e:.+\u00b0 the Sam 2&2″:
\nview cf t\ufb01\ufb01 \ufb02\u00e9\u00a3\u00a7\ufb01%t% %ia\u00e9ings af the H@n’bl@
\nA963  * V ‘<\/p>\n
..’ 7′?,._LFQ}\u00abl.\u00a2wi:1g….the afaxesaici dea:L$:\u00a7_s:;~:1_, the<\/p>\n
_3?;;\u00a7 Q~’3;3;v3%.:Fc::?’I~?e\u00ab\ufb02;. The gram: jpassad kn}? the $1<\/p>\n
    Qalvi\u00e9 aifudge, \ufb01azzgaiereg<\/p>\n
\u00b0._ at 31;1\u00ab\u00e9\u00a7e5 in Misa.Hm.?42f\ufb022 is hereby<\/p>\n
  Howe\ufb01ra\ufb01r, liberty is graitfzadta izh\u00e9<\/p>\n
 “i\ufb01eapandent m 3~;’a%T’~._<\/p>\n
Rural \ufb01iatrict $1133.}. take the wper :;x:;*..bc>a?2:z::\u00a3..A <\/p>\n
and \ufb01ispose cat” the game in __a:c::;\u00a2<3z*c\u00a7.'a.;:i a'!c~2. _': w\u00a7;'%:1*;, <\/p>\n
Raw.\n<\/p>\n<\/p>\n
       JUDGE<\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court Sri M V Gopinath vs Karnataka State Financial … on 27 August, 2010 Author: K.L.Manjunath And B.Manohar IN THE HIGH COURT OF KARNATAKA AT BANGAAORE*O DATED THIS THE 27″ DAY OF AUGusT{?2OiOI\u00bbAT\u00ab7 PRESENT M.F.A.NO.25\u00a75{2OOs ‘ BETWEEN: , ,~”-“–‘w 1. SRI M V GOpIuATH”L- I, ; _’,%,”, AGED ABOUT 64 YRS, S\/O O […]<\/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-156726","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nSri M V Gopinath vs Karnataka State Financial ... on 27 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\/sri-m-v-gopinath-vs-karnataka-state-financial-on-27-august-2010\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sri M V Gopinath vs Karnataka State Financial ... on 27 August, 2010 - 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