{"id":200775,"date":"2010-09-23T00:00:00","date_gmt":"2010-09-22T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/all-weather-roofing-pvt-ltd-vs-karnataka-state-financial-on-23-september-2010"},"modified":"2016-05-20T13:01:03","modified_gmt":"2016-05-20T07:31:03","slug":"all-weather-roofing-pvt-ltd-vs-karnataka-state-financial-on-23-september-2010","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/all-weather-roofing-pvt-ltd-vs-karnataka-state-financial-on-23-september-2010","title":{"rendered":"All Weather Roofing Pvt Ltd vs Karnataka State Financial &#8230; on 23 September, 2010"},"content":{"rendered":"<div class=\"docsource_main\">Karnataka High Court<\/div>\n<div class=\"doc_title\">All Weather Roofing Pvt Ltd vs Karnataka State Financial &#8230; on 23 September, 2010<\/div>\n<div class=\"doc_author\">Author: Mohan Shantanagoudar<\/div>\n<pre> \n\n  A RERSY ITS MANAGING DIRECTOR.\n\nIN THE HIGH COURT OF KARNATAKA AT BANGALORE.\n\nDATED THIS THE 2390 DAY OF SEPTEMBER 20: 0 \n\nBEFORE\n\nTHE HON'BLE MRJUSTICE MOHAN SHANTANAQOVVUAEJARA A   \n\nWrit Petition No.4883\/2010(,:CSM:~KS:F'G) = ~  I   \"I \n\n&amp;\n\nWrit Petition No.49Sg_I2QL'tOI(3M:t&lt;St=OI7_A  \nBETWEEN:\n\nALL WEATHER ROOFING PF&#039;tvIT&#039;VAT_E_VL!l\\g&#039;!ET&#039;t&#039;\u00a3D,\nFLAT NO.G2 PARAGGNv\u00bbRjES|&#039;DE,NCY It &#039;  &quot;\nl\\\u00a3O.52, SERREI\u00a7I&#039;T.INE;_STR.I:~:ET   V&#039; _ \nRICHMOND3.,TO3iVN,~. A S  1;; \nBANGAL\u00e9T)RE=~e 569 0251-   --\n\nREP._B_YH |&quot;&quot;t&#039;7$&#039;PR;QMQTER OIREOITOR\n\nA\/Irs.AzTEE zA AKBAR :1&#039;  A  PETITIONER\n\n(By Smt.S R AwRI.AOHA;IActt\u00a7;&#039;,)\n\n _ KARNvAT.AKA-STATE\nFII\\IAI\\I_cIAI.. CORPORATION\nNo.1\/--;I T&#039;I--It&#039;I\\\/III\/IAIAH RAOD,\nBANGALORE - 560 052\n\n RESPONDENT<\/pre>\n<p>&#8220;.&#8221;(V&#8221;B:y SrI.RAGHu, H.P., AtIv., FOR<\/p>\n<p> f  ~,Sr&#8217;i&#8217;.GURURAJ JOSH], Adv.,)<\/p>\n<p>THESE WRiT PETfTtONS ARE FILED<br \/>\nARTILCE 226 OF THE CONSTITUTEON OF iNDiA PRA&#8217;YfN'{?a, &#8221;<br \/>\nTO CALL FOR THE RECORDS PERTAtNiNG&#8217;_&#8211;&#8216;TO&#8217;AE&#8217;TFf~&#8217;iEW;<br \/>\nAUCTiON OF F&#8217;ETfTtONER PROPERTY DT.V2\u00bbT&#8221;.&#8217;1_2.&#8217;Q9;  <\/p>\n<p>4.2.-roro ev THE RESPONDENTS, ETC &#8230;. ..  &#8221;<\/p>\n<p>These petitions coming on for pre.tim5hery  <\/p>\n<p>Group this day, the Court made thee.foiiowing:&#8217;\u00bb=.<\/p>\n<p>ORDER E&#8221; _<\/p>\n<p>The petitioner has sought storm,&#8217;roiib~;iisng reiief:-<br \/>\n&#8220;(b) ;Gra&#8217;ritf&#8217;a \\i4_rit,\u00a7 order&#8221; orutdirection in the<br \/>\nnature of rruarid_antu~s&#8217;iV&#8217;di.reot\u00a7\u00abniQ&#8217;~~th&#8217;e&#8217;Etrespoerrdent to accept<br \/>\nfrom thepetititorriegthegaihourita.\u00e9iyv.hich the property<br \/>\nhas ijeeo   _ci-earance of the loan<br \/>\namouatwsih respearg at Plot Nos.83, 84(P) in<br \/>\nSy.Nos.t25_, ;*38VO,VVi38.t;.&#8217;582;&#8217;_583, 586 in Jigani industrial<br \/>\nAfe\u00a7i&#8217;._ifgaHt &#8216;Vi-iotiiig&#8217;\/5.nei{aI Taluk, Bangalore mortgaged<br \/>\n &#8216;~  _ toiirttie r_e.spo{1dentHvideregistered mortgage deed dated<br \/>\n2 \u00bb ;O7,_O1&#8230;1_985e.at*Annexure &#8212; &#8216;A&#8217; and to retransfer the<br \/>\nA  .se;rr3e avio&#8217;o.g_vri&#8217;tit&#8221;a|i its super structures in favour of the<\/p>\n<p>petitioner&#8221;._ &#8221;  &#8216;<\/p>\n<p>  The petitioner has raised ioans from the<\/p>\n<p>1&#8242;&#8221;  _respor&#8217;idEeht~oorporation by mortgaging the property in question<\/p>\n<p>for a sum of Rs.49,72,000\/~ on 07.01.1985. Since the amoqnts<\/p>\n<p>are not repaid, possession of the property was taken ..i:J~,r.,:&#8217;t\u00abh&#8217;e~V.vv<\/p>\n<p>respondent-corporation under Section 29 of State. <\/p>\n<p>Corporation Act, 1951, in the year 1995&#8230;. _Ti|| 2006&#8217;i:aiso,&#8217;itrie  <\/p>\n<p>amounts are not repaid. Ultimately},  :i\ufb02;l&#8217;3:V:A::&#8217;V&#8217;:<\/p>\n<p>property was sought to be auctiiiovri-e,d. &#8216;The p_etiti_&#8217;o&#8217;n_er*~\u00bbifiIed<br \/>\nW.P.No.15688\/2006 questioning the..a};ctionLA saie; which&#8217; came<br \/>\nto be dismissed on 21.11.20&#8217;C\u20ac\u00a7&#8230;T&#8217;h_ef&#8217;:eaft\u00e9r,f_auction had taken<\/p>\n<p>place.\n<\/p>\n<p>3. The  arefiled praying for the<\/p>\n<p>aforementioned relief.\u00bb -~  <\/p>\n<p>4.  -, rhiseouieareceati the petitioner on 20.04.2010 to<\/p>\n<p>Ci&#8217;-ores  three weeks. Till Then, further<\/p>\n<p>proc.eVxed.Eng3,&#8217;werefstayed. However, in the very order, it was<\/p>\n<p>}&#8221;&#8221;made clear that,viAi&#8217;ncase, if the petitioner does not deposit Rs.5<\/p>\n<p>&#8221; i.&#8221;C.r_oi*eAs withinthree weeks, it is open for the petitioner to auction<\/p>\n<p> ti~.e{&#8216;pvrope&#8217;rty and recover the amount. The amount of Rs.5<\/p>\n<p>V&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karnataka High Court All Weather Roofing Pvt Ltd vs Karnataka State Financial &#8230; on 23 September, 2010 Author: Mohan Shantanagoudar A RERSY ITS MANAGING DIRECTOR. IN THE HIGH COURT OF KARNATAKA AT BANGALORE. DATED THIS THE 2390 DAY OF SEPTEMBER 20: 0 BEFORE THE HON&#8217;BLE MRJUSTICE MOHAN SHANTANAQOVVUAEJARA A Writ Petition No.4883\/2010(,:CSM:~KS:F&#8217;G) = ~ I [&hellip;]<\/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-200775","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>All Weather Roofing Pvt Ltd vs Karnataka State Financial ... on 23 September, 2010 - Free Judgements of Supreme Court &amp; 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\/all-weather-roofing-pvt-ltd-vs-karnataka-state-financial-on-23-september-2010\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"All Weather Roofing Pvt Ltd vs Karnataka State Financial ... on 23 September, 2010 - Free Judgements of Supreme Court &amp; 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