{"id":201166,"date":"2008-09-23T00:00:00","date_gmt":"2008-09-22T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/gangavati-sugar-staff-and-workrs-vs-board-for-indl-finan-on-23-september-2008"},"modified":"2015-12-16T17:10:21","modified_gmt":"2015-12-16T11:40:21","slug":"gangavati-sugar-staff-and-workrs-vs-board-for-indl-finan-on-23-september-2008","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/gangavati-sugar-staff-and-workrs-vs-board-for-indl-finan-on-23-september-2008","title":{"rendered":"Gangavati Sugar Staff And Workrs … vs Board For Indl. & Finan. … on 23 September, 2008"},"content":{"rendered":"
Karnataka High Court<\/div>\n
Gangavati Sugar Staff And Workrs … vs Board For Indl. & Finan. … on 23 September, 2008<\/div>\n
Author: A.S.Bopanna<\/div>\n
 \n\n5\nE\nE\n5\n3\nE\n3\nL.)\n5\nI\n5\nE\nI\n5\n\"2\"\n3\n\n'or 1:-'turn I\n\nM .20 \n\nIN THE HIGH COURT OF KARNATAKA\nCIRCUIT BENCH AT GULBARGA\n\nDATED THIS THE 23% DAY OF SEPTEMBER    _\n\nBEFORE\n\nTHE HOIWBLE MR. JUSTICE' Agsl.$Bo;5ANNA%V  ' , '\n\nW.P. No.4466\/ 1993 rGM::%REsLC;W\u00a5%A V 1 \nW.P.No.36 19\/ 1998 & _W,P.No;3867_'j 3993'   \n\nm w.1>.xo.4466 1' \n\n1. GANGAVATI SUGA-RS S\u00a7'I'AFF \u00a3ss WORKS ASSN.,\nPRAC}AT'ZNAGAR}383 253,  _  ' \nGANGAVATE      \nREP. BY ITS (.'gEf\u00a3ERA1;SECi?E'PAVRY,;g\nMr.MosEs\"::.ELL\u00a5:._ ,  '  * ' \n\n2. KARIi!A'I'AKA 3*: ,\u00ab'z.'_\u00a7:' 'FARvMEvRS' Assn,\nGANGAVA'1'I 'mLUK,~.  V.  \n;<oPPAL.;::z'mR1c:T  _  '\nREP. 13YI'f'~S I;1s'1*1etm"._s5:(:RE'rARY,\nMr:,I*:PPERU'DRAswAm .. PETi'I'iONERS\n\n * {BY .'\u00a7\u00a7f;R:,AC;OPAL, A:}Vo'::ATE)\n''''--.A1~zVz$:''--V '' " \n\n1. *.\u00e9\u20acz:l'\u00a7*Q_i\u00e9--\u00ab;\u00a7i\"a\".\u00a7 R2)\nsx-i.A.vE2s41{;x1'AcsaAW;x.;=i', ADV. FOR' R3)\n\n' '~-.('I'H-ES\" w..P~.;s :\"\u00ab'rLEU UNDER A\u00a72'I'.226 as 22? 09' Tm:\n ,co1szs':'rra.rr:oN._, op' INDEA, PRAYING TO QUASH ORDER\n D'\u20ac'D;'29;'9..95\"PASSED BY TEE BOARQ OF ENQUSTRLAL AND\nL'---F\u00ab'1reANc;.a,1';--\u00abREcNsTRUcr:0N (R-1) IN CASE 950.221\/1998 VIBE\n\nAP?N'EXURE+--.3\u00a7j ,\u00a7\u00a7ND THE ORDER DATEE) 15.12.1997 VIDE\nAN?-EE_'.XUv_\u00a7%E~_I)'.w'BY THE RESPONDENT No.2.)\n\n1\n\nfl'\n\n\n\n -- -- -- -v~r1n-'Ir1u\"V-I\\rI I H\\Jl'1 \\.\u00ab\\JIJKI 'Jr RRKIVAEAKA      \n\nQ? W.P.\u00a7o.3867 I L99\u00a7 IGMRES [\n\nBETWEEN:\n\nTHE STATE OF KARNATAKA\nREPREZSENTED BY ITS SECRETARY,\n\nDEPARTMENT OF INDUSTRIES   >-\nAND COMMERCE,  V J _\nMSBUILDINGS,   \"  , \"\nBANGALORE 566 001. , ..,'..PEamoN,Ere., ' '\n\n(By Sri.M.KUMAR, ADDLGOVT. ADv\u00a7cATEj    \n\nAND: \u00a2\n\n1. BOARD FOR mDUs\u00b0rR:A:;ea; F1M.\u00a7i:<3:A_:;     \nRECONSTRUCTION,  _   .. '   \n1, 'I'OL.S'I'OY MARC~--.._ *\nNEW DELHI :10  \n\nAPPELLATE A1;'PIeEORi--'I'Y \u00a5~"-{JR EPJDUSTRIAL\n85 FINANCEAE, R5i::QNsTRuc'<rroN \n\nmm FLOC}?,}EEEVF;i\u20ac PRAKASH '\n\n25, K;_xs*rURBA._--a$4AR EDIT 85 INVESTMENT\n\nCQ4RPO;RA'FIjC3N OF INDIA,\n510.163'; ABACKBAY RECLAMA33 ON,\nMUMi\"-3511400 029.\n\n* INDUS'I'RIAL FINANCE CORPORATION\n ow ZNDIA, BANK OF BARODA BUILDING,\n-- \"N.16, SANSA3 MARC},\n\n\ufb02aw DELHI me 001.\n\nSTAT E BANK OF' INDIA,\niNDUS'I'RIAL F'\u00a7NANCE BRANCH,\n\nI\n\n3\n\nQ\n\n1\"' i-I'\u00a7iI.I \"l'\\IIlII-lhl\\lIul'\\i Il\\_ nu.-nan... .._....-\n\n\n\n. -. 'Ir'llIT'I I III:-II I \\4\\lIJl\\I I-IT l\\I'\\KI'l'if'\u00a7l\"'\\      \n\nNo.25, RESIDENCY PLAZA,\nRESIDENCY ROAD,\nBANGALORE 560 002.\n\n8. BOARD FOR INDUSTRIAL AND\nFINANCIAL RECONSTRUCTION,\nACCOUNTS SECTION, CREDIT\nWING, CANARA BANK, 112, O  _\nJ.C.ROAD, BANGALORE -- 560 002\" \" A\n\n9. CORPORATION BANK, HEAD\nOFFICE, MANGALDEVI TEMPLE\nROAD, MANGALORE 575 001., O'\n\n10. SYNDICATE BANK, _ \nP.B.NO.1. MAISHPAL ---.5'.75_ 115';\n\n11. STATE BANK OF' HYDERABAD,---.  \nHEAD OFFICE, Guwpozmbzsey,' .., \n\nHYDERA}3ADi~.5GO_17Tf,    V' LOVRESPONENTS\n\n(By Sd.M.V.VEDACHALA,\"ADVI .5012' 12.41 .\nSri.RAMI\"\u00a7IAS,_.-ADV. '\u00a7=roR\":?&;2,8s'3.,.,~  \nsn.sANJA\u00a5,BvA.:tf1A, ADv.\"F<3-\u00a7Am*2211;r;E,V ADV. FOR R9}\n\n-\"v.,.;THzS\u00b0%w..1\u00a7 ES I\u00e9:'LEa--1--\u00ab'UNDER AR'r.225 85 227 0}? THE\n\nCON\u00a7TI'FU'I'ION\u00ab,_OF INDIA, PRAYING TO QUASH THE ORDER\n\nE5TD;\".Z9.S*,9i:E\u00a3iY R~._1 IN CASE N023: 0:? 1993 VIDE ANNEXURE-\nA A_r\u00bbID*'1'_H--E 'ORDER DATED 15.12.1997 BY R-2 IN APPEAL\n\nNo. 133r01=* 19$:-.s'Av1'm'.\u00ab: ANNEXURE-B 35 ETC.\n\n\"\"'The$\u00e9'vW.Ps. coming on for final hearing this day,\n\n .  the 'made the fo1\u00a3oWi;ng:-\n\nORDER\n<\/pre>\n
In all these three petitions, the order dated<\/p>\n
‘Oi”\u00bb\u00bb..O;’Q9.9.1995 passed by the Board for Erxciustrial and<\/p>\n
J)<\/p>\n
‘$<\/p>\n
nu-1 – DIV!’<\/p>\n
. …\u00bb..\u00ab…u my muuu-umnn r-nun uuux: Ur KAKNAIAKA NIGH CH<\/p>\n
Financial Reconsfrrmction {in short “BIFR”) in case<\/p>\n
No.23}\/1988 and a\ufb01irmation of the same<\/p>\n
Appellate Authority for Industrial and
\nConstmction by order dated  1997″ ”   ‘
\nNo.133\/1995 are called in quesmua; AA <\/p>\n
are impugned at A1mexuree;_B- .5; D’ Atoitixe  The ” %’<\/p>\n
further prayer made  the is for  to
\ndirect the Govemmeht–    reconsider the
\nproposal to   vnv you “E;\/I\/s Gangavati<\/p>\n
Sugars    ‘ ‘<\/p>\n
 ”  ~    I.F.R. would indicate
\nthat t}1eA’;E?g.I.I5.R…V_.heefeeommended that the Company<\/p>\n
(3eur1;.g,e: karnataka to initiate necessary<\/p>\n
  A.  ‘matter for winding up of the
\n Gangavati Sugar Ltd. The fact that<\/p>\n
Z  ‘   such recommenda\ufb01on made by the
\n Company Court had considered the matter
\n‘A   to winding up of M\/s Gangavati Sugar Ltd.,
\n  hot in dispute. In fact, a perusal of the order sheet<\/p>\n
VA  ” ”  by this Court would indicate that these<\/p>\n
)2<\/p>\n
J
\nI<\/p>\n
f’\\l’\\’\\ l_l\u00a3\\n\u00a7 I.l\\n.n\\..tn:uLn. gnu.<\/p>\n
,3;\n<\/p>\n
.5
\nI
\n.3
\n\u00a7
\n3<\/span>
\n5<\/span>
\n:3.\n<\/p>\n
O
\n5<\/span>
\n8<\/span>
\nI
\n9<\/span>
\n3<\/span>
\nE
\n5<\/span>
\nA.\n<\/p>\n
D
\n3<\/span><\/p>\n
I<\/p>\n
petitions were directed to be listed after disposal of<\/p>\n
winding up proceedings before the ‘it.<\/p>\n
is stated at the Bar that subsequentiy  K
\nbefore the Company Court has  V
\nthere is an order of winding up    <\/p>\n
by the Company Court. In  of the A<\/p>\n
order dated 29.9. 1995  of the same
\nby the Appellate Authoiitgf   15.5.1997
\nhas already    second prayer
\nmade with?     of rehabilitation,
\nthe said  arise at this stage
\nsince,    have been considered by<\/p>\n
the  V_:C3oa~ii?t.A”v.’IV’herefore, keeping these aspects<\/p>\n
 V’ in vie\u20acir,:,.,t31e”i–petitio\ufb01s”‘\u00e9i1’e disposed of as not surviving for<\/p>\n
 rgoiisi\u00e9eia\ufb01oii this stage.<\/p>\n
4”3,  However; it is made ciear, if at all any issue<\/p>\n
 to be considered in this petition stiil<\/p>\n
  it is open to any of the parties to dime<\/p>\n
 ‘   to make an appropriate application in this
\ni A regard to be considered by this Court.<\/p>\n
i<\/p>\n
av
\n\\<\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court Gangavati Sugar Staff And Workrs … vs Board For Indl. & Finan. … on 23 September, 2008 Author: A.S.Bopanna 5 E E 5 3 E 3 L.) 5 I 5 E I 5 “2” 3 ‘or 1:-‘turn I M .20 IN THE HIGH COURT OF KARNATAKA CIRCUIT BENCH AT GULBARGA DATED THIS […]<\/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-201166","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nGangavati Sugar Staff And Workrs ... vs Board For Indl. & Finan. ... on 23 September, 2008 - 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\/gangavati-sugar-staff-and-workrs-vs-board-for-indl-finan-on-23-september-2008\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gangavati Sugar Staff And Workrs ... vs Board For Indl. & Finan. ... on 23 September, 2008 - 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