{"id":208002,"date":"2009-02-04T00:00:00","date_gmt":"2009-02-03T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/official-liquidator-of-ms-vs-the-secretary-on-4-february-2009-2"},"modified":"2018-08-19T12:55:20","modified_gmt":"2018-08-19T07:25:20","slug":"official-liquidator-of-ms-vs-the-secretary-on-4-february-2009-2","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/official-liquidator-of-ms-vs-the-secretary-on-4-february-2009-2","title":{"rendered":"Official Liquidator Of M\/S … vs The Secretary on 4 February, 2009"},"content":{"rendered":"
Karnataka High Court<\/div>\n
Official Liquidator Of M\/S … vs The Secretary on 4 February, 2009<\/div>\n
Author: Mohan Shantanagoudar<\/div>\n<\/p>\n
<\/pre>\n
 ~v— — -w–n—-M –an –nu w nan-wunm mun COURT or XARNATAKA HIGH!<\/p>\n
1<\/span><\/p>\n
12:’ TI-E HIGH cmsm’ gr’ KARKATAFZA AT Bmmmas<\/p>\n
DATEE THIS THE 4%: my my F’EBRE}.i?{L}’V?.:'”‘i$%’_ ~<\/p>\n
BKFQREVW  .<\/p>\n
rm; FIORBLE MR.J\u00a3I3’FI{Z:E mama  ._<\/p>\n
comm AmPH.iCA*fI\u00a9EJ,1IC\u00a7\u00a78:24’\u00a3)f\u00a7’-\ufb01\u00e9.-i2$’  <\/p>\n
BETWEEN       a<\/p>\n
OFFICIAL LIQB”f\u00a3’1}3\u00a7’TGR=._\ufb01E’ A <\/p>\n
1-1:’ s. I1*3’ABLI’2s’\u00a7i’?rv 4’3l”\u00a7:e’j\u00a3IV\u00a7}’=i;’!’%\u00a3’\u20ac’~_”.’Li\u00a3’.’;.%\u20ac\u00bb”}T.,E 5.: ;:\u00a5.-‘E ma. ,
\ntn; LIQUIE%ATf.\u00a7{33\u00a7j ‘ ” if .\n<\/p>\n
z\u00bb.TmcImVE%__,T%1’r;3~V.,% “z::::.:.;s; <::::m;=1* " -6::2..\u00a7i xzsmsarmm,
\nIV ma\ufb01a *'B..;;;_E*1"\u00a7.t\u20ac:ra's':g' _
\nImenama .aA::at\u00bb:.,*=-\n<\/p>\n
Bmaamzam 550- Va’3\u00a74:~. ~..__ <\/p>\n
{BY,__;ff.3’R:.BEE’:sr+:\u00e9’ an “.?.JA’1TAR.\ufb01.E, Anvsmz\ufb01s far<\/p>\n
 ” “Qf\ufb01ic”i  l:iquid\u00a3afi:’\u00a2&}\u00a7\u00a7<\/p>\n
1 ”  .\\ .\u00a7i;*;.:F:ET31RY
\n‘KUHCI~\u00a3*3’\ufb01U Gmbmymm\ufb01axam
\nHRRAP LE TELUK,<\/p>\n
‘ AA .–. nAvmm3Ep.E mxsmxcur.\n<\/p>\n
   cams EXEEUTIVE QFEICER,<\/p>\n
GFEICE Q13′ ‘SEE SEE”?-3. ?\u00a7LN\ufb01’-IEXZLTH,<\/p>\n
LGKIFCERE R0315,<\/p>\n
Ci3?\u00a7’. DQIGRABAREE. KENBRA;\n<\/p>\n
EEVANRGERE 57′? E335 …  S<\/p>\n
{BY SRI:IIBA’Z K\ufb01ii\ufb01\ufb01 SINQH,  TE F9171 R1-1′}<\/p>\n
I 3i’)! V<\/p>\n
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2<\/span><\/p>\n
THIS caravans PsE’?L1$2iTIQZ’% IS EILE3″‘VV3’\u00a7EER<\/p>\n
SECTION 446(23 {B} \u20ac33′ TI-E CGMPENIES A\u00a72.T_,’ IE}5~6″,”_<\/p>\n
R592 \u00a3331.38 5 a 9 BF mg campmugazcavmffg  R”\u00a3I’Ij_\u00a3;E:$E;_._W.V
\n1959, FRRYIEG THAT ‘HE mamrmsxw-5 ‘ lF~I\u00a7?.R.T’:|INf_
\nJGINILY mm SEVERE’-ELLE BE $R13,E,1_12:n –!23m-.=:c:tE:’;
\nTet} PAY Til! mm APPLICRH3? :5. Jam\u00bb: “$3: ~p.s-:.< ,_2';e',\u00bb:::V::;s::t;'-"\u00ab
\nWITH INTEREZS'? AT 6% 33?. AI4iemI\u00a3"'m'aQr\u00bbi\u00bb._a\u00a7.{_;'1::\u00e9.V'2.::C;I:\u00a7_:
\nTa TILL TEE mam 02* mm J'\u20ac3";EJG}\u00e9iE}?f W33" i*"UT{L'?\ufb01.E <\/p>\n
INTEREST mm 323.,  V _ V _
\nTHIS CiOMPAN"Y__ APPi.:::\u00e9;*:'1c21~: cams aim FOR<\/p>\n
EIIQJIRY TI-{IS  'I_"fE_ :   THE
\n1=*o:..I.,owm<:-::-  –\n<\/p>\n
Mia:    Limited was
\n   .t1’1′.;'<v:v1"vda=::1' data\u00e9 1.3.2005 'm
\nCe.P.N<:Ai{l\ufb01: h"\/ matter and the
\n   is this Court has been<\/p>\n
     safthe mmpany, by virhm ofthe<\/p>\n
X  44-9 er' the Gamma Act, 1955.\n<\/p>\n
 2;”V’;’IJ1’\ufb01t\u00e9’.Vrespand(ms mam having trade amnmg” with<\/p>\n
‘V V ‘_  pm: tea its liqzzidation. as per the rewards
\n‘    by the aomparry and the detaxis’ handed ever<\/p>\n
  thus m-dimctaara emf tha mmpany in liqukiation, the<\/p>\n
rmpondems we:-5 irxdabtvad to the wmpany a sum of
\nRs.9,1\u00a75,l– as an 31.3.\ufb013.. The G\ufb01cial Lkiu\ufb01atar<\/p>\n
% A
\n‘E xx<\/p>\n
9-, ,
\n ~._\/ ;\n<\/p>\n
. .._.. ………….. V. -‘run Ia-1|r1I\\r’\\ -nun! uvunl \\JI’ IVQRIVHEHRM I””‘oJ’rI     ‘<\/p>\n
3<\/span><\/p>\n
‘aimed mtim to that r&pcendents to pay the <\/p>\n
due by them. In sp\u00e9te mi” service of<\/p>\n
respondenis did not pay the sa\ufb02g,  K 2<\/p>\n
Heznm, this application ia \ufb01led. I<\/p>\n
3. The rsmrds  i’fu,2 <\/p>\n
reptmntixg rwponde%.\u00a7.~i;_  orcii\u00e9f \ufb01r supply
\nof the madam {an   letter dated
\n28.312002.   iatation
\nVida    ca-::xm.n3r had also
\n Q’ the rmmxzxzrlaetnm an
\n2e.4.2cxx.\u00a7 %  at’ the same, the
\n the Ercecutive 05mar3Ta1uIz:a<\/p>\n
. V.  alcmg with the applimt\ufb01an. The
\n   cimrly rm} that the rmpcndmlm<\/p>\n
  L cme%m  W efRs.9,l95i-, aa on 31.3.2093,
\n   ~._4.H’It is argue\ufb01 by Sri Udaykum, mm mama}
\n_’   an bem\ufb01 of the rmpondeuts submim that the
\n% Woc:mpan3,! in Bqsziciatinn had mt imtallcd the Trsta\ufb01ian.<\/p>\n
-=v-vv- an-wva-cu-v -ur- -urwv1u1ur-nur-nn\\r-<\/p>\n
‘””” V.’-‘.f”””” “‘ “””””””‘””‘ ‘””‘-‘” ‘*-V””” V’ INNMVHIHNH Nisan \\..vuIH Ur ISAIGVIHIAIUI mu?! LOU!!! OF KARNAYAKA HIGH<\/p>\n
4<\/span><\/p>\n
‘}’.’he said subxaaiar\u00e9ssrx caxmrt be <\/p>\n
m\ufb01unkws istatzicnn is izmta\ufb02e:i.   ” k
\nthat the reapendomts have
\nand their ata\ufb01 waera <\/p>\n
iaaaued by th\ufb01 O\ufb01malv  by 111::\n<\/p>\n
respondamm is mt     staiammtxt of\nobjections      in this\nmatter  nnt iined any\n :5 tha ab-om, it as mm\nthan    are hua\ufb01le :33 pay a sum\n\n<\/pre>\n
qr R45_~\u00bb’V9′.I4\u00a7?;.~.,!-V_”  in uquiaavgon as an<\/p>\n
 –   1   %%%%% 14 .\n<\/p>\n
‘     has prayed far imgoxitinn of<\/p>\n
xr\ufb01   rate af 13% pm. mm 31.3.2m to<\/p>\n
and at the rate \u00absf 6% ;:\u00bb.a. from 23.2965 to
\n‘4    Same ap\ufb02ra. 1:: be an the  aide,
\n.  rwpsndenm beim the stamwry mxthoritixaa i.e.,<\/p>\n
 \ufb02hayam, be given mxmaam. Amomzxqxy, this<\/p>\n
Cicurt is of the opiniorz that the intwwt at thr: rate at’ 3%<\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court Official Liquidator Of M\/S … vs The Secretary on 4 February, 2009 Author: Mohan Shantanagoudar ~v— — -w–n—-M –an –nu w nan-wunm mun COURT or XARNATAKA HIGH! 1 12:’ TI-E HIGH cmsm’ gr’ KARKATAFZA AT Bmmmas DATEE THIS THE 4%: my my F’EBRE}.i?{L}’V?.:’”‘i$%’_ ~ BKFQREVW . rm; FIORBLE MR.J\u00a3I3’FI{Z:E mama ._ comm […]<\/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-208002","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nOfficial Liquidator Of M\/S ... vs The Secretary on 4 February, 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\/official-liquidator-of-ms-vs-the-secretary-on-4-february-2009-2\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Official Liquidator Of M\/S ... vs The Secretary on 4 February, 2009 - 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