{"id":256017,"date":"2008-07-10T00:00:00","date_gmt":"2008-07-09T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/d-c-m-financial-services-limited-vs-nucor-wires-ltd-on-10-july-2008"},"modified":"2015-03-22T08:27:24","modified_gmt":"2015-03-22T02:57:24","slug":"d-c-m-financial-services-limited-vs-nucor-wires-ltd-on-10-july-2008","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/d-c-m-financial-services-limited-vs-nucor-wires-ltd-on-10-july-2008","title":{"rendered":"D C M Financial Services Limited vs Nucor Wires Ltd on 10 July, 2008"},"content":{"rendered":"
Karnataka High Court<\/div>\n
D C M Financial Services Limited vs Nucor Wires Ltd on 10 July, 2008<\/div>\n
Author: Ram Mohan Reddy<\/div>\n
-1.\n\n\ufb02N13HBH\ufb02mH(X\ufb02HWPC\ufb02NKARRAIAKA,BANGADQRE\n\nDATED THIS THE 10th DAY OF JULY,  \" \n\nBEFORE\n\nTHE HOWBLE MRJUSTICE   T \n\nCOMPANY APPLICATION No_.'156\/296$  1 :\nIN COMPANY APPLICATION NC..9'29V\/2:065\"  k\nIN 00.13. NO.16Q2;',2uO02'---  \" V\n\nBEWNEEN:\n\nDCM FINA'N\u20ac3_IAL sE::\u00a7:v1cEs LIMETED\nCGMPANY R'E(;1.$TER.Ea.,%U\u00ab1~;DER THE\nCOMPAEIES ACT 'i+IAVH'\u00a7G=I'Ff:\"~_\nREGISTEREDAMOFFICE'AT---.___  \n\nNo.75, AMRI'_I'H. NAGAR; \n\nNEW BELHI, REPRE3SE'N'PED\n\n . BY n\"-Es AUTHORISED___SiGNATORY\n\n 'JIJ'AYA1%i'UMA12.\n\n. . APPLI CANT\n\n1.<\/pre>\n
 \ufb01ucd\ufb01 WIRES LTD.\n<\/p>\n
 REPVVBY ITS OFFICIAL LIQUIDATOR<\/p>\n
 ‘ms NUCOR WIRES WORKERS UNION<\/p>\n
 PLVENA BUEDING
\n OPP: KEB OFFICE ANEKAL ROAD
\n‘ JIGANI, BANGALORE 562 106
\nREP BY ITS GENERAL SECRETARY
\nSHRI S.A.SYED<\/p>\n
-2…\n<\/p>\n
3. N.’I’.SABAS’I’1N
\nNo.59\/1, 4TH MAIN
\n1s’r (mess, HAL 111 STAGE
\nBANGALORE 560 075\n<\/p>\n
4. GEORGE JOSEPH
\nR\/A APARTMENT NO.P
\nLAKESHORE MANOR . _
\nGANGADHAR cmzrrv STREET’~~
\nULSOOR, BANGALORE.  A A  A “‘
\n  _ “;1n,REsPoND\u00a39bITS<\/p>\n
THIS COMPANY APPLiCATIQ_i\u00a7i’\u00bb ‘LS FIjjLEd13_U [S 446(2)(B)
\nOF THE COMPANIES A(L5!f_AND RU;LE’;”9 0.1:’ THE COMPANY
\nCOURT RULES PRAYING TC)\u00bb RPERMIT “me APPLICANT TO
\nPRODUCE THE DQ(3UM:EN’\u00a7’S”MENTI{)4N.ED THEREIN.<\/p>\n
“mas Fi\u00e9gv  ‘F’\u00a3a)RVuQR’I3ERS THIS DAY, THE
\neoum %MApe .THE;\u00a7’QLLOWENG_; V  <\/p>\n
In   order dated 31.1.2908, the<\/p>\n
 ~.    application seeking leave of the<\/p>\n
  t,e’~p’red~uce the documents viz, photostat copies<\/p>\n
(if. ‘the  drafts for having made payment to<\/p>\n
  Pvt. Limited, in six numbers and<\/p>\n
A 57  report of DOM \ufb01nancial Services Limited.<\/p>\n
   application by the purchaser deserves to be<\/p>\n
rejected for the following reasons: D \ufb02K<\/p>\n
-3-<\/span><\/p>\n
The learned counsel for the applicant having made<\/p>\n
an application on 31.1.2008 that he would’ <\/p>\n
necessary documents available, has produced  %<\/p>\n
copies of documents purporting  be   l <\/p>\n
paid to Maxon Engineering Pvt.    <\/p>\n
copy of schedule to a dOC~”l:.’1II}._V(31″1tV”    ;<\/p>\n
Though in the appnmson it _is””1nentioned:  it is the
\n13*\u00bb annual report  tl;1e  Services
\nlimited, the documents’   in evidence.<\/p>\n
If the   snbstantiate his claim ) must<\/p>\n
establishlllnl.a_nianne1*.l\u00a7ndWn to law  by producing<\/p>\n
 V.  re1ei$’;antA’IsateT1’ial.con.stjtuting substantial legal evidence<\/p>\n
 “a.fact,~t  in the circumstances admittedly is in<\/p>\n
dispute A  the parties. Having not done so,<\/p>\n
 photosstathcopies are inadmissible. The only explana\ufb01on<\/p>\n
V’ L? Sszjl.S.N.Bhat, learned counsel for the applicantief<\/p>\n
V’   for not producing the original records relating to the<\/p>\n
invoices is that they were reduced to ashes in a \ufb01re<\/p>\n
accident, which is a statement set out in the main<\/p>\n
Nx<\/p>\n
.4-\n<\/p>\n
application. The fact as to whether invoice’; <\/p>\n
reduced to ashes in a fire accident is a matt-if  ”<\/p>\n
decided by this Court. Therefo1’e,””it-is’  2<\/p>\n
accept such explaxlaticn V at A’ S  –. def ” ._<\/p>\n
proceedings.\n<\/p>\n
Reserving liberty  produce such
\nother legal evidamce  law over its
\nclaim, this   rejected.\n<\/p>\n
Sd\/-\n<\/p>\n
Judge<\/p>\n
9..-<\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court D C M Financial Services Limited vs Nucor Wires Ltd on 10 July, 2008 Author: Ram Mohan Reddy -1. \ufb02N13HBH\ufb02mH(X\ufb02HWPC\ufb02NKARRAIAKA,BANGADQRE DATED THIS THE 10th DAY OF JULY, ” BEFORE THE HOWBLE MRJUSTICE T COMPANY APPLICATION No_.’156\/296$ 1 : IN COMPANY APPLICATION NC..9’29V\/2:065″ k IN 00.13. NO.16Q2;’,2uO02′— ” V BEWNEEN: DCM FINA’N\u20ac3_IAL sE::\u00a7:v1cEs […]<\/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-256017","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nD C M Financial Services Limited vs Nucor Wires Ltd on 10 July, 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\/d-c-m-financial-services-limited-vs-nucor-wires-ltd-on-10-july-2008\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"D C M Financial Services Limited vs Nucor Wires Ltd on 10 July, 2008 - 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