{"id":27695,"date":"2008-04-04T00:00:00","date_gmt":"2008-04-03T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/official-liquidator-of-ms-vs-ms-john-distilleries-ltd-on-4-april-2008"},"modified":"2017-09-18T02:22:36","modified_gmt":"2017-09-17T20:52:36","slug":"official-liquidator-of-ms-vs-ms-john-distilleries-ltd-on-4-april-2008","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/official-liquidator-of-ms-vs-ms-john-distilleries-ltd-on-4-april-2008","title":{"rendered":"Official Liquidator Of M\/S … vs M\/S John Distilleries Ltd on 4 April, 2008"},"content":{"rendered":"
Karnataka High Court<\/div>\n
Official Liquidator Of M\/S … vs M\/S John Distilleries Ltd on 4 April, 2008<\/div>\n
Author: Ajit J Gunjal<\/div>\n
 , BBH\ufb01:RLDEE\u00a53:9\n\n o1= KARNAIAKA HIGH cu_xI_ or IIARNATAIM HIGH \u00a3:oun:1' or KARJNAIAKA HIGH COUIRT our KARNATAKA HIGII-I COURT OF KARNATAKA HIGH COUR'\n\nN THE I\"IH3'rI\"I COURT OF K\ufb01.RHATAKA AT BANGMDRE\n\n 1'3!-HE-'1'1-E 4'\"! $1!' DEA!-'EL 2.905  'T\n\nBEFORE   %\nmm H\u00bb::>n~a1.E MR. ..:Us'r1c:E A..nrrJ cauzwa\u00e9x,  Y\n\neommw APPLICATION NO.?931!\u00e9o\u00a7sI%%,  \n\nBETWEFEEN\nDFFIGML LIQUIDATOR mi  t\n\n'lll\ufb02 'I.l'l'f\"\u00a2'nI\"'\\.'l:l'U' ('1'! II. A.\nIII; I0 Iarn'u.|.1..-r:n.I. 1..J.ur.|E!Iw In\n\nnwnusrma Llmrmmm LIQHJ: .  H\n:*\ufb02\"'I'\ufb01r'Z';-m*\"I': Til? EEGH r;\".-.r..'\u00a7\u00a2:*'1\" vT'F \n411; ma:-on, D \nICORAMANGAIA,'-.,B\u00a3i;1'IGHJ4CiRi9e34._ H g %\n\n...APPLIGA1'IT\n\n[BY am1;m'1=aLi::T;.\u00e9:VI:sf\u00a7f.,3 _ H %\n\nfun:\n\n   . . . . . .. ' \nHi} ,j'1'$., EZARGLPALYA,\n\n1I'1I\ufb02f*1-DH'. ]'.'H'|\"\"!,-A\"l\"!a  \nauaww um, \n\nduh!-I' olu'.-'lu'ME.'\n\nI\"I'l!IJ'ITIE'ECH'K.'\ufb02'-_IIu\n| a lS..l!.iB.I\"'EJ.l'IIJlil.Tl-'\n\nH \"  am .rJ::v..j\n\n %:*:%\u00bbj_::+;t_a1!*:s.=gI., FOR 1112: _A_F\"PLI=Ci_A_I~1'Y\u00a3' 1-ms EILED 13.3\n\nH \"  A1-'-;PL1cumoN UNDER swmcmn 44am on um\n\n h'.'r'~m't:n.nm*r1mu Arum inc: nrrrtr n nu mun nnlluauwun\ng'h.uv\"'u.\u00a2'\ufb02l.f.l'Ll.'I.l..iZU\"I.'.F \u00a3'I.'u'J., .I.7U1u|' RUDD 3' V1' l..l.'.l.I;:r UV\n\nJ-H-I'l\"lI.\"1IIl'-ii?\n\n M \u00bb  xgcmum 1 mama, 1959 mama TI-LAT FOR -THE Rmaona\n\n\n\nIOU!-:1 0\"' KRK'NRiI\\KH IHIUHI LIJUKI Ell' Il\ufb02x\ufb02l\ufb02\ufb02l\ufb02\ufb02\ufb02. l'lI\\!l'| LLIUIEI\n\nCOURT or KAIRNATAKA HIGI-I CO\\UR_T or IOKRNAETAKII HIGH COURT or IKARNIATAILA men \u00ab\n\nE-'IATiE'3IEL3' THEHEIN THIS HOITBLE COURT MAY' BE\nI'I:E\ufb01E4ED T0:-  ..\n\nM GRANT it nmnmm IN mavuun up THE  V,\n.+t.:=.A_r1*am:  gzamzznmrr FQE A 3I__J;i!lI''~\u00ab.j_~I13.I*''' .. \nRa. 2,1-mataay- mm mrzemmam on THE aUng.._<:21=*% "\n\nR3. 3,.-3ai"5'a,3iII%n"'T"\u00bb;'-- a''-':'1' &% PER AI'u'HJ"'.u-E FRGM THE-.I\u00ab'}'.{1'L-\u00a7.3.V BF\n\nJUDGHEW, "THE 'F"LT'T""l..TRE  '  \n\n'I'I-IE nrmnmnon LE. 13.2005 *1+rLL~--TH??3  'op\u00e9,  \n\nTHI3 m\u00a21I..'P.-my .-ap1=L1c;.-a~1f';;r:21!\u00a2.r  '1\u00ab..1\u00e9\nI:.s1-r.:'rA:r11m JUDGMENT THIS DAY,*TIjIE_ gztoumf AHADE THE\nF'C1"LLi'J\ufb01i"'1'Ei\ufb01"3:  -    \n\n9.B_D;_E;34 % \n\n'ms is  Section. ++5(2)(h1\n\ncf  ;.\u00b0\\_4::i:-,. '--;L'Ei'."*3f5i""'~a'i\u00a71cl Rule 9 of the\n\nEu\n\nCiompam\u00e9a 4.{i';n:vi1r?;j';L\u00abfq"121r3:aE,A959 far I-'.=.\u00bb.':a-:\u00bb'--5: of ~.~.1~ --\n\nanmmnt _\u00ab:11Ln-:-; t\u00a2:v xtiag  in liquidation payable by\n\n  t:}m rE$1\u00e9\u00e9:i3o2;1a::1ez1t--Cf$it1pa\ufb02y.\n\n r    [in liquidntinrmj was nrd\ufb02 to\n\n   ha  an am-dar dated 13.6.2003 in Company\n\n   mzvagaocaz. The official liqui-c'lator attached\n\n m the proviw ' rm cf Section 449 of tin:\n\nGumymx\ufb01ea Act, 1955 (for short 'Act') .\n\n \n \n\n\n\nCOURT OF KARNATAKA HIGSH COFUAREOF KARNATAKA HIGH C'OUR'|I' OF KARNATAIKA HIGH 'COURT OF KAIENATAKA HIGH COIURT OF KARNACFAKA HIGH COURT\n\n3. Tim map-ondent herein have the ragiatxaresd\n\n9"'-~=. at 1"!\n\nbalul.-I.r|-J\n\nE3\n'.3\n\n-. .--.--.._....---...-....-'-----.----.u. 3\n\n_...." ___.\n\nlg: nf arnnn Q. Mvumg \n\nEmalrare-W G39 and Imci trade 5t}:;\u00ab;,,f  A.\n\nCompany :[in    \n\n4. As per the smmm; afgmam   A\n\nex-diva:-mom at' the company  \nBectknru 4&3-4 \u00abI the Act, "iI;de'\ufb01IV@(iAVVta the\n .5.-I sum__:::sf  the date\n\npwdusmed 53\u00a2   'A11  am-\ufb02ication.\n\n\ufb01n ~ .r'-'1._:'il'\u00a711'15'1"2i'i< ieaaum... u, ts\n\ntn the: sufgxgptah\ufb02szjt on  calling upon him to pay\n\n V-.<;1ue.A. '  raapondecnt aclcrxowledged the\n\n   but however, did mt make any\n\nr\u00e9dflmnf  Mn\nIia\ufb01r .lsJ..'!g.rJL.lI.l.-a .' ' :5; vv\n\n pg :2. tun 4;\u00bb, ad n\u00a2t.i....- and. t.h.t.-2\n\n" ' \u00ab.__\u00e9x*.iumrm~iga:\u00a7 Vgement are ma\ufb01a ava\ufb01abie at  -B\nV'   A hatter datad 2.5.2005 was iaauad\n    mmpondent for pa}rme:t1'I: of the amount due. But,\n\n'A  "   the acknowledmaut nor uncleliwred\n\nA'\n\n_..w-''''\n\n--\/ g- g\n\n \n\n\n\npcmatafa mover was rentrazuadw Hence. the present\n\nmnu\ufb01wmfi :1 '3\n\n"".'r"J.""""'""""" " """' """""' """\nagaiirmi.  rexapondent for a 311121 of ':'<'*.2_,:.~;.'.S.'.~s:.1[_'*---f  ~\n\nir1c1uHiva nf ixateeraat.   \n\n\u00abES.  rmpormdsnm  5:1;Jiii1"iaIi,   V\nLg\u00e9ih\u00e9\ufb02\u00e9 F ._ V  \n\n\ufb01laad mail' atatetmant of  \n\nnntwiathstanding the  have\n\namearagr mid tltw a1A1:.-:::unt_1;o_    ikluidationj.\n\nLIT: I-El WW W A-Nb-I'!-a-'hI.\n\n"'1:-nmnr \ufb01usm-nan.     \nalong with fine:  Sincc than\nrnattew aims:   Fasran held. During that\n\n  Emma of animal liquidator\n\n   . During the cuume of his\n\n.n.;.._-u.u--ln.a-\n\n_. -.A.-............\u00a2. ....I\u00a5' .. .--......\nHl\ufb02 IIKHIL UJ. \ufb02\ufb02\ufb01u\ufb01lllilll\ufb02 W\ufb02\ufb02\n\n\u20ac\n  \u00a7-\nI33\n%:\n\n_   at' the respondent, the Amount:<\/pre>\n
V \u00abCJm::&    ‘ w an RW1 and through him the<\/p>\n
 for the year mammx, :2oo1-m and<\/p>\n
COIJIRT our KA!RNA1’AKA I-IIGIH cO\u00bbUl_tATjOF IOARNATAKA HIGH CIOUR’Il’ or IKARNATAKA I-HGH counar o:= KAIIINATAKA HIGH coma or KARNAIAKA HIGH COURT<\/p>\n
. Qg.____\ufb02n xnming\ufb01 Ls}:\n<\/p>\n
4<\/span><\/p>\n
learned nounaei a.ppea.ring for the o1″\ufb01::ia1 iiquidator. <\/p>\n
L<\/p>\n
M<\/p>\n
w
\n1<\/span>
\nx
\n\\
\nW
\nL<\/p>\n
“.?’.. Mr.D-aepak. learned counsel appearing fpr<\/p>\n
‘.:he’;. :,=~..};.-:p.\u00a3eu1t,,*’ e.f.Fi..u\u00ae.l 1iqui:1.a.?.9r !I.1.;1′.rm_i.\u00a7 t_.h:,.t
\nmgarc.-I tn Ith\ufb01 extzraazst of the ancuunta ma-:1-3   .
\nEJr.P\ufb02.;. it is abunriantly char that ..r1\u00bb;g   I
\nliable to pay tlw amt’.-unt
\na\ufb02caaatinn. Heme, ttm   I<\/p>\n
my” WWI. I<\/p>\n
84.. Isri J.   apps-aritg
\nmutant. drjga     for which the
\n    submit: that
\ntha   aoooum. extract which<\/p>\n
_ c.I-5-.e.r1!:r\u00a7II.\u00a7I.”v.;~*..1ru.:..=’  Q.f.I1_\ufb02’&l.,_I1t W31-   tn ‘rim<\/p>\n
A’=_c::r:=’11::g:1sz=;.n’1\u00a7,IV’i;ht.1  as am: wu<\/p>\n
._ …. .’l ……1…_._1  .I”_.’I1 .’I..n<\/p>\n
  m+~m=ed m :2’<\/p>\n
 Indaed, Ex.F1 is  but an <\/p>\n
  idI5.Vth\u00a2\u00e9IjI..I.ia.c::ount which am mt disclose the period for<\/p>\n
 me tramactinne have 1:a1ce:r1 place. Indeed,<\/p>\n
  ” Wvcrhexmrer an application or a suit is \ufb01led for reaoouery of A<\/p>\n
I COURT GIF KARNAIIAKA HIGH CODURTIAOF KARNA1-AKIA HIIGH COURT OF KARNATAIKA I-IIIGH COUIRT OIF KAIINATAKA HIGH COURT OF KILRNATAKA HIGH COURT<\/p>\n
‘ I’<\/p>\n
COIJIRT O*F KAJRNATAKA HIGH COURT ‘0!’ IGIRNATAKA HIGH UDUKII Ur !|\\AIm:AIAI\\A I1|uHIL.uuIIu UI’ I\\.nII’.NAu=utA l’llI:I’I’l Lululu Ur IUILIINAIAKA I-lltii\ufb02 COURT<\/p>\n
t1-1e amour1t. an the basis \u00abof the aocuunta one is<\/p>\n
,~,<\/p>\n
 \ufb01g Pg-nxm ‘|’-1-mg-_ 1_-‘_|_’-I5 an-M-1:  1;__g_a nrar-:n1:-rig;<\/p>\n
-I-or van -a–nun an –vac-wt-u-_’ ——-r —\\.<\/p>\n
\ufb01lixm azui that it ‘I ia for a   A-\n<\/p>\n
Apparwltljr, a perusal of the at.atement,qf     V<\/p>\n
ram: dimlassa thus: period far which   Vf<\/p>\n
takzelzi. 1:u1am=.=:.. It is 91113 a <\/p>\n
\u00ab:n+ rl-xun-lama in an +1-14:. maid fuanea\ufb01fig-IP33 n-IIK . ,1n’\ufb02nfhI:
\n‘d ‘In! “\u00a3]:”If’J-3 I-H51′  B5131′ “:l?’lI In 2′  Cid’<\/p>\n
and tizey are    of any
\nmaterial in anpwijngat   time with
\nregard to   have tnioen
\npmutzz.-e:.–,a I     extract will not<\/p>\n
.4\u00bb: ..__:-_’ .. .. “r,.1..;..  T… 1:…………….. 1’… .:… 1… 4… 1….
\nI all-\n<\/p>\n
1__ ‘……_’ ‘… .. _. .. ..\n<\/p>\n
um  Ll -_u–_gJ.u,r_.’ nus. .Ia nu:-u In nu:<\/p>\n
nu\ufb01ceai   have made ava.11n’ blue the<\/p>\n
 period of three years,
\n  natural izrannactinns have taken<\/p>\n
  1\u00bb-a’Hann\u00a3u,’\u00a5”Qn1tu’na:’r;|5I’:~1?\u00b0I;hn ngmnnmr 1′-I-1 ‘I1′.-|1’n’r~’u: A31 1:: All 1:: f’hA<\/p>\n
.H.HJha”\\..~’-.h-IJ’uVv,V.#’~\ufb01.IJ-,.’I.nI\u00a3’v ‘Ia! \u00abIla. -LII:-I nu. uumunuuv in” viva: uuur mun\u00bb-
\nJ.”  _ . r”-V *1<\/p>\n
-4 j;-v’\u00ab\u00ab.\u00a3Esp0mmi\u00a7’sx:;i1~ am 911 tha amnunta which are  to
\n   paid through the Bank by way of demand
\n “i|i’h.’i.Ch would reflect the speci\ufb01c case of the<\/p>\n
COURT OF KARNAF’ i’-{A HIGH COURT’ OF IIARNATAIIIA HIGH CIOUl’.’l’ OF KARlNA’I’A.KA HIGH COIJIRT OIF KARNATAKA HIGIH COURT 0? KLASINATAKA HIGH COUR’<\/p>\n
f .L1.;…’ ….i J  A ……..”..2|I<\/p>\n
Ml I-imfmg panl\ufb01ed the application, <\/p>\n
aural aaunv\ufb02. \u00abclommnnnmnr, I am at’ 1115 vim V.<\/p>\n
applic-.a.’n1; has failed to prove that the   M<\/p>\n
-I 1r-nun<\/p>\n
Qnfnrngcny Lg Q11 7- \u00a3111}! nrnn1;__1_’11_; 3mg 3   <\/p>\n
In\ufb01ami. it is to be noticwaci  axi::’1″a<\/p>\n
Hmymm. High Court in t]f1I1E:”V’Vi5;?=T;\ufb02:xB”!?2′-(hf
\nPRO1I31J..?CT’S LIMITEI.)   EMJAY<\/p>\n
EPIGINEE-RRIG En1*ERPRISE$HkeiporteajH1%%% company’<\/p>\n
Ill\ufb02-I<\/p>\n
5.4.3…. 52′.\n<\/p>\n
. E \u00ab
\n:34,<\/p>\n
.V  r I
\na.-…==. an 9. c…….’-“‘-‘-<\/p>\n
pcxtiticvn   tor agains’ 1; the
\nr’a13pcu1:ndx{:11t,._   x;f money due to the<\/p>\n
mmpany “iz1 ‘  goods supplied to the<\/p>\n
V xwas;;x1;r1\u00a7cEu:-:11:  inmioe, the respandant repudiated<\/p>\n
__ an _ .n’I.n…nn..l.a..J ‘I.-u.pu.uJ.u-1.4-qr .nun:g.\u00a2u’nnu..J \u00abII… arnnaidn ‘OF!
\n JJ-11.3  ‘u|.c9-I-‘Dial. 1 VII. I.”35’o.I\u00a7.l Inl-W WURD -Uul.<\/p>\n
5%
\n3’ 2
\n%<\/p>\n
was sought ta be \ufb01zsmned on the ressponderrtt<\/p>\n
$7<\/p>\n
m
\nJ-‘<\/p>\n
|<\/p>\n
COURT OF KARNATAKA HIGH CCDURTV OF l(}ARNI\\TAK:A HIISH COURT OF KASZNATAIKA HIIGI-I ‘COURT OIF KAIENAIAKA HIGH COURT OF IUKRNACTAKAL HIGH COURT<\/p>\n
3u\u00a3e.l’y on the basis of mines in the books surf .
\natzmauivtt. It is :51 smiled prinaipla oflmu that nag;  <\/p>\n
pt\u00e9raon can be charged, with liability
\nthe basis: of entries in the books of  H<\/p>\n
mien where such books of    .V
\nthe regular mums? ofhusitw\ufb01sf <\/p>\n
Erna _fi,a-fiwr euizianw in \u00bbp_mve”—-:Ir’:\u00e9 Raj’  <\/p>\n
vi-rn\ufb01 I-:3;    R
\nI am in respact\ufb01\ufb02’\ufb02Er8mV%  R  decision
\nremdeur-mi by   RI-Iigh Court.\n<\/p>\n
a snowman” -n. 1-nn—an -an —-u-r-u–‘p———-<\/p>\n
Wm M    \u00a5:ir\u00e9.:;1_1.mnf um: 91′ :1:-3<\/p>\n
case. I aim n:ii”~  application does nut<\/p>\n
merit   , application sta.ndu<\/p>\n
E?’ 03
\nE? Q!
\n(D ‘<\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court Official Liquidator Of M\/S … vs M\/S John Distilleries Ltd on 4 April, 2008 Author: Ajit J Gunjal , BBH\ufb01:RLDEE\u00a53:9 o1= KARNAIAKA HIGH cu_xI_ or IIARNATAIM HIGH \u00a3:oun:1′ or KARJNAIAKA HIGH COUIRT our KARNATAKA HIGII-I COURT OF KARNATAKA HIGH COUR’ N THE I”IH3’rI”I COURT OF K\ufb01.RHATAKA AT BANGMDRE 1’3!-HE-‘1’1-E 4′”! $1!’ DEA!-‘EL […]<\/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-27695","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nOfficial Liquidator Of M\/S ... vs M\/S John Distilleries Ltd on 4 April, 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\/official-liquidator-of-ms-vs-ms-john-distilleries-ltd-on-4-april-2008\" \/>\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 M\/S John Distilleries Ltd on 4 April, 2008 - 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