THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.1673 of 2011 In R.C.C.No.2 of 1997 25th November, 2011 Between :- Kotak Mahindra Bank Ltd., Having its Branch Office at 1st Floor, Heera Pradise, 487, 9th Main Road, Jayanagar, 4th Block, Bangalore .. Applicant And M/s.Godavari Ceramics Ltd., (In Liqn) Rep.by its Official Liquidator, High Court of Andhra Pradesh, Hyderabad and others .. Respondents THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.1673 of 2011 In R.C.C.No.2 of 1997 ORDER:- This an application has been filed by Kotak Mahindra Bank Limited under Section 592A of the Companies Act, 1956 read with Rule 9 of the Companies (Court) Rules, 1959, to come on record as respondent No.3 in place of ICICI Bank Ltd. Heard learned Counsel appearing for the applicant and the learned Counsel appearing for the Official Liquidator. Mr.H.Ramesh Kumar has sworn to the affidavit filed in support of the application. It is stated in the affidavit that ICICI Bank has entered into a Deed of Assignment dated 29-9-2004 with the applicant herein and assigned all its rights, title, interests and benefits in respect of its claim together with security interest therein. The Official Liquidator placed on record his report. In para 6 of the report, it is stated that the Official Liquidator has no objection for substituting Kotak Mahindra Bank Limited in place of ICICI Bank as secured creditor of the Company (in liqn). In that view of the matter, the application is allowed. No costs. ________________________ B.Seshasayana Reddy, J 25th November, 2011 smr