THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.989 of 2011 26th August, 2011 Between :- M/s.Monarch Finlease Limited (in Liqn) Rep.by the Official Liquidator, High Court of Andhra Pradesh, Hyderabad .. Applicant THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.989 of 2011 ORDER:- This application has been taken out by the Official Liquidator representing M/s.Monarch Finlease Limited (in Liqn) under Sections 38 to 40 of CPC read with Order XXI Rules 5 and 6 of CPC and under Rule 9 of the Companies (Court) Rules, 1959 seeking transfer of the Decree dated 3-2-2010 made in C.A.No.2009 of 2009 in C.P.No.173 of 2001 to the file of the District Court at Dakshina Kannada, Karnataka State, for execution as the Judgment Debtors come under the jurisdiction of Dakshina Kannada, Karnataka State. This Court by an order dated 12-2-2002 made in C.P.No.173 of 2001 appointed the Official Liquidator attached to this Court as Provisional Liquidator of M/s.Monarch Finlease Limited. Subsequently, the Company was directed to be wound up and the Official Liquidator attached to this Court was appointed as its Liquidator. The Official Liquidator representing the Company (in Liqn) filed C.A.No.2009 of 2009 under Section 446 (2) of the Companies Act, 1956, against Abdul Jabbar and two others for recovery of an amount of Rs.19,326/- along with interest at 36% per annum w.e.f., 27- 9-2011 till the date of realization. The said application came to be allowed granting the Decree for Rs.19,325/- with interest thereon. The Judgment Debtors failed to satisfy the Decree dated 3-2-2010 passed by this Court in C.A.No.2009 of 2009. The Judgment Debtors come within the jurisdiction of Dakshina Kannada, Karnataka State, and therefore this application has been filed seeking transfer of Decree to the file of the District Court at Dakshina Kannada, Karnataka State, for execution. Heard learned Counsel appearing for the application and perused the material brought on record. Since the Judgment Debtors are stated to be residing within the jurisdiction of the District Court at Dakshina Kannada, Karnataka State, this application is allowed and accordingly the Decree granted in C.A.No.2009 of 2009 is transferred to the District Court at Dakshina Kannada, Karnataka State for execution. Accordingly, this Company Application is allowed. _________________________ B.Seshasayana Reddy, J 26th August,2011 smr