IN THE HIGH COURT OF KARNATAKA AT BANGALORE DATED THIS THE 1’ DAY OF DECEMBER, 2003 PRESENT THE NON’ BLE MR. JUSTICE S.R.NAYAK AND THE HOW BLE MR. JUSTICE RAM MOHAN REDDY MISCELLANEOUS FIRST APPEAL NO.2656 OF 2003 C/W M,F.A,NO.2657/2003 INMFA.NO.265JQ APPELLANT YASHASWI LIMITED SF- 10, CITY POINT INFANTRY ROAD BANGALORE-560 001 REPRESENTED BY ITS CHAIRMAN SRLN.NIRANJAN (BY SRIYUTHS: UDAYA HOLLA, P.MANJUNATH, ADITYA SONDHI, VIVEK BAJAJ, ADVOCATES) -vis RESPONDENTS 1. PRABHAKAR S G, MAJOR NO.11/i, MANKANNA GARDEN SWASTI CROSS ROAD SHANTHINAGAR BANGALORE-560 027 Copy :scjfl( eitrr High Cowi of Krriatak E3angalore 56th 001 -:2:- MFA.N0.2656/2003 C/W MFA.N0.2657/2003 2. SUJATHA R MURTHY, MAJOR KONARK VEGITARIAN 50, RESIDENCY ROAD BANGALORE -25 3. K RAMAMURTHY.K., MAJOR KONARK VEGITARIAN 50, RESIDENCY ROAD BANGALORE-560 025 4. K SATHYAVATHI, MAJOR NO.39, 3RD MAIN ROAD CHAMARAJPET ,BANGALORE-560 018 5. K JAYA, MAJOR C/O T RAMAKRISHNA HATWAR AREBELLU, POST THEKKATTE KUNDAPUR TALUK (D.K.) 6. KAMALA RAO.P.N., MAJOR NO.5, 4TH MAIN III CROSS, SAMPANGINAGAR BANGALORE-560 027 7. K ANANDA RAO, MAJOR NO.5, 4TH MAIN III CROSS, SAMPANGINAGAR BANGALORE-560 027 8. N P ASHWINI, MAJOR SHRI KRISHNA’ NO.175 2ND MAIN, 3RD CROSS CHAMRAJPET, BANGALORE Baiigaore 56L 001 -:3:- MFA.NO.2656/2003 C/W MFA.NO,2657/2003 9. C S RANGANATH, MAJOR Sb C.S.SEETHARAM NO.54, II B MAIN ROAD BASAPPA LAYOUT GAVIPURAM EXTENSION BANGALORE-560 019 10. LOUIS J FERNANDES, MAJOR 403A, VRINDAVAN YOSHODHAM NORTH BEHIND DINDOSHI BUS DEPOT MALAD (EAST) MUMBAI 97 Ii. MS ASSUMPTA FERNANDES, MAJOR 403-A,VRINDAVAN YOSHODHAM NORTH BEHIND DINDOSHI BUS DEPOT MALAD (EAST) MUMBAI-97 12. SARVOTHAM K PAT, MAJOR KOTESHWARA KUNDAPURA 13. T R SUNANDA, MAJOR 250/1, OUTHOUSE III MAIN ROAD 2ND CROSS, CHAMRAJPET BANGALORE-560 018 14. K PRAKASH RAO, MAJOR HOTEL MANASA BANK STREET, KOTI HYDERABAD “4 Copy t 1crrr H i1i• (..ouri Of ].. .U 3ngaore 5u;C(fl -:4:- MFA.NO.2656/2003 C/W MFA.NO.2657/ 2003 15. S RANGANAYAKAMMA, MAJOR SITA, NEAR CHACHA NEHRU PARK VINOBHANAGAR, II BLOCK SHIMOGA -577 204 16. P RAMESH HERLE, MAJOR PUBLIC TELEPHONE BOOTH SALIGRAMA, UDUPI DISTRICT 17. P RAMESH HERLE, MAJOR PUBLIC TELEPHONE BOOTH SALIGRAMA, UDUPI DISTRICT 18. P RAMESH HERLE, MAJOR PUBLIC TELEPHONE BOOTH SALIGRAMA, UDUPI DISTRICT 19. N S VADIRAJA, MAJOR NO.54, ASHIRWAD 7TH MAIN, NEW SARASWATHIPURAM, KAMAKSHI, HOSPITAL ROAD MYSORE 20. GEETHA VADIRAJA, MAJOR NO.54, ASHIRWAD 7TH MAIN, NEW SARASWATHIPURAM KAMKSHI, HOSPITAL ROAD MYSORE 21. BHAGYASHREE, MAJOR M/G & D/O GEETHA VADIRAJA NO.54, ASHIRVAD’ 7TH MAIN, NEW SARASWATHIPURAM KAMAKSHI, HOSPITAL ROAD MYSORE Cop i1r r, I- ( f I 3aniorC 5M Ofl 1 -:5:- MFA.NO.2656/2003 CJW MFA.NO.2657/2003 22. K ANANTHA PADMANABHA HEBBAR, MAJOR RETIRED TEACHER, P.O.KONI KUNDAPURTALUK 576 217 23. T RAMAKRISHNA HATWAR, MAJOR 5/0 MR.T NARAYANA HATWAR ARYBAIL, THIKKARA 24. T GULABI, MAJOR ARYBAIL, THIKKA1TE KUNDAPUR TALUK 25. H SHESHAGIRI HEBBAR, MAJOR C/O POST MANGALORE KUNDAPUR TALUK 26. T GULABI, MAJOR ARYBAIL, THIKKAT1’E, KUNDAPUR TALUK 27. PRASANNA KUMAR, MAJOR S/O NARAYANA HEBBAR KOTESHWARA POST KUMBRI, KUNDAPUR TALUK 576 222 28. MR.PRASANNA, MAJOR KOTESHWARA POST, KUNDAPUR 29. M/S NAGARATHNAMMA, MAJOR C/O MR.RAMAKRISHNA BHAT HOUSE BEEJADI, POST KOTESHWARA KUNDAPUR TALUK 576 222 (BY SRI.M.ANANTH BRAT, ADVOCATE FOR R2, R3, R4, R5, SRJ,P.M.NAYAK, ADVOCATE FOR R8, R14, R16, 17, 18, 27, 28, 22, 23, 24, 26, SRI.B.V.MANJUNATH ADVOCATE for R13, SRI.A.SHAMSUNDAR ADVOCATE for R19, R20, R21, SRI,K,V.SHENOY, ADVOCATE FOR R12) Copy \s:; nt (: r i of f3aaift O1 -:6:- MFA.NO.2656/2003 C/W MFA.NO.2657/ 2003 APPELLANT YASHASWI LIMITED, SF - 10, CITY POINT, INFANTRY ROAD, BANGALORE -560001 REP. BY CHAIRMAN SRI.NIRANJAN.N (BY SRIYUTHS: M/S HOLLA & HOLLA, PATIL AND NETI’AR, B.MANJUNATH, P.SRIMATHI, ADITYA SONDHI, UDAYA HOLLA, ADVOCATES) _vIS RESPONDENTS 1. THARA HATWAR, MAJOR NO.30,60 V1’.ROAD, BHOOPSANDRA EXTENSION RMV II STAGE, B’LORE-94 2. B LEELAVATHI, MAJOR NO.16,111 MAIN, III PHASE, J P NAGAR WLORE-78 3. GANAPATHAIAH G N, MAJOR MINTO EYE HOSPITAL CHAMARAJPET, B’LORE 4. DAMODHAR RAO B D, MAJOR C/O SRI.VISHNUBHAVANA M L ROAD, MAI’DYA 5. VENKATESH MURTHY H 5, MAJOR NO.122, 25TH A CROSS III BLOCK EAST, JAYANAGAR BANGALORE ““7 Copy H (..( 1. i1 .)f ore -:7:- MFA.NO.2656/2003 C/W MFA.NO.2657/ 2003 6. VENKATESH MURTHY H S, MAJOR NO.122, 25THA CROSS III BLOCK EAST, JAYANAGAR BLORE 7. G N NAGAPPAIAH, MAJOR SRI GANESH NILAYA 252/A, II STAGE, II BLOCK 3RD C CROSS, BASAVESHWARANAGAR B’LORE-79 8. SANDHYA B, MAJOR 122, 25 A CROSS, III BLOCK EAST JAYANAGAR, B’LORE- 11 9. INDIRA K V, MAJOR C/O MANJUNATH RAO ANKADOKATTE POST KOTESHWARA, KUNDAPURA TALUK 10. BLACEIOUS DSOUZA, MAJOR S/O LATE MR.LUCOS DSOUZA ST.MARTHA HOUSE, SHIVALLI POST VIA KUNJIBETT’E UDUPI 576 102 11. RAMANATHAN M, MAJOR NO.5, 1ST CROSS II PHASE, 24TH MAIN, J P NAGAR, BLORE 12. LAKSHMI AMMAL M, MAJOR NO.5, ICROSS II PHASE, 24TH MAIN, J P NAGAR, B’ LORE-78 . cgtr’-. Hi Couri uf Karnatak. E3anCiore 560 001 r’. MFA.NO.2656/2003 C/W MFA.NO.2657/ 2003 13. RAMANATHAN M, MAJOR M.RAMANATHAN NO.5, 1ST CROSS II PHASE, 24TH MAIN, J P NAGAR, B’LORE 14. G N NAGAPPAIAH, MAJOR SRI GANESH NILAYA 252/A, II STAGE, II BLOCK 3RD C CROSS, BASAVESHWARANAGAR BANGALORE-79 15. GANAPATHAYYA G N, MAJOR MINTO EYE HOSPITAL CHAMARAJPET, WLORE 16. SHANTHAGN,MAJOR NELLIKOTE BALIHOLE POST MUDIGERE TQ, CHICKMAGALUR 17. SUJATHA, MAJOR W/ 0. G. N. GANAPATHAIAH NO.4/6, EAST STREET SHANTHINAGAR, WLORE-27 18. VASUDEVA RAO K, MAJOR NO.4/6, EAST STREET SHANTINAGAR, B’LORE27 19. RAVINDRA H B, MAJOR NO.14, RAVINDRA NAGAR 4TH CROSS, SHIMOGA 20. BABURAOH,MAJOR AGRICULTURIST HOBBENAVALLI VILLAGE SHIMOGA 577 222 ““9 su, Hih Cou1 of n:tak. Baigtore 5kU 001 -:9:- MFA.NO.2656/2003 C/W MFA,NO.2657/2003 21. VISVESWARAIAH CS, MAJOR NO.3154, ADVOCATE A T STREET, SRIRANGAPATNA MANDYA 22, B S SEEMA, MAJOR NO.13 (11), I CROSS H SIDDAIAH ROAD REDDY QUARTERS WLORE-27 23. C S KRISHNA MURTHY, MAJOR NO.67 1, CH-5, LAXMI KRUPA KUMBARAGERI 3 CROSS CHAMARAJA MOHALLA N.S.ROAD, MYSORE 570 024 24. K VANAMALA, MAJOR CHANNA BASAVESHWARA NAGAR III CROSS, SADHANA BUILDING UPPER HALLI, TUMKUR 25. P RAMESH HERLE, MAJOR PUBLIC TELEPHONE BOOTH BUS STAND KOTA UDUPI DISTRICT 26. P RAMESH HERLE, MAJOR PUBLIC TELEPHONE BOOTH BUS STAND KOTA UDUPI DISTRICT 27. P RAMESH HERLE, MAJOR PUBLIC TELEPHONE BOOTH BUS STAND KOTA UDUPI DISTRICT Cop ut ‘Ea14Laiore 5B( i) I -: 10:- MFA.NO.2656/ 2003 C/W MFA.NO.2657/2003 28. P RAMESH HERLE, MAJOR PUBLIC TELEPHONE BOOTH BUS STAND KOTA UDUPI DISTRICT 29. B N NAYAK, MAJOR NO.2-146/7, AMBIKA NAGAR, KULKUR KAVOOR ROAD P0 KAVOOR, MANGALORE 575 015 30. NARAYANA, MAJOR H.NO. 1670/55, 1ST MAIN, II CROSS NEAR RAILWAY STATION KENGERI, UPPANAGAR B’LORE-60 31. U R BHAT, MAJOR SITARA MAIN ROAD, AMBALPADY, UDUPI 576 103 32. HARIOM,MAJOR S/O.H.GOPALAKRISHNA ACHARYA UPSTAIR,, KRISHNAMURTHY COMPOUND, II CROSS, K.R.EXTENSION, TUMKUR 33. SRISHA, MAJOR S/O.K.G.SEETHARAMA RAO KRISHNA KRUPA DOORNO.7, KRISHNA PRAKASH K.R.EXTENSION TUMKUR 575 101 Copi ‘str ‘. Hjh ‘ou:i of Banalore 5t cxi -:11:- MFANO.2656/ 2003 C/W MFA.NO.2657/2003 34. K G SEETHARAMA RAO, MAJOR S/O.K.S.GOPALA KRISHNA RAO KRISHNA KRIPA BIDARAMANE THATrA, TUMKUR 35. K S SAVITHA, MAJOR W/O.K.G.SEETHARAMA RAO SEETHARAMA KRUPA DOOR NO.22, K.R.EXTENSION TUMKUR 572 101 36. VARALAKSHMI VAIDYA, MAJOR W/O PRADEEP KUMAR VAIDYA POACCKYMORI JABALPUR (M P) 37. B N MANJUNATH, MAJOR NATIONAL AWARDEE NARAYANA KRUPA RAILWAY STATION ROAD GANDHINAGAR, TUMKUR 572 102 38. VASUDEVA, MAJOR PANDURANGA NILAYA UPSTAIRS, 4TH CROSS K.R.EXTENSION TUMKUR 572 101 39. VENKATESH D R, MAJOR BRINDAVANA 3RD CROSS VIYANAGAR, TUMKUR 572 102 40. B R NAGESH, MAJOR C/O.SRI RAMA RAO PROP.HOTEL 12 Copv\ ; j3aIore ijki.•• I -:12:- MFA.NO2656/2003 CIW MFA.NO.2657/2003 KSRTC BUS STAND TUMKUR 41. GEETHA,MAJOR GANJAPPA BUILDING SHANTINAGAR, TUMKUR 572 101 42. K JAGANATH RAO, MAJOR NO.266, SRI RAMAKRISHNA NEAR MAGISTRATES COURT SRIRANGAPATNA 43. RUKMINI NAVADA, MAJOR NARASIMHA NILAYA B B ROAD, KUNDAPUR TALUK 576 201 (BY SRLM.ANANTH BHAT, ADVOCATE FOR Ri AND R2 SRI.MITrY NARASIMHA MURTHY, ADVOCATE FOR R5, R6, R8, Ru, R12, R13, SRI.P.M.NAYAKFORR3, R15, R4, R7, R14, R9, R17, R19, R20, R18, R21, R22, R23, R25, R26, R27, R28, R29, R33, R34, R35, R37, R40, R42) These MFA’s Filed U/S 10 of the Companies Act, against the Common Order dated: 14.2.2003 passed in CA’s No.YAL.1- 25/58A(9)/SRB/2002 and CA’S.No.YAL. 1 3/58A(9)/SRB/2003 on the file of the Company Law Board, Southern Region Bench, Chennai, ordering that the Company shall repay the deposits together with the upto date interest at the contracted rate and the filing fee to the applicants/respondent. \;tflt e1r T Ba1iPiJ1C 5U (s) -:13:- MFA.NO.2656/2003 CJW MFA.NO2657/2003 These MFA’s coming on for Orders this day, the Court made the following: ORDER Heard. No good ground to vacate the interim order. IA-ll/03 is dismissed. Interim Order is made absolute. Finally, two weeks time is granted to take steps, failing which the appeal shall stand dismissed for non-prosecution without any further orders from the Court. Post this appeal for final hearing immediately after service of notice on all respondents is completed. Post a/w MFA.No.4203/2003, 434 1/2003 & 5949/2003 Sd! JUDGE. Sd/ JUDGE. TBy:MG R By: t. CBy: Cop 1 ssint yZ.e!.it.rr, T Bangalore 56( 00 i