The Karnataka Theatres Limited vs. Gautam R. Padival
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Order Issued After Hearing
Purpose:
First Hearing
Listed On:
15 May 2023
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Order Text
ITEM NO.13 COURT NO.2 SECTION XVII
S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS
CIVIL APPEAL Diary No(s). 5973/2023
CHARISMA BUILDERS Petitioner(s)
VERSUS
GAUTAM R. PADIVAL & ORS. Respondent(s)
( IA No. 52844/2023 - APPLICATION FOR PERMISSION IA No. 49424/2023 - CONDONATION OF DELAY IN FILING IA No. 49423/2023 - STAY APPLICATION)
WITH
Diary No(s). 5899/2023 (XVII) ( IA No.83289/2023-CONDONATION OF DELAY IN FILING and IA No.83292/2023-CONDONATION OF DELAY IN REFILING / CURING THE DEFECTS and IA No.85334/2023-PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES)
Date : 15-05-2023 These matters were called on for hearing today.
CORAM :
HON'BLE MR. JUSTICE SANJAY KISHAN KAUL HON'BLE MR. JUSTICE AHSANUDDIN AMANULLAH
For Petitioner(s) Mr. Abhishek Manu Singhvi, Sr. Adv. Mr. Dhruv Mehta, Sr. Adv. M/S. Veritas Legis, AOR Mr. Ananga Bhattacharyya, Adv. Mr. Rohit Rao N, Adv. Mr. Vatsal Anand, Adv. Ms. L. Nidhiram Sharma, Adv. Mr. S. S. Naganand, Sr. Adv. Mr. Venkita Subramoniam T.R., AOR Mr. Raghavendra S. Srivatsa, Adv. Mr. Rahat Bansal, Adv. Mr. Likhi Chand Bonsle, Adv. Signature Not Verified
| For Respondent(s) | Mr. Gopal Sankaranarayana, Sr. Adv. | |
|---|---|---|
| Mr. Aditya Verma, AOR | ||
| Mr. K. Rigved Prasad, Adv. |
Mr. Utkarsh Joshi, Adv. Ms. Shivani Vij, Adv.
UPON hearing the counsel the Court made the following O R D E R
Delay condoned.
Application seeking permission to file additional documents/facts/annexure is allowed.
Admit.
Both the appeals have been filed by the successful bidder as well as the Company while the respondents before us are the contesting shareholders.
Issue notice, which is accepted by learned counsel for the respondents. Service be completed.
Learned counsel for the appellant to file additional documents which are stated to be on record before the NCLAT. Needful be done within two weeks, as prayed.
Learned counsel for respondent seeks to file reply. Reply be filed within four weeks thereafter.
Rejoinder, be filed, within two weeks thereafter.
No fresh Joint Development Agreement (JDA) would be entered into pursuant to the impugned order.
The shareholding position as on date be also not altered for the time being.
List on the regular board on Wednesday in the Month of October, 2023.
(RASHMI DHYANI PANT) (RANJANA SHAILEY) COURT MASTER COURT MASTER (NSH)
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