J.C. Flowers Asset Reconstruction Co. ... vs Manikantan A M

Citation : 2025 Latest Caselaw 9826 Kant
Judgement Date : 5 November, 2025

Karnataka High Court

J.C. Flowers Asset Reconstruction Co. ... vs Manikantan A M on 5 November, 2025

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                                                             NC: 2025:KHC:44598
                                                       CRL.A No. 2014 of 2024


                      HC-KAR




                        IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                             DATED THIS THE 5TH DAY OF NOVEMBER, 2025

                                             BEFORE
                               THE HON'BLE MR. JUSTICE G BASAVARAJA
                               CRIMINAL APPEAL NO. 2014 OF 2024 (A)
                      BETWEEN:

                      J.C. FLOWERS ASSET
                      RECONSTRUCTION CO. PVT. LTD.,
                      (ACTING IN ITS CAPACITY AS
                      TRUSTEE OF JCF YES TRUST
                      2022-23/1)
                      A COMPANY INCORPORATED
                      UNDER THE COMPANEIS ACT, 2013, AND
                      REGISTERED AS AN ASSET
                      RECONSTRUCTION COMPANY PURSUANT,
                      TO SECTION 3 OF SARFAESI ACT, 2002,
                      AND HAVING ITS REGISTERED OFFICE AT,
                      12TH FLOOR CROMPTON GREAVES,
                      HOUSE, DR ANNIE BESANT ROAD,
                      WORLI, MUMBAI, MAHARASHTRA, 400030
                      REPRESENTED BY ITS AUTHORIZED
Digitally signed by
AASEEFA               SIGNATORY, MR MANIMARAN S
PARVEEN                                                            ...APPELLANT
Location: HIGH        (BY SRI S SUSHANT VENKATESH PAI.,ADVOCATE)
COURT OF
KARNATAKA             AND:

                      MANIKANTAN A M,
                      AGED MAJOR,
                      NO. 16, 3RD CROSS, MOTAPPA LAYOUT,
                      ANANDAPURA VARANASI,
                      KRISHNARAJAPURAM, NEAR MOTHER,
                      TERESA SCHOOL, BANGALORE - 560036.

                      ALSO AT:
                      MANIKANTAN A M,
                      AGED MAJOR,
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                                        NC: 2025:KHC:44598
                                    CRL.A No. 2014 of 2024


HC-KAR




KRAYONS INTERIOR SYSTEMS PVT LTD,
NO.43, P M COMPLEX, 3RD FLOOR,
CAMBRIDGE LAYOUT, ULSOOR,
BANGALORE - 560008.
                                            ...RESPONDENT
(VIDE COURT ORDER DATED 05.11.2025,
 NOTICE TO RESPONDENT IS DISPENSED WITH)

     THIS CRL.A IS FILED U/S 378 CR.PC (FILED U/S 419 OF
BNSS) BY THE ADVOCATE FOR THE APPELLANT PRAYING THAT
THIS HONOURABLE COURT MAY BE PLEASED TO1) SET ASIDE
THE IMPUGNED ORDER DATED 19.08.2024 PASSED BY THE
LEARNED XIX ADDL. CMM AND ADDL. SMALL CAUSES JUDGE,
CITY    CIVI   COURT,     BENGALURU      (SCCH-17)    IN
C.C.NO.7261/2021.     2)     CONSEQUENTLY        RESTORE
C.C.NO.7261/2021 TO THE FILE OF THE LEARNED XIX ADDL.
CMM AND ADDL. SMALL CAUSES JUDGE, CITY CIVIL COURT,
BENGALURU    (SCCH-17)3)    GRANT    COSTS    OF   THESE
PROCEEDINGS.

    THIS APPEAL, COMING ON FOR ORDERS, THIS DAY,
JUDGMENT WAS DELIVERED THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE G BASAVARAJA


                    ORAL JUDGMENT

Heard learned counsel for the appellant.

2. The appellant who is the complainant has filed the complaint under Section 138 of NI Act. The Trial Court has taken cognizance against the accused for the offence under Section 138 of NI Act and case came to be registered in C.C.No.7261/2021. On 19.08.2024, the trial Court has passed the following order: -3-

NC: 2025:KHC:44598 CRL.A No. 2014 of 2024 HC-KAR "Complainant present.
Learned counsel for the complainant prays time to take steps. Sufficient time already granted. Inspite of repeated issuance of NBW, the complainant is not taking steps to secure the accused. In the last date of hearing on the request of complainant, it was ordered to Issue NBW by the hands of complainant which shall be executed through jurisdictional police. Even though the NBW is ready it is not collected and it shows that the complainant is reluctant to take steps. No PF is paid and praying for time to take steps. The case is pending from 2021. Hence, no grounds are made out, prayer rejected. In the result the case is dismissed for default."

3. Further, a perusal of the order dated 16.07.2024, it is clear that the complainant has paid PF. The trial Court has passed an order of re-issue NBW to the accused by hands of the complainant, which shall be executed through the jurisdictional police. When the Court has issued NBW to the accused, the same has to be executed through concerned police. In view of the Rule 8 of Chapter 3 of the Karnataka Criminal Rules of Practice, 1968, all processes shall be served or executed by the -4- NC: 2025:KHC:44598 CRL.A No. 2014 of 2024 HC-KAR police, unless the Court which issues the process, otherwise directs. Even if the accused was issued with NBW by the Court, it has to be executed through concerned police. It is not possible to execute non-bailable warrant by the complainant. When the Court has issued NBW to the accused, it is the duty of the concerned police to receive the non-bailable warrant from the Court. The non-collection of the NBW by the complainant is not a genuine ground to dismiss the case. Though the complainant counsel sought time to take steps, the learned Magistrate rejected the prayer of the complainant, which is not sustainable under law. Hence, I proceed to pass the following:

ORDER
i) Appeal is allowed;
ii) The order dated 19.08.2024 passed by the XI Addl. SCJ and ACMM at Bangalore City in C.C No.7261/2021 is set aside;
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NC: 2025:KHC:44598 CRL.A No. 2014 of 2024 HC-KAR

iii) The case in C.C No.7261/2021 on the file of XI Addl. SCJ and ACMM at Bangalore City shall be restored;

iv) The Trial Court is directed to proceed with the case in accordance with law;

v) The complainant shall appear before the Trial Court on 28.11.2025 without seeking any further notice from the Trial Court.

vi) Registry is directed to send a copy of this order to the trial Court for taking necessary action.

Sd/-

(G BASAVARAJA) JUDGE AP List No.: 1 Sl No.: 9