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Karnataka State Financial ... vs Moulvi Nissarahmed
2023 Latest Caselaw 3610 Kant

Citation : 2023 Latest Caselaw 3610 Kant
Judgement Date : 22 June, 2023

Karnataka High Court
Karnataka State Financial ... vs Moulvi Nissarahmed on 22 June, 2023
Bench: V.Srishananda
                                                   -1-
                                                              RSA No. 1023 of 2007




                       IN THE HIGH COURT OF KARNATAKA, DHARWAD BENCH

                               DATED THIS THE 22ND DAY OF JUNE, 2023

                                                BEFORE

                              THE HON'BLE MR JUSTICE V.SRISHANANDA

                           REGULAR SECOND APPEAL NO. 1023 OF 2007 (DEC-)

                      BETWEEN:

                      1.    KARNATAKA STATE
                            FINANCIAL CORPORATION
                            BY ITS MANAGING DIRECTOR,
                            NO.1/1, THIMMAIAH ROAD,
                            BANGALORE-560 052.

                      2.    KARNATAKA STATE
                            FINANCIAL CORPORATION,
                            REP. BY ITS REGIONAL MANAGER
                            RAYAPUR, DHARWAD- 580001.
                                                                     ...APPELLANTS
                      (BY SRI. SHARAD V. MAGADUM, ADVOCATE)

                      AND:

                      1.    MOULVI NISSARAHMED
SAROJA                      SAYYED RASHID AHMED,
HANGARAKI
                            PROP. RUBEENA PHARMACEUITCALS, NAGASHETTIKOPPA,
Digitally signed by         HUBLI,
SAROJA
HANGARAKI
Date: 2023.06.23            SINCE DECEASED BY HIS LRS
15:30:44 -0700


                      1A.   DR. (MRS) SADIYA MOULVI W/O. MOULVI,
                            NISSARAHMED, AGED ABOUT 43 YEARS,
                            OCC: SERVICE, R/O: NAGASHETTIKOPPA,
                            HUBLI- 580020.

                      1B.   MR. NADEEM MOULVI S/O. MOULVI NISSARAHMED,
                            AGE: 29 YEARS, OCCUPATION: STUDENT,
                            R/O: NAGASHETTY KOPPA,
                            HUBLI- 580020.

                      1C.   MISS. NOORAIN FATIMA MOULVI,
                               -2-
                                          RSA No. 1023 of 2007




    D/O. MOULVI NISSARAHMED,
    AGED ABOUT 29 YEARS, OCCUPATION: STUDENT,
    R/O: NAGASHETTI KOPPA,
    HUBLI- 580020.

1D. MISS. ZAINAB MOULVI D/O. MOULVI NISSARAHMED,
     AGED ABOUT 18 YEARS,
     PRESENTLY STUDYING AT ZEDDAH,
     ADDRESS OF R1D NOT KNOWN.
                                              ...RESPONDENTS
(BY SRI. SURESH N. KINI, ADVOCATE FOR R1A-R1D)

      THIS REGULAR SECOND APPEAL IS FILED UNDER SECTION
100 OF CPC AGAINST THE JUDGMENT AND DECREE DT.8.12.2006
PASSED IN R.A.NO.11/2001 ON THE FILE OF THE PRL. CIVILJUDGE
(SR.DN), HUBLI, PARTLY ALLOWING THE APPEAL AND SETTING
ASIDE THE JUDGMENT AND DECREE DT.7.11.2000 PASSED IN
O.S.NO.244/1984 ON THE FILE OF THE III ADDL. CIVIL JUDGE
(JR.DN), HUBLI.

     THIS REGULAR SECOND APPEAL, COMING ON FOR FINAL
HEARING, THIS DAY, THE COURT DELIVERED THE FOLLOWING:

                         JUDGMENT

Learned counsel for the appellants has filed a memo.

Memo reads as under:

"That the appellant corporation in the top noted Appeal has filed the challenging the judgment and decree in R.A. 11 of 2001. The Appellant corporation by letter dated 20/6/2023 bearing No.KSFC/BO/DWR/280/2023-24 informed that the corporation is agreed to settle the account of Respondent/ M/s. Rubina Pharmaceuticals for a sum of Rs. 5.00 lakhs (Rupees five Lakhs only) as full and final settlement of the case. Hence it is prayed that the Hon'ble Court may be pleased to pass appropriate order in the matter, in the interest of justice and equity.

Hence this memo."

RSA No. 1023 of 2007

2. Sri.Suresh N Kini seeks a day's accommodation

to find out whether the offer made by the appellants could

be accepted or not. He submits that he is unable to

contact the respondents who are residing abroad.

3. Memo is taken on record. In view of the memo

filed by the counsel for the appellants, the substantial

question of law raised while admitting the appeal would

now render insignificant. Accordingly, following order is

passed:

ORDER

The appeal stands disposed off as the appellants are

ready to pay Rs.5,00,000/- to the respondents.

The appellants shall deposit a sum of Rs.5,00,000/-

before the trial Court within a period of two months from

today.

Sd/-

JUDGE

 
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