Tuesday, 21, Apr, 2026
 
 
 
Expand O P Jindal Global University
 
  
  
 
 
 

Omkara Asset Reconstruction Private ... vs M/S Atria Brindavan Power Private ...
2025 Latest Caselaw 9200 Kant

Citation : 2025 Latest Caselaw 9200 Kant
Judgement Date : 15 October, 2025

Karnataka High Court

Omkara Asset Reconstruction Private ... vs M/S Atria Brindavan Power Private ... on 15 October, 2025

                                                  -1-
                                                            NC: 2025:KHC:41178-DB
                                                          COMAP No. 167 of 2024


                       HC-KAR



                           IN THE HIGH COURT OF KARNATAKA AT BENGALURU
                                DATED THIS THE 15TH DAY OF OCTOBER, 2025
                                               PRESENT
                             THE HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE
                                                  AND
                                THE HON'BLE MR. JUSTICE C.M. POONACHA
                                  COMMERCIAL APPEAL NO. 167 OF 2024

                      BETWEEN:

                      OMKARA ASSET RECONSTRUCTION
                      PRIVATE LIMITED
                      ACTING AS TRUSTEE OF OMKARA
                      PS28/2023-2024/TRUST
                      C-515, KANAKIA ZILLION,
                      JUNCTION OF LBS ROAD AND CST ROAD,
                      KURLA WEST, MUMBAI -400070
                      REP. BY AUTHORISED SIGNATORY
                      MR. SUBHODEEP BANERJEE.
                                                                      ...APPELLANT

                      (BY SRI. SRINIVASAN V. RAGHAVAN, SR. ADV. A/W
                       SRI VINAY KUTTAPPA, ADV.)

Digitally signed by
NANJUNDACHARI         AND:
Location: High
Court of Karnataka
                      1.   M/S. ATRIA BRINDVAN POWER PRIVATE LIMITED
                           A COMPANY REGISTERED UNDER
                           THE COMPANIES ACT, 2013
                           HAVING ITS REGISTERED OFFICE AT
                           NO.11, 1ST FLOOR,
                           COMMISSARIAT ROAD
                           BANGALORE- 560025.

                      2.   MR. CHINNASWAMY SUNDER RAJU
                           S/O LATE SHRI A S CHINNASWAMY RAJU
                           AGED ABOUT 66 YEARS
                           RESIDING AT No. 294,
                             -2-
                                      NC: 2025:KHC:41178-DB
                                     COMAP No. 167 of 2024


 HC-KAR



     UPPER PALACE ORCHARDS,
     BANGALORE- 560080.

3.   MR. K NAGARAJU
     S/O LATE SHRI KUPPARAJU
     AGED ABOUT 64 YEARS
     R/AT NO.158, 2ND MAIN,
     1ST BLOCK, DOLLARS COLONY,
     RMV 2ND STAGE, ASHWATH NAGAR
     BANGALORE- 560094.

4.   RAJU FAMILY TRUST
     HAVING REGISTERED OFFICE AT NO.1,
     PALACE ROAD, BANGALORE -560001
     REPRESENTED BY TRUSTEE
     MR. CHINNASWAMY SUNDER RAJU.

5.   PIRAMAL CAPITAL AND HOUSING
     FINANCE LIMITED
     AND HAVING ITS REGISTERED OFFICE AT
     PIRAMAL TOWER, PENINSULA
     CORPORATE PARK,
     GANPATRAO KADAM MARG,
     LOWER PAREL-400013.

6.   BABOON INVESTMENTS HOLDING B.V.
     OUDE LINDESTAT 70
     HEERLEN 6411, EJ
     THE NETHERLANDS.

7.   AXIS TRUSTEESHIP SERVICES LIMITED
     AXIS HOUSE BOMBAY DYING
     MILLS COMPOUND
     PANDURANG BUDHKAR
     MARG WORLI, MUMBAI -400025.
                                           ...RESPONDENTS
(BY SRI.C.K. NANDAKUMAR, SR. ADV. A/W
 MS. ASHWINI PATIL, ADV. &
 SRI AJAY J NANDALIKE, ADV. FOR R1 TO 4
 SRI UDAYA HOLLA, SR. ADV. A/W
 SRI AVINASH BALAKRISHNA, ADV. FOR R5
 MS. TAMARRA SEQUERIA, ADV. FOR R6
 SRI T SURYANARAYANA, SR. ADV. FOR
 SRI SHARAN B. TADAHAL, ADV. FOR R7)
                                -3-
                                         NC: 2025:KHC:41178-DB
                                        COMAP No. 167 of 2024


 HC-KAR




      THE APPEAL IS FILED UNDER SECTION 43 RULE 1 OF THE
CPC, 1908 READ WITH SECTION 13(1-A) OF THE COMMERCIAL
COURTS ACT, 2015 PRAYING TO SET ASIDE THE IMPUGNED
ORDER (ANNEXURE-A) PASSED BY LD. COMMERCIAL COURT IN
THE SUIT COM.O.S.NO.298/2024 ON I.A.NO.2 AND 3 DATED
25.04.2024 PASSED BY LXXXII ADDL.CITY CIVIL AND SESSION
JUDGE AT BENGALURU (CCH-83) AND ETC.

      THIS APPEAL, COMING ON FOR ADMISSION, THIS DAY,
JUDGMENT WAS DELIVERED THEREIN AS UNDER:

CORAM:    HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE
          AND
          HON'BLE MR. JUSTICE C.M. POONACHA

                       ORAL JUDGMENT

(PER: HON'BLE MR. VIBHU BAKHRU, CHIEF JUSTICE)

1. The appellant (defendant No.3) has filed the present appeal

under order 43 Rule 1 of Code of Civil Procedure, 1908 [CPC] read

with Section 13(1-A) of the Commercial Courts Act, 2015 [the CC

Act] impugning the order dated 25.04.2024 [impugned order]

passed by the learned LXXXII Additional City Civil and Sessions

Judge, Bengaluru (CCH.83) [Commercial Court] in I.A.No.II and

I.A.No.III in Com.OS.No.298/2024.

NC: 2025:KHC:41178-DB

HC-KAR

2. For the reasons stated in the order passed today in

COMAP.No.209/2024, the present appeal is allowed and the

impugned order is set aside.

3. Pending application also stands disposed of.

Sd/-

(VIBHU BAKHRU) CHIEF JUSTICE

Sd/-

(C.M. POONACHA) JUDGE

NC CT:bms

 
Download the LatestLaws.com Mobile App
 
 
Latestlaws Newsletter
 

Publish Your Article

 

Campus Ambassador

 

Media Partner

 

Campus Buzz

 

LatestLaws Guest Court Correspondent

LatestLaws Guest Court Correspondent Apply Now!
 

LatestLaws.com presents: Lexidem Offline Internship Program, 2026

 

LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!

 
 

LatestLaws Partner Event : IDRC

 
 
Latestlaws Newsletter