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

J.C Flowers Asset Reconstruction Co. ... vs Prakash S B
2025 Latest Caselaw 9598 Kant

Citation : 2025 Latest Caselaw 9598 Kant
Judgement Date : 30 October, 2025

Karnataka High Court

J.C Flowers Asset Reconstruction Co. ... vs Prakash S B on 30 October, 2025

                                                   -1-
                                                              NC: 2025:KHC:43439
                                                          CRL.A No. 1978 of 2024


                      HC-KAR




                           IN THE HIGH COURT OF KARNATAKA AT BENGALURU
                             DATED THIS THE 30TH DAY OF OCTOBER, 2025
                                               BEFORE
                               THE HON'BLE MR. JUSTICE G BASAVARAJA
                                 CRIMINAL APPEAL NO. 1978 OF 2024


                      BETWEEN:
                      1.    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 COMPANIES 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
                            SIGNATORY MR. MANIMARAN S
                                                                 ...APPELLANT
Digitally signed by
NANJUNDACHARI         (BY SRI.S.SUSHANT VENKATESH PAI.,ADVOCATE)
Location: HIGH
COURT OF              AND:
KARNATAKA
                      1.    PRAKASH.S.B
                            S/O SATYAPPA,
                            NO.497, 14TH CROSS,
                            ERAPPA REDDY LAYOUT,
                            NEAR MICO WATER PUMP HOUSE,
                            PARAPPANA AGRAHARA,
                            ELECTRONIC CITY,
                            BENGALURU-560100.

                            ALSO AT PRAKASH.S.B,
                            MAJOR
                            -2-
                                         NC: 2025:KHC:43439
                                    CRL.A No. 1978 of 2024


HC-KAR




    WARD NO.384,
    MELLIGERI TALUK,
    MUDHOL, DISTRICT BAGALKOT,
    MUDRAVALLI-57123.

    ALSO AT PRAKASH.S.B,
    MILLITEC NO.51-A,
    1ST PHASE, KIADB
    INDUSTRIAL AREA,
    BOMMASANDRA,
    BANGALORE-560099.
                                             ...RESPONDENT

(V/O DATED 31.10.2025      NOTICE   TO    RESPONDENT     IS
DISPENSED WITH.)

     THIS CRL.A IS FILED U/S.378(4)/419(4) CR.P.C BY THE
ADVOCATE FOR THE APPELLANT PRAYING TO SET ASIDE THE
IMPUGNED ORDER DATED 19.08.2024 PASSED BY THE
LEARNED XIX ACMM AND ADDL. SMALL CAUSES JUDGE CITY
CIVIL COURT, BENGALURU (SCCH-17) IN C.C.NO.7283/2021;
CONSEQUENTLY RESTORE C.C.NO.7283/2021 TO THE FILE OF
THE LEARNED XIX ACMM AND ADDL.SMALL CAUSES JUDGE,
CITY CIVIL COURT BENGALURU (SCCH-17).

    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

NC: 2025:KHC:43439

HC-KAR

under Section 138 of NI Act and case came to be

registered in C.C.No.7283/2021. On 19.08.2024, the trial

Court has passed the following order:

"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

NC: 2025:KHC:43439

HC-KAR

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

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;

NC: 2025:KHC:43439

HC-KAR

ii) The order dated 19.08.2024 passed by the XI Addl. SCJ and ACMM at Bangalore City in C.C No.7283/2021 is set aside;

iii) The case in C.C No.7283/2021 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

NC

 
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