brother took a loan from
the Karnataka State Finance Corporation (“KSFC”) and mortgaged the suit property
as security for repayment of the loan. Since ... loan was not repaid, KSFC
auctioned the property. The third respondent, who is the predecessor-in-interest of
the appellant, furnished the highest
from the Karnataka State Financial Corporation (in short 'KSFC') in the year 1969 and as security for the said amount had mortgaged ... KSFC all its land and building and it had also hypothecated some of the plant and machinery. The said loan is still outstanding and KSFC
been filed by the Karnataka State Financial Corporation (for short, 'KSFC') against the order dated 28.1.1997 passed by the VIII Additional City Civil ... Judge, Bangalore, in Misc.Case No. 430/1988. The KSFC-sanctioned a term loan of Rs. 6,50,000/- to M/s. Kam Organic Industries
applicant is the Karnataka State Financial Corporation (in short, "the KSFC"), and it has sought for an order by this court directing ... assets of the company 9in liquidation) by the official liquidator to KSFC and for leave and permission to sell the said assets under section
certain amount from the Karnataka State Financial Corporation, the first respondent ('KSFC' for short). The petitioners in these two petitions viz., N. Narasimhaiah ... Village, Kasaba Hobli, Bangalore North Taluk, as collateral security in favour of KSFC, as guarantors for repayment of the amounts advanced to A.P. Rocks
BETWEEN
1. THE MANAGING DIRECTOR
HUBLI DHARWAD BRTS CO. LTD.,
1ST FLOOR, KSFC BUILDING,
RAYAPUR, DHARWAD 580009.
2. THE SPECIAL LAND ACQUISITION OFFICER,
KARNATAKA ROAD ... DEVELOPMENT
CORPORATION LTD., 1ST FLOOR,
KSFC BUILDING, RAYAPUR,
DHARWAD 580009. ... PETITIONERS
(BY SRI. C V ANGADI, ADV.)
2
AND
1. SUNDARLAL S/O SADIRAM MAHAJAN
owri.e;fvV.
vehicte, The vehicie was hwothecated to' H
respondent -- KSFC. As the petétioiief'core§nitteoldefau¥t
in paying the amount ... KSFC, the:Ve}iicie.'ia(as'.sei2afl--~.21"
by KSFC from the possession Voftfietitiohher.hoe.Vi_6.3,.1§9$.
Petitioner had paid
building and machinery, etc., from the Karnataka State Financial Corporation ("KSFC" for short). For default in repaying the loan, the assets of Brindavan ... Industries, both movables and immovables, were brought to sale by the KSFC and in the auction-sale held on 17th February, 1984, the assets
HUBBALLI,
REPRESENTED BY ITS COMMISSIONER.
2. THE KARNATAKA ROAD DEVELOPMENT
CORPORATION LTD.,
KSFC BUILDING FIRST FLOOR,
P.B.ROAD, RAYAPUR,
DHARWAD
REPRESENTED BY ITS SPECIAL ... SPECIAL LAND ACQUISITION OFFICER,
K.R.D.C.L,1ST FLOOR, KSFC BUILDING,
PB ROAD, RAYAPUR, DHARWAD - 580 009.
3. THE COMMISSIONER,
HDMC, DHARWAD
certain amount from the Karnataka State Financial Corporation, the first Respondent ('KSFC' for short). The petitioners in these two petitions viz., N. Narasimhaiah ... village, Kasaba Hobli, Bangalore North Taluk, as collateral security in favour of KSFC, as Guarantors for repayment of the amounts advanced to A.P. Rocks
