in the high court of karnataka at bangalore dated this the 3rd day of

-1IN THE HIGH COURT OF KARNATAKA AT BANGALORE
DATED THIS THE 3RD DAY OF SEPTEMBER, 2014
P RESENT
THE HON’BLE MR. JUSTICE N. KUMAR
AND
THE HON’BLE MRS. JUSTICE RATHNAKALA
COMPANY APPEAL NO.2 OF 2014
BETWEEN:
H.E.ABDULLA HUMAID AL MAZROUEI
A UAE NATIONAL,
HAVING HIS ADDRESS AT VILLA 18,
ALI BIN ABI TALEB ST.,
P.O. BOX 7308, AJMAN,
UNITED ARAB EMIRATES.
... APPELLANT
(BY SMT.SHRUTHI JERE FOR
M/S.AMARCHAND & MANGALDAS &
SURESH A.SHROFF & CO., ADVS.)
AND:
1.
UAE EXCHANGE & FINANCIAL SERVICES LTD.,
A COMPANY INCORPORATED UNDER THE
COMPANIES ACT, 1956,
HAVING ITS REGISTERED OFFICE
AT NG-12 & 13, NORTH BLOCK,
GROUND FLOOR, MANIPAL CENTER,
DICKENSON ROAD,
BANGALORE-560 042.
2.
B.RAGHURAM SHETTY
AN INDIAN NATIONAL,
RESIDING AT MESK-FLAT-3603,
E.W.SUB METER,
392 - MARSA DUABI,
P.O.BOX NO.6222, ABU DHABI,
UNITED ARAB EMIRATES.
-23.
NIRMAN SHETTY
AN INDIAN INHABITANT,
RESIDING AT FLAT NO.202,
2ND FLOOR, G-3,
MONTREAL RESIDENCY,
4TH CROSS ROAD, 60 FEET ROAD,
KEB LAYOUT, GEDAIAHALLI,
SANJAYNAGAR,
BANGALORE-560 094.
4.
CHANDRAKUMARI RAGHURAM SHETTY
AN INDIAN NATIONAL
RESIDING AT MESK-FLAT-3603,
E-W SUB METER
392 - MARSA DUABI
P O BOX NO.6222
ABU DHABI
UNITED ARAB EMIRATES.
5.
VASANTH KUMAR RAI
AN INDIAN NATIONAL
RESIDING AT P O BOX NO.46222
ABU DHABI
UNITED ARAB EMIRATES
6.
B S SHETTY
AN INDIAN INHABITANT
RESIDING AT ROSHNI
OPP A B SHETTY DENTAL COLLEGE,
KADRI ROAD
KADRI, MANGALORE - 575 003.
7.
SHIREESH SHETTY
AN INDIAN INHABITANT
RESIDING AT ROSHNI
OPP A B SHETTY DENTAL COLLEGE
KADRI ROAD
KADRI, MANGALORE - 575 003.
8.
SUJATA V RAI
AN INDIAN INHABITANT,
RESIDING AT NO.474
1ST E CROSS, 8TH MAIN
BASAVESHWARANAGAR,
BANGALORE – 560 079.
-39.
VIJAY RAI
AN INDIAN INHABITANT,
RESIDING AT NO.474
1ST E CROSS, 8TH MAIN
BASAVESHWARANAGAR
BANGALORE – 560 079.
10.
SHISHIR SHETTY
AN INDIAN INHABITANT,
RESIDING AT ROSHNI
OPP A B SHETTY DENTAL COLLEGE
KADRI ROAD
KADRI, MANGALORE - 575 003.
11.
HUMAID ABDULLA AL MAZROUEI
A UAE NATIONAL
RESIDING AT VILLA 18
ALI BIN ABI TALEB ST.,
P O BOX 7308, AJMAN
UNITED ARAB EMIRATES
12.
UAE EXCHANGE & FINANCE LTD
A COMPANY INCORPORATED UNDER
THE COMPANIES ACT, 1956
HAVING ITS REGISTERED OFFICE AT 63
OLD NO.7, ARTILLERY ROAD
ULSUR, BANGALORE 560042.
...RESPONDENTS
(BY SRI H.MUJTAB FOR
M/S. MRP LEGALIS, ADVS. FOR R1;
MS.SMITHA N. FOR
M/S.JURIS NEXUS, ADVS. FOR R2 TO R10 & R12)
THIS COMPANY APPEAL IS FILED U/S 4 10F OF THE
COMPANIES ACT, 1956, PRAYING THIS HON’BLE COURT:CALL FOR THE RECORDS IN COMPANY APPLICATION
NO.1/2014 IN COMPANY PETITION NO.9/2014 ON THE
FILE OF THE COMPANY LAW BOARD, ADDL. PRINCIPAL
BENCH, CHENNAI AND SET ASIDE, STRIKE DOWN AND
QUASH THE IMPUGNED ORDER DATED MARCH 24, 2014
PASSED IN THE COMPANY APPLICATION NO.1/2014 IN
COMPANY PETITION NO.9/2014, BY THE HON’BLE
COMPANY LAW BOARD, SOUTHERN REGION BENCH,
-4CHENNAI AND ALLOW THE PRESENT APPEAL WITH
COSTS.
THIS COMPA COMING ON FOR ADMISSION THIS
DAY, N. KUMAR J., DELIVERED THE FOLLOWING: -
JUDGMENT
Learned Counsel for the appellant submits that
the matter is settled out of Court. A memo is filed for
withdrawal of the appeal.
2. The memo is taken on record. Accordingly, the
appeal is dismissed as withdrawn.
3. All the interim order passed, stands vacated.
Sd/JUDGE
Sd/JUDGE
nvj

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