Sri Sai Sapthagiri Sponge Pvt Ltd - Legal Proceedings and Cheque Details
Main points: The company has filed five petitions under Section 482 of the Cr.P.C., involving multiple cheques totaling significant amounts (Rs. 50 lakh x 2, Rs. 25 lakh x 3) as part of legal disputes. The details suggest ongoing legal issues related to financial transactions or disputes involving the company. SRI SAI SAPTHAGIRI SPONGE PVT. LTD. vs THE STATE (GNCT OF DELHI) - Delhi
Corporate Structure and Representation
Main points: The company is represented by directors such as Sri P. Ramakrishna Chowdary and Sri G. Arunendar, with legal advocates involved (e.g., Sri Vishwanatha R Hegde). The company’s address is linked to Bellary, Karnataka, and it appears to be part of a broader network of sponge and power manufacturing entities, including associations like the Karnataka Sponge & Iron Manufacturers Association. SRI SAI SAPTHAGIRI SPONGE PVT LTD., Vs SRI K.S.MANJUNATH - Karnataka, M/S. KARNATAKA SMALL Vs THE SECRETARY - Karnataka
Related Legal Cases and Disputes
Main points: Multiple cases involve Sri Sai Sapthagiri Sponge Pvt Ltd, including disputes in courts and insolvency proceedings (NCLT). Notably, cases involve multiple directors and stakeholders, reflecting complex legal and financial issues. The company is connected to other industry players like Sponge & Power Pvt Ltd and Karnataka Sponge & Iron Manufacturers Association. M/s HEMANG RESOURCES LIMITED VS M/s SRI SAI SAPTAGIRI SPONGE PVT LTD - National Company Law Tribunal, M/s HEMANG RESOURCES LIMITED VS M/s SRI SAI SAPTAGIRI SPONGE PVT LTD - National Company Law Tribunal, M/s HEMANG RESOURCES LIMITED VS M/s SRI SAI SAPTAGIRI SPONGE PVT LTD - National Company Law Tribunal
Broader Industry Context and Judgments
Main points: References include judgments from the Supreme Court and other courts, highlighting legal precedents affecting companies like Sri Sai Sapthagiri Sponge Pvt Ltd. These involve issues of financial disputes, insolvency, and corporate governance, which are pertinent to understanding the legal environment faced by the company. S.MUKANCHAND BOTHRA(DECEASED) vs R.KRISHNAMURTHY @ KASTHOORI - Madras
Analysis and Conclusion:
Sri Sai Sapthagiri Sponge Pvt Ltd is an established entity involved in legal disputes primarily related to financial transactions, including cheque dishonor and insolvency proceedings. The company operates within the sponge and iron manufacturing sector in Karnataka, with multiple directors and associations involved. The ongoing legal cases suggest challenges related to financial management and corporate governance, with significant judicial attention on the company's operations.
References:
- SRI SAI SAPTHAGIRI SPONGE PVT. LTD. vs THE STATE (GNCT OF DELHI) - Delhi
- SRI SAI SAPTHAGIRI SPONGE PVT LTD., Vs SRI K.S.MANJUNATH - Karnataka
- M/S. KARNATAKA SMALL Vs THE SECRETARY - Karnataka
- M/s HEMANG RESOURCES LIMITED VS M/s SRI SAI SAPTAGIRI SPONGE PVT LTD - National Company Law Tribunal, M/s HEMANG RESOURCES LIMITED VS M/s SRI SAI SAPTAGIRI SPONGE PVT LTD - National Company Law Tribunal, M/s HEMANG RESOURCES LIMITED VS M/s SRI SAI SAPTAGIRI SPONGE PVT LTD - National Company Law Tribunal
- S.MUKANCHAND BOTHRA(DECEASED) vs R.KRISHNAMURTHY @ KASTHOORI - Madras
The aforesaid five Petitions under Section 482 of the Code of Criminal Procedure, 1973 (hereinafter referred to as “Cr.P.C.”), have been filed on behalf of the Petitioner, Sri Sai Sapthagiri Sponge Pvt. ... The following are the cheques details: 1) Chq No.332167 Rs.50,00,000.00 2) Chq No.332168 Rs.50,00,000.00 3) Chq No.332169 Rs.25,00,000.00 4) Chq No.332170 Rs.25,00,000.00 5) Chq No.332171 Rs.25,00,000.00 For Sri Sai Saptagiri Sponge#HL_....
Sri Sai Sapthagiri Sponge Pvt. Ltd. ... Sri P.Ramakrishna Chowdary Driector, Sri Sai Sapthagiri (By Sri Vishwanatha R Hegde, Advocate) AND: Sri K.S.Manjunath Prop. ... Ltd., Ankireddy Building, 2nd Floor Opp: RTO Office, Aishwarya Colony Contonment, Bellari-583104 …Petitioners And Transport, Plot No.B-3 House No.48/A, O....
GOPALA KRISHNA RAO DIRECTOR OF M/S SRI. SAI SAPTHAGIRI SPONGE PVT. ... SAILEELA UMAPATHAPPA NALLABATHULA DIRECTOR OF M/S SRI.SAI SAPTHAGIRI SPONGE PVT. ... SRI. RAMAKRISHNA CHOUDARY PIDIKITI S/O PIDIKITI HANUMANTHAPPA DIRECTOR OF M/S SRI. SAI SAPTHAGIRI SPONGE PVT. ... SRI#HL....
SPONGE & POWER PVT LTD SY.NO.403, HALKUNDI VILLAGE, BENGALURU ROAD, BELLARY-583 102 REP BY ITS DIRECTOR SRI.G.ARUNENDAR 13.M/S. ... KOELEMAN INDIA PVT. LTD. ... BIG BAGS (BANGALORE) PVT LTD. ... ONTOP PHARMACEUTICALS PVT.LTD. ... KARNATAKA SPONGE & IRON MANUFACTURERS ASSOCIATION P-33, FIRST FLOOR, OPP:BPCL PETROL BUNK SANJAY GANDHI NAGAR, BELLARY-583104 REP BY ITS PRESID....
(3) Ramesh Kumar Dadsena vs Vidyasagar Ratre (CRR.No.407 of 2024) decided on 26.04.2024; (4) Dilipbhai Bhawandas Aswani vs State of Gujarat and others (R/CR.RA.No.455 of 2022) decided on 13.08.2024; (5) J.Ramesh vs M/s.Lakshmi Precious Jewellery Pvt.Ltd ... The appellant relies on the judgment of the Hon’ble Supreme Court of India in the case of Sri Sujies Benefit Funds Limited vs M. ... Krishnamurthy @ Kasthoori Raja, who was also the Managing Director of a company called RK Productions Pvt.
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