GREAT PLAINS NATIONAL BANK vs. CLOUD REVOLTE INC, et al, DC-24-03819, RETURNED MAIL-2 1-ORDER_FOR_RECEIVER_FOR_ECO_IT_SOLUCTIONS_INC_REGISTERED_AGENT_CUTLER_LAW_GROUP_INC (Tex. St., Dallas Co., 44th D (2024)

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`ECO IT SOLUTIoNS INC}
`REGISTERED AGENTCUTLER LAWI
`2800 POST OAK STE.4i00
`HOUSTON TX 77056.
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`‘INR‘Ez'DG-24-03819
`GREAT PLAINS NATIONAL.BANK VS. 'CLOUD_REVOLTE INC, et-a1
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`PLEASE SEE. ATTACI-IMENT(S):
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`Attorneys updaté yourInformatlonat:
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`PAVAN CHILUKURI
`5213 BARREL WOOD ST
`AUBREY, TX 76227
`CLOUD ANALYTDCJNC'
`”4425 WAIRPORT FWY STE 236
`IRVING, TX 75062
`Eco 1T SOLUTIONS INC
`REGISTERED AGENT CUTLER
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`LAW GROUP INC
`2800 POST OAK STE 4100
`HOUSTON, TX 77056,
`KARVIT SOLUTIONS LLC
`REGISTERED AGENT RAHUL
`KARAN RUNWAL
`9414 CARLOW LN
`LA PORTE, TX 77571
`SCO'ITLINE LLC
`“1"" -.
`REGISTEREDAGENT RAMAK."‘
`KRISHNA LAKKIMSETI‘I NAGA
`5005 W ROYAL LN STE 196
`IRVING, TX 75063
`SKILLMAZE INC
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`REGISTERED AGENT
`RIGHTAXMATE INC
`633 EFERNHURST DRUNIT 1001
`KATY, TX 77450
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`TATVA TEK INC
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`ZEUS SYSTEMS INC .
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`2150 S CENTRAL EXPWY STE 200
`MCKINNEY 'Tx 75070
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`THE DISTRICT COURT
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`4’4“ JUDICIAL DISTRICT
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`CAUSE NO. DC—24-03819
`GREAT PLAINS NATIONAL BANK,
`
`Plaintiff;
`
`v.
`
`CLOUD REVOLUTE, INC.,
`VENKATESWARLU GARIKAPATI,
`INDIVIDUALLY, JYOTHI
`KAKUMANU, INDIVIDUALLY,
`PAVAN CHJLUKIJ'RI,
`INDIVIDUALLY, AVENUE ONE
`GROUP, me, CLOUD ANALYTICS,
`INC., DIGICLOUD, LLC, ECO IT
`SOLUTIONS, LLC, KARV IT
`SOLUTIONS, LLC, MOVX, INC.,
`SCOT’I‘LINE, LLC, SKILLMAZE,
`INC, TATVA TEX, INC.,
`TECHEMPO, INC., TEKNOVIK, INC.,
`AND ZEUS SYSTEMS, INC.
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`Defendants
`
`DI'ALLAS COUNTY, TEXAS
`ORDER APPOINTING RECEIVER
`
`1
`
`ON THIS DAY, the Court heard Plaintifl'Great Plains Natioiial Bank’sApplication for the
`Appointment of a Receiver (“Application"). Afler considering thé Application, the evidence on
`file, and the arguments of counsel, the Court FINDS that the
`has a probable right to the
`Plainftifl‘
`property or funds ofDefendant Cloud ReiloluE‘Inca and-Snob firoiraerty or funds are in danger of
`being imminently lost, removed, or materially injured. For the!“ reasons, the Court hereby
`GRANTS theApplication.
`
`.
`
`The Court further FINDS that Defendant Cloud Revolute, fine if: currently, in default on its
`account with Plaintifi' under the terms of their Business Mangei' Aglreement and Commercial
`Security Agreement (the “Agreements"). The Court further FINDS {that Cloud Revolute, Inc.
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`agreed to the appointment of a receiver over all its assets upon default as per the terms of the
`
`Agreements.
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`The Court fiu‘ther FINDS that the property or fimds of Cloird Revolute, Inc. have likely
`
`been transferred by Cloud Revolute,
`
`Inc.’s managing director, Defendant Venkateswarlu
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`Garikapati (“Venlrat”), to his personal accounts and the accounts :of other entities he controls,
`including but not necessarily limited to, Avenue One Group, Inc., Diéicloud, LLC, and MovX, Inc.
`;
`For these reasons, the Court herebyAPPOINTS the following person as Receiver:
`Kelly M. Crawford (“Receiver”)
`500 NorthAkard Street, Suite 2700
`Dallas, Texas 75201
`(214) 706-4200
`
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`The Receiver is hereby vested with the fullest authority under Texas law and in equity to
`take, as he deems necessary, control and possession, of all, properties, premises, accounts, books
`and records, income, chattels, goods, instruments, equipment, fixtures, general intangibles, efi‘ects,
`leaseholds, mail, inventory, intellectual property, checks, notes, credits, receivables, lines ofcredit,
`contracts, causes ofaction, insurance policies, and all funds now oi: hereafter belonging or owing
`trustuntil fin'ther order ofthis
`to Cloud Revolute, Inc., (“Cloud RevoluteAssets”) and hold such
`iii:I
`Court. This includes seizing any Cloud Revolute Assets that are in the possession ofVenlrat or
`'
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`any entity that Venkat controls, which Receiver reasonably believes were not transferred in
`exchange for reasonably equivalent value and pursuant to a good-faith business purpose ofCloud
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`Revolute, Inc.
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`The Receiver is authorized to open any mail addressed to Cloud Revolute, Inc. or mail the
`
`Receiver believes may contain information relating to the Cloud Rfevclute Assets.
`
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`45“
`Withinfiefiays, the Receiver shall provide a report to the Court and the parties ofthe assets
`and liabilities ofCloud Revolute, Inc., and his assessment of the bus:iness’s ability to operate as a
`going concern and to satisfy such liabilities.
`
`I
`
`The Receiver is authorized to assume full control of Cloud- Revolute, Inc., by removing
`any oficer, independent contractor, employee, or agent of Cloud Revolute, Inc. fiom control and
`management ofthe afl‘airs ofCloud Revolute, Inc. as the Receiver deems appropriate.
`
`f
`
`At the request ofthe Receiver, Cloud Revolute, Inc.,.Venkat,land any other person or entity
`served with a copy of this Order, shall immediately or within such time as permitted by the
`
`'i
`
`Receiver in writing, deliver over to the Receiver:
`
`a. Cloud RevoluteAsses, owned beneficially or otherwise, wherever situated;
`
`b. Possession and custody of records regarding Cloud Revolute, Inc., Venkat, or
`any entity managed or controlled by Venkat in connection with their business
`activities and business and personal finances, iricluding but not limited to, all
`books and records of accounts, all financial and accounting records, balance
`income statements, bank records (including monthly statements,
`sheets,
`canceled checks, records of wire transfers, and check registers), client lism,
`titles, and documents;
`
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`c. A11 keys, computer or cloud computing fiadmords, entry codes, and
`combinations to locks necessary to gain or to secure access to any ofthe assets
`or records of Cloud Revolute, Inc., Venkat, or an'y entity managed 0r controlled
`by Venkat, including but not limited to, access to business premises, means of
`communication, accounts, computer systems, mobile electronic devices, or
`other property; and
`d. A full detailed accounting ofall assets, accounts, employees, and properties of
`the Cloud Revolute, Inc., Venkat, or any enfity', managed or controlled by
`Venkat, and the obligations and liabilities ofthe Cloud Revolute, Inc.,Venkat,
`or any entity managed or controlled by Venkat. "
`
`3
`
`

`

`It is further ordered that Receiver shall take possession (if all funds contained in the
`following bank accounts to be held in trust until entry offinal
`in this matter:
`
`I
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`judgnient
`
`.
`
`.
`
`BOA account:X_5144;
`BOA account: X/_6059;
`BOA account: _1398.
`The Receiver is authorized, without breaching the peace and if necessary with the
`assistance of any-Constable, Deputy ConstiblefShen'ifl' or Depuiy Sherifi’ or anybother peace
`officer with notice of this Order, to enter and secure any business
`wherever located or
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`premises,
`situated in order to take possession, custody, or control of, Otto identify the location ofor existence
`ofCloud Revolute Assets or any other property subject to this
`including, but not limited to
`Ordeli',
`the premises at 1800 Valley View Lane, #260, Farmers Branch, Tellim 75234.
`specifically authorized to use a locksmith to open business
`where the Receiver believes
`
`The Receiver is
`
`premistis
`
`Cloud RevoluteAssets may be located.
`
`;
`
`or any other peace officer
`Any Constable, Deputy Constable, Sherrifi' or Deputy Sheliifi‘
`with notice of this Order is hereby authorized to accompany Receiver to any location designated
`located, without necessity of
`by Receiver where Receiver believes Cloud Revolute Assets may
`a writ ofexecution having been issued, and is hereby directed, autlliorized,
`and ordered to
`prevent
`any person or persons from interfering with Receiver, or any :person under the direction of
`Receiver, from carrying out this Order.
`
`llieI
`
`I
`
`The Receiver is firrther authorized to seek execution, writi, or other process necessary to
`
`I
`
`carry out this order.
`
`I
`
`1
`
`The Receiver is further authorized to hire, at his discretirinJconnsel and accountants for
`any purpose Receiver deems necessary to aid in complying with tiiis Order. All expenses incurred
`
`

`

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`by the Receiver for counsel and accountants shall be paid by Plaintiff and taxed as costs against
`
`Defendant Cloud Revolute, Inc.
`All persons and their representatives, oficers, agents, siervants, employees, brokers,
`
`i
`
`I.
`
`facilitators, trustees, esorow agents, accountants, and all persons in
`concert or participation
`Eacfive
`with them, who receive actual notice of this Order by personid service or otherwise, and
`specifically including any bank or other financial or depository
`holding accounts over
`
`insiiimfion
`.which the Receivenhas control under this Order, shall promptly
`
`and turn over to the
`
`sinrrender
`or any entity managed
`
`Receiver all property and records related to Cloud Revolute, Inc.,
`
`or controlled by Venkat. No separate subpoena shall be required.
`
`Yenkat,
`
`l
`
`The Receiver is hereby authorized to receive and collect
`
`any
`owing to Cloud Revolute, Inc., whether the same are now due or shall hereaiter become due and
`payable, and the Receiver is authorized to incur such expenses an:d
`make such disbursem*nts as
`are necessary and proper for the collection, preservation, maintenairce and operation of the Cloud
`
`and all sumsofmoney due or
`
`.
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`
`Revolute Assets and business.
`
`The Receiver is authorized to interVene in any lawsuit in which the Cloud Revolute Assets
`are or may be at issue, and seek a turnover of such property in
`ofthis Order.
`firrtlhera'hnce
`The Receiver is authorized to request and obtain tax returns of Cloud Revolute, Inc.,
`Venkat, and any entity managed or controlled byVanni—from any fiaderal and state taxing authority.
`IT IS FURTHER ORDERED that the Defendants, and all other persons or entities served
`with a copy ofthis Order shall cooperate fully with and assist theiReceiver. This cooperation and
`to the Receiver that the
`
`assistance shall include, but not be limited to, providing any
`
`inf<irmation
`Receiver deems necessary in exercising the authority provided'in tins Order; providing any
`password required to access any computer or electronic files in any medium; and advising all
`
`——
`
`"—-_-..._
`
`I i I II
`
`

`

`I.
`
`persons who owe debts to Cloud Revolute, Inc. that all debts sliculd be paid directly to the
`Receiver.
`IT IS FURTHER ORDERED that all fees ofReceiver shall be paid by the Plaintifi' and
`taxed as costs owed by Defendant Cloud Revolnte, Inc. afier first appilying to the Com with notice
`
`r
`
`I
`
`to all parties and an opportunity to be heard.
`IT IS FURTHER ORDERED that Receiver is not required to post a bond.
`_ _ - -
`ITISFURTHER ORDERED-thatReceiver shall takethe b'ath ofoffice- __
`Except for an act of intentional misconduct, the
`and all persons engaged or
`
`I
`
`-_
`
`_ - _
`
`Receiveiil
`employed by him shall not be liable for any loss or damage incurred by an person or entity reason
`of any act performed or omitted to be performed by the Receiver dr those engaged or employed
`by him in connection with the discharge of their duties and
`responsibilities
`receivership, including, the exercise ofcontrol over the Cloud
`Assets.
`Revrlilute
`This Court shall retain exclusive jurisdiction ofthis action ibr all purposes. The Receiver
`with notice to the parties of
`is hereby authorized, empowered, and directed to apply to this
`Corirt,
`record, for issuance of such other orders as may be necessary anid appropriate to carry out the
`mandate ofthis Court. To the extent any provision ofthis Order
`void, it shall not impact
`all other provisions of the Order.
`This Order shall remain in effect until-modified by further
`
`in connection with the
`
`isgfotimd
`
`ofthis Court.
`
`(:3rder
`
`i
`
`I i I-
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`(
`JUDGE Pansmmo
`
`i
`
`—__-—....—
`
`SIGNED this. 72 day ofMay, 2024.
`
`[-—.
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`lull
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`It’ll
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GREAT PLAINS NATIONAL BANK vs. CLOUD REVOLTE INC, et al, DC-24-03819, RETURNED MAIL-2 1-ORDER_FOR_RECEIVER_FOR_ECO_IT_SOLUCTIONS_INC_REGISTERED_AGENT_CUTLER_LAW_GROUP_INC (Tex. St., Dallas Co., 44th D (2024)

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