- 1 - NC: 2025:KHC:14073 CA No. 277 of 2021 IN COP No.2 of 2000 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3RD DAY OF APRIL, 2025 BEFORE THE HON'BLE MR JUSTICE M.I.ARUN COMPANY APPLICATION NO. 277 OF 2021 IN COMPANY PETITION No.2 OF 2000 BETWEEN: 1. M/S KIRLOSKAR INVESTMENTS AND FINANCE LTD (IN LIQUIDATION) OFFICIAL LIQUIDATOR ATTACHED TO THIS HON'BLE COURT AS THE LIQUIDATOR OF; 'CORPORATE BHAVAN', NO. 26-27 12TH FLOOR, RAHEJA TOWERS MG ROAD, BENGALURU-560 001. …APPLICANT (BY MISS KRUTIKA RAGHAVAN, ADVOCATE FOR OL) AND: 1. Mr. G.RAGHAVAN EX. DIRECTOR OF M/S. MARUTHI SYNTHETICS & PHARMACEUTICALS LTD, (IN LIQN. BY THE HON'BLE HIGH COURT OF MADRAS), # 18, SECOND FLOOR THIRD STREET, LUZ AVENUE, MYLAPORE CHENNAI-600 004, TAMIL NADU. …RESPONDENT (BY SRI. DOLIN ANN KURIAN, ADVOCATE) THIS COMPANY APPLICATION IS FILED UNDER RULES 6 AND 9 OF THE COMPANIES (COURT) RULES, 1959 PRAYING TO PASS AN ORDERS ON THE SETTLEMENT OFFER OF RS.25 LAKHS BY THE RESPONDENT AGAINST THE CLAIM OF Digitally signed by H K HEMA Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:14073 CA No. 277 of 2021 IN COP No.2 of 2000 RS.92,39,724/- OR DIRECT THE RESPONDENT TO SETTLE THE DUES OF APPLICANT/PETITIONING CREDITOR @ 100% AS SETTLED BY HIM IN CASE OF OTHER CREDITORS AS NARRATED IN PARA NO.5.1 SUPRA. THIS APPLICATION COMING ON FOR ORDERS, THROUGH PHYSICAL HEARING/VIDEO CONFERENCING THIS DAY, THE COURT MADE THE FOLLOWING: CORAM: HON'BLE MR JUSTICE M.I.ARUN ORAL ORDER Learned advocate for the official liquidator submits that the company application may be dismissed as withdrawn. 2. Her submission is placed on record. The Company Application No.277/2021 is accordingly dismissed as withdrawn. SD/- (M.I.ARUN) JUDGE PGG List No.: 1 Sl No.: 14