- 1 - HC-KAR NC: 2025:KHC:41188 CA NO. 31 OF 2025 IN CO.P. NO. 149 OF 1998 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 16TH DAY OF OCTOBER, 2025 BEFORE THE HON'BLE MS. JUSTICE JYOTI MULIMANI COMPANY APPLICATION NO. 31 OF 2025 IN COMPANY PETITION NO. 149 OF 1998 BETWEEN: OFFICIAL LIQUIDATOR OF M/S. KARNATAKA STATE TEXTILES LIMITED (IN LIQUIDATION) ATTACHED TO HIGH COURT OF KARNATAKA, CORPORATE BHAVAN, NO.26-27, 12TH FLOOR, RAHEJA TOWERS, M.G.ROAD, BENGALURU - 560 001. …APPLICANT (BY SRI. K.S.MAHADEVAN, ADVOCATE FOR OL) AND: 1. SRI. BHIMESH @ BHIMSEN, S/O. VENKATARAO DESHPANDE, 68 YEARS, OCCUPATION: ADVOCATE, RESIDING AT TIMMASAGAR ONI, HUBBALLI. 2. SRI. SURESH, S/O. VENKATRAO DESHPANDE, AGE 66 YEARS, OCCUPATION: MEDICAL PRACTICIONER RESIDING AT ASHOKNAGAR, HUBBALLI. 3. SRI. RAMESH, S/O. VENKATRAO DESHPANDE, Digitally signed by THEJAS KUMAR N Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:41188 CA NO. 31 OF 2025 IN CO.P. NO. 149 OF 1998 AGE 64 YEARS, OCCUPATION : NIL, RESIDING AT TIMMASAGAR ONI, HUBBALLI. 4. SRI. PRAKASH, S/O. VENKATRAO DESHPANDE, AGE 62 YEARS, OCCUPATION : RETIRED BANK SERVANT, RESIDING AT TIMMASAGAR ONI, HUBBALLI. …RESPONDENTS (BY SMT. SONA VAKKUND, ADVOCATE) THIS COMPANY APPLICATION IS FILED UNDER SECTION 446(2)(a)(b) OF THE COMPANIES ACT, 1956 AND RULE 6 AND 9 OF THE COMPANIES (COURT) RULES 1959. THIS COMPANY APPLICATION, LISTED FOR ORDERS, THIS DAY, AN ORDER IS MADE AS UNDER: ORAL ORDER Sri.K.S.Mahadevan., counsel for the Official Liquidator has appeared in person. Smt.Sona Vakkund., counsel for the respondents has appeared through video conferencing. Counsel Sri.K.S.Mahadevan., on instructions from the Official Liquidator submits that C.A.No.31/2025 may be dismissed as withdrawn. When queried, counsel submits that a - 3 - HC-KAR NC: 2025:KHC:41188 CA NO. 31 OF 2025 IN CO.P. NO. 149 OF 1998 conscious decision is taken about the withdrawal of the application. The oral submission made by counsel for the Official Liquidator is placed on record. Resultantly, C.A.No.31/2025 is dismissed as withdrawn. Sd/- (JYOTI MULIMANI) JUDGE MRP,KMV List No.: 1 Sl No.: 36