- 1 - HC-KAR NC: 2026:KHC:30581-DB OSA No.3 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 22ND DAY OF JUNE, 2026 PRESENT THE HON'BLE MR. JUSTICE JAYANT BANERJI AND THE HON'BLE MS. JUSTICE TARA VITASTA GANJU ORIGINAL SIDE APPEAL NO. 3 OF 2026 BETWEEN: M/S.SRI SAI SAPTHAGIRI SPONGE PVT. LTD., HAVING ITS REGISTERED OFFICE AT NO.83/A, TUMTI ROAD BELAGAL VILLAGE BELLARY TALUK & DISTRICT REP. BY ITS DIRECTOR SMT. P.SAILEELA. …APPELLANT (BY SRI VISHWANATHA R. HEGDE., ADVOCATE) AND: M/S. MAGINIFICO MINERALS PVT. LTD., HAVING ITS REGISTERED OFFICE AT 75 KHIRKHI VILLAGE, MALVIYA NAGAR NEW DELHI, REPRESENTED BY ITS CHIEF GENERAL MANAGER, FINANCE SRI. RADHEY SHYAM AGGARWAL S/O. KALYAN CHAND AGGARWAL. …RESPONDENT THIS ORIGINAL SIDE APPEAL IS FILED UNDER SECTION 483 OF THE COMPANIES ACT 1956 PRAYING TO SET ASIDE THE ORDER DATED 20.02.2026 IN COP.NO.85/2015 PASSED BY THE LEARNED COMPANY JUDGE DIRECTING ADVERTISEMENT OF THE COMPANY PETITION AND ETC., THIS ORIGINAL SIDE APPEAL, COMING ON FOR ADMISSION, THIS DAY, JUDGMENT WAS DELIVERED THEREIN AS UNDER: Digitally signed by K S RENUKAMBA Location: High Court of Karnataka - 2 - HC-KAR NC: 2026:KHC:30581-DB OSA No.3 of 2026 CORAM: HON'BLE MR. JUSTICE JAYANT BANERJI and HON'BLE MS. JUSTICE TARA VITASTA GANJU ORAL JUDGMENT (PER: HON'BLE MR. JUSTICE JAYANT BANERJI) Heard learned Counsel for the appellant. 2. This appeal is filed seeking setting aside of the order dated 20.02.2026 in COP No.85/2015 passed by the learned Company Judge directing advertisement of the company petition. 3. By the impugned order, after noticing numerous adjournments granted in the matter, the Court observed that the conduct of the respondent in the company petition leads to no other option but to order the advertisement. Accordingly, on the request of Counsel for the petitioner in the company petition, the petitioner was permitted to take out the advertisement as regards the admission of the company petition in two daily newspapers. 4. It is the admitted position by the learned Counsel for the appellant that advertisement has already taken place. In - 3 - HC-KAR NC: 2026:KHC:30581-DB OSA No.3 of 2026 view of the aforesaid, this appeal has been rendered infructuous and is dismissed as such. Sd/- (JAYANT BANERJI) JUDGE Sd/- (TARA VITASTA GANJU) JUDGE KSR List No.: 1 Sl No.: 1