- 1 - HC-KAR CNR: KAHC010118242024 NC: 2026:KHC:48682 CRL.P No. 1937 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 8TH DAY OF SEPTEMBER, 2026 BEFORE THE HON'BLE MR. JUSTICE RAJESH RAI K CRIMINAL PETITION NO. 1937 OF 2024 BETWEEN: 1. LOTUS STEEL BILLETS (INDIA) PRIVATE LIMITED 565-A, KIADB INDUSTRIAL AREA, SAMUDRA VALLI, HOBLI SHANTHIGRAMA, HASSAN, KARNATAKA - 573 201 REPRESENTED BY ITS DIRECTORS. 2. MR. MAHESH ASKARANDAS (DIRECTOR) LOTUS STEEL BILLETS (INDIA) PRIVATE LIMITED, S/O NARAINDAS ASKARANDAS, AGED ABOUT 70 YEARS, R/AT MOHINI PLOT NO.7, KOTHARIWADI SCHEME RAMCHANDRA LANE, MALAD WEST MUMBAI, MAHARASHTRA - 400 064 3. MR. KUNAL MAHESH (DIRECTOR) LOTUS STEEL BILLETS (INDIA) PRIVATE LIMITED, S/O MAHESH ASKARANDAS, AGED ABOUT 38 YEARS, Digitally signed by PANKAJA S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010118242024 NC: 2026:KHC:48682 CRL.P No. 1937 of 2024 R/AT MOHINI PLOT NO.7, KOTHARIWADI SCHEME RAMCHANDRA LANE, MALAD WEST MUMBAI, MAHARASHTRA - 400064 …PETITIONERS (BY SRI. HEMANTH KUMAR K, ADVOCATE) AND: TEH REGISTRAR OF COMPANIES IIND FLOOR, 'E' WING, KENDRIYA SADAN, KORAMANGALA, BENGALURU - 560 034 …RESPONDENT (BY SRI. JAVEED S, HCGP) THIS CRL.P IS FILED U/S.482 OF CR.P.C PRAYING TO QUASH THE ENTIRE PROCEEDINGS IN C.C.NO.114/2021 FOR THE OFFENCE P/US/ 170 OF THE COMPANIES ACT 2013 PENDING ON THE FILES OF THE SPECIAL COURT FOR ECONOMIC OFFENCE, BENGALURU. THIS PETITION, COMING ON FOR ADMISSION, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: - 3 - HC-KAR CNR: KAHC010118242024 NC: 2026:KHC:48682 CRL.P No. 1937 of 2024 CORAM: HON'BLE MR. JUSTICE RAJESH RAI K ORAL ORDER Learned counsel for the petitioner has filed a memo seeking leave of this Court to withdraw the petition stating that the matter between the parties has been settled before the Trial Court. Placing memo on record, the petition is dismissed as withdrawn. SD/- (RAJESH RAI K) JUDGE CR List No.: 1 Sl No.: 60