- 1 - HC-KAR NC: 2026:KHC:5182 COP No. 172 of 2014 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 30TH DAY OF JANUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ COMPANY PETITION NO. 172 OF 2014 BETWEEN: SMT. RANGAPRIYA NARAYAN W/O SRI. M.N. NARAYAN & D/O SRI. R.A. NARASIMHACHAR, AGED ABOUT 73 YEARS, NO.2717, D-43, 2ND MAIN, V.V. PURAM, MYSORE-570 002. …PETITIONER (BY SRI. SHRAVANTH ARYA TANDRA, ADVOCATE) AND: M/S. KANVA INDUSTRIES PRIVATE LIMITED A COMPANY INCORPORATED UNDER THE PROVISIONS OF THE COMPANIES ACT, 1956, HAVING ITS REGISTERED OFFICE AT: NO.2, INDUSTRIAL LAYOUT, K.R.SAGAR ROAD, METTAGALLI POST, MYSORE-570 016, KARNATAKA, INDIA, HAVING ITS CORPORATE IDENTITY NO. I.E., CIN: U24294KA1977PTCOO3130 REPRESENED BY ITS MANAGING DIRECTOR. …RESPONDENT (BY SRI. AJESH KUMAR, ADVOCATE) Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:5182 COP No. 172 of 2014 THIS COMPANY PETITION IS FILED UNDER SECTION 433 (c) AND (f) AND OF THE COMPANIES ACT, 1956, PRAYING THAT (A) THE RESPONDENT COMPANY HEREIN, KANVA INDUSTRIES PRIVATE LIMITED BEARING CORPORATE IDENTITY NO. I.E., CIN:U24294KA1977PTC003130, BE WOUND UP BY AN ORDER OF THIS HON'BLE COURT UNDER THE PROVISIONS OF THE COMPANIES ACT, 1956; AND ETC. THIS PETITION, COMING ON FOR ADMISSION, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ ORAL ORDER 1. Petitioner is before this court seeking for the following reliefs: “(a) The Respondent Company herein, Kanva Industries Private Limited bearing Corporate Identity No. i.e., CIN:U24294KA1977PTC003130, be wound up by an order of this Hon'ble Court under the provisions of the Companies Act, 1956; (b) The Official Liquidator attached to this Hon'ble Court be appointed Liquidator of the above named Respondent Company with all powers under the provisions of the Companies Act, 1956 to take possession of its assets/properties, books and accounts forthwith and to conduct its affairs in the course of the liquidation proceedings and to distribute its assets or properties in accordance with law. - 3 - HC-KAR NC: 2026:KHC:5182 COP No. 172 of 2014 (c) That such other order or orders, as the nature and the circumstances of the case may require, be passed and such other directions be given and enquiries made as may be deemed just, convenient and proper by this Hon'ble Court, in the interest of justice; (d) That the cost of this Petition be awarded to the Petitioner.” 2. A memo dated 30.01.2026 has been filed by the petitioner, which reads as under: “Counsel for the Petitioner humbly submits: That, the parties have amicably decided to settle the disputes that gave rise to the captioned Petition by entering into a Shareholders Agreement dated 27th January 2026. Copy of the Shareholders Agreement is produced herewith along with this Memo with a request to dispose of the matter by taking into consideration the Shareholders Agreement dated 27th January 2026 in the interest of justice, and equity.” 3. Along with the said memo, the Shareholders' Agreement dated 27.01.2026 has been enclosed. 4. Both the counsel submit that the dispute between the petitioner and the respondent has been settled in terms of the Memo and Shareholders' Agreement dated 27.01.2026. - 4 - HC-KAR NC: 2026:KHC:5182 COP No. 172 of 2014 5. The said submission is placed on record. 6. Petition is dismissed as settled out of Court. 7. Pending applications, if any, stand disposed of. SD/- (SURAJ GOVINDARAJ) JUDGE TL List No.: 1 Sl No.: 3