- 1 - HC-KAR NC: 2026:KHC:4486 COP No. 272 of 2013 A/W CA NO.731 OF 2014, CA NO.20 OF 2018, CA NO.83 OF 2018 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 23RD DAY OF JANUARY, 2026 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ COMPANY PETITION NO. 272 OF 2013 A/W COMPANY APPLICATION NO.731 OF 2014, COMPANY APPLICATION NO.20 OF 2018, COMPANY APPLICATION NO.83 OF 2018 IN COP NO.272 OF 2013: BETWEEN: M/S STCL LIMITED A COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956, AND HAVING ITS REGISTERED OFFICE AT 3RD FLOOR, NO.7/A, NANDINI SFHS LAYOUT, BANGALORE-560096 KARNATAKA, INDIA …PETITIONER (BY SRI. ARAVIND DESAI, ADVOCATE (ABSENT); SRI. S. RANGASWAMY, ADVOCATE FOR OBJECTING CREDITOR; SRI. CHINTAN CHINNAPPA, ADVOCATE FOR OBJECTOR (SBI)) AND: NIL …RESPONDENT THIS PETITION IS FILED UNDER SECTION 433(a) OF THE COMPANIES ACT, 1956 PRAYING TO WIND UP THE COMPANY, M/S STCL LIMITED HAVING ITS REGISTERED OFFICE AT 3RD Digitally signed by MARKONAHALLI RAMU PRIYA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2026:KHC:4486 COP No. 272 of 2013 A/W CA NO.731 OF 2014, CA NO.20 OF 2018, CA NO.83 OF 2018 FLOOR, NO.7/A, NANDINI SFHS LAYOUT, BANGALORE-560096, KARNATAKA, INDIA, UNDER THE PROVISIONS OF THE COMPANIES ACT, 1956. IN CA NO.731 OF 2014: BETWEEN: M/S STCL LIMITED A COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956, AND HAVING ITS REGISTERED OFFICE AT 3RD FLOOR, NO.7/A, NANDINI SFHS LAYOUT, BANGALORE-560096 KARNATAKA, INDIA REPRESENTED BY ITS MANAGING DIRECTOR ...APPLICANT (BY SRI. ARAVIND DESAI, ADVOCATE (ABSENT); SRI. S. RANGASWAMY, ADVOCATE FOR OBJECTING CREDITOR; SRI. CHINTAN CHINNAPPA, ADVOCATE FOR OBJECTOR (SBI)) AND: 1. THE ASSISTANT COMMISSIONER VAT SPECIAL CIRCLE (PRODUCE) DEPARTMENT OF COMMERCIAL TAXES, MATTANCHERY, KOCHI-682002 2. THE DEPUTY COMMISSIONER (APPEALS) COMMERCIAL TAXES, ERANAKULAM-681015. 3. INSPECTING ASSISTANT COMMISSIONER COMMERCIAL TAXES, MATTANCHERRY, KOCHI-682002 …RESPONDENTS - 3 - HC-KAR NC: 2026:KHC:4486 COP No. 272 of 2013 A/W CA NO.731 OF 2014, CA NO.20 OF 2018, CA NO.83 OF 2018 THIS APPLICATION IS FILED UNDER SECTION 443(1)(C) OF THE COMPANIES ACT, 1956 READ WITH RULES 6, 9, 11 AND 19 OF THE COMPANIES (COURT) RULES, 1959 READ WITH SECTION 151 OF CPC PRAYING TO GRANT STAY ON THE NOTICE OF DEMAND DATED 22ND APRIL 2013 ISSUED BY THE 1ST RESPONDENT HEREIN AND MARKED AS ANNEXURE-C TO THIS APPLICATION AND REVENUE RECOVERY NOTICE ISSUED BY THE 3RD RESPONDENT, HEREIN MARKED AS ANNEXURE-D TO THIS APPLICATION, IN VIEW OF THE WINDING UP PROCEEDINGS PENDING BEFORE THIS HON'BLE COURT. IN CA NO.20 OF 2018: BETWEEN: M/S STCL LIMITED A COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956, AND HAVING ITS REGISTERED OFFICE AT 3RD FLOOR, NO.7/A, NANDINI SFHS LAYOUT, BANGALORE-560096 KARNATAKA, INDIA REPRESENTED BY ITS MANAGING DIRECTOR ...APPLICANT (BY SRI. ARAVIND DESAI, ADVOCATE (ABSENT)) AND: NIL …RESPONDENT (BY SRI. M.S.BHAGAWAT, ADVOCATE FOR IMPLEADING RESPONDENTS) - 4 - HC-KAR NC: 2026:KHC:4486 COP No. 272 of 2013 A/W CA NO.731 OF 2014, CA NO.20 OF 2018, CA NO.83 OF 2018 THIS APPLICATION IS FILED UNDER RULES 6 AND 9 OF COMPANIES COURT RULES, 1959 READ WITH ORDER I RULE 10(2) OF THE CPC PRAYING TO PERMIT THEM TO COME ON RECORD AS RESPONDENTS IN THE ABOVE PETITION, IN THE INTEREST OF JUSTICE AND EQUITY. IN CA NO.83 OF 2018: BETWEEN: STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT BRANCH, ST.MARKS ROAD, BENGALURU-560001. REPRESENTED BY ITS AUTHORISED SIGNATORY SHRI. C. PRAKASH REDDY ...APPLICANT (BY SRI. CHINTAN CHINNAPPA, ADVOCATE) AND: M/S STCL LIMITED A COMPANY REGISTERED UNDER THE COMPANIES ACT, 1956, AND HAVING ITS REGISTERED OFFICE AT 3RD FLOOR, NO.7/A, NANDINI LAYOUT, BANGALORE-560096 …RESPONDENT (BY SRI. ARVIND DESAI, ADVOCATE (ABSENT)) THIS APPLICATION IS FILED UNDER ORDER 26 OF CPC READ WITH RULES 6 AND 9 OF THE COMPANY COURT RULES, 1959 PRAYING TO APPOINT FORENSIC AUDITOR, WHO IS A QUALIFIED CHARTERED ACCOUNTANT TO LOOK INTO THE - 5 - HC-KAR NC: 2026:KHC:4486 COP No. 272 of 2013 A/W CA NO.731 OF 2014, CA NO.20 OF 2018, CA NO.83 OF 2018 BOOKS OF ACCOUNTS OF THE RESPONDENT COMPANY AND REPORT THE SAME TO THIS HON'BLE COURT WITH REGARD TO THE MISAPPROPRIATION IF ANY IN THE COMPANY HEREIN. THIS PETITION A/W APPLICATIONS, COMING ON FOR HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ ORAL ORDER 1. Despite the order dated 09.01.2026, none appears for the petitioner. It appears that the petitioner is not interested in prosecuting the petition. 2. Hence, COP No.272/2013 is dismissed for non- prosecution. 3. In view of disposal of COP No.272/2013, C.A.Nos.731/2014, 20/2018 and 83/2018 stand disposed. Sd/- (SURAJ GOVINDARAJ) JUDGE HJ List No.: 1 Sl No.: 9