IN THE NATIONAL COMPANY LAW TRIBUNAL

SPECIAL BENCH, BENGALURU

(Through web-based Video Conferencing mode)

C.A.(CAA)No.05/BB/2024

U/ss. 230 to 232 and other applicable

provisions of the Companies, Act, 2013

IN THE MATTER OF SCHEME:

M/s. Shankaranarayana Constructions Private Limited

R/o. at No.7, Residency Road, O.D. No.9,

Rajaram Mohan Roy Road, Bengaluru Road,

Bengaluru – 560 025 - Applicant Company No.1/

Demerged Company

AND

M/s. Shankaranarayana Developers Private Limited

R/o. at No.9, Rajaram Mohan Roy Road,

Bengaluru-560 025 - Applicant Company No.2/

Resulting Company No.1

AND

M/s. Shankaranarayana Hotels Private Limited

R/o. at No.34, Cunnigham Road,

Bengaluru – 560 052 - Applicant Company No.3/

Resulting Company No.2

Order delivered on: 02nd May, 2024

CORAM: 1. Hon’ble Justice (Retd.) T. Krishnavalli, Member (Judicial)

2. Hon’ble Shri Manoj Kumar Dubey, Member (Technical)

PRESENT:

For the Applicant Companies : Shri R. Inbaraju

O R D E R

Per: Bench

1. The present first motion Application has been filed on 12.01.2024 by the

Applicant Companies viz., M/s. Shankaranarayana Constructions Private Limited (described in short as “Applicant Company No.1/Demerged Company”), M/s. Shankaranarayana Developers Priva