IN THE NATIONAL COMPANY LAW TRIBUNAL

NEW DELHI BENCH

COURT-IV

Sections 230 to 232 of the Companies Act, 2013 read with Companies (Compromise, Arrangements ad Amalgamation) Rules, 2016 and other

applicable provisions thereof.

IN THE MATTER OF:

HARYANA ISPAT PRIVATE LIMITED

CIN: U27101DL2005PTC134366

Registered Office: Unit No. 515, DLF Tower A

Jasola District Centre, New Delhi-110025

…Transferor Company/Petitioner Company No. 1

And

STERLING TOOLS LIMITED

CIN: L29222DL1979PLC009668

Registered Office: Unit No. 515, DLF Tower A

Jasola District Centre, New Delhi-110025

…Transferee Company/Petitioner Company No. 2

And

Their Respective Shareholders and Creditors

(For the sake of brevity Petitioner Company No. 1 and Petitioner

Company No. 2 are hereinafter collectively referred to as “Petitioner

Companies”]

Order Delivered on: 27.03.2025

CORAM:

SHRI MANNI SANKARIAH SHANMUGA SUNDARAM,

HON’BLE MEMBER (JUDICIAL)

DR. SANJEEV RANJAN,

HON’BLE MEMBER (TECHNICAL)

PRESENT:

For the Applicant : Mr. Lokesh Dhyani, Adv. & Mr. Yash, Adv.

For the OL : Mr. Kartikeya Asthana, Adv.

For the IT : Mr. Puneet Rai, SSC, Adv Ashvini Kr,

Adv Rishabh Nangia, Adv Nikhil Jain

For the RD : Mr. Sumit Kansal, Adv.

ORDER

PER: DR. SANJEEV RANJAN, MEMBER (