MUMBAI BENCH, COURT – V

In the matter of petition under Section 66 of the Companies Act 2013 read with the National Company Law Tribunal Rules, 2016, National Company Law Tribunal (Procedure for Reduction of Share Capital of Company) Rules,

2016.

AND

In the matter of Reduction of Equity Share Capital of Vanaz Engineers Limited (the “Petitioner

Company”)

Vanaz Engineers Limited, ) (CIN U29299PN1949PLC006866) ) a Company incorporated under the provisions of ) Companies Act 1913 having its registered ) office at 85/1 Paud Road, Pune- 411038, ) Maharashtra, India )

…… Petitioner Company Order dated.22.04.2024

CORAM:

Ms. Reeta Kohli, Hon’ble Member (J)

Ms. Madhu Sinha, Hon’ble Member (T)

For the Petitioner: Mr. Hemant Sethi a/w Ms. Devanshi Sethi, Tanaya

Sethi, i/b. Hemant Sethi & Co., Advocates For Regional Director: Mr. Altap Shaikh, ICLS (VC)

ORDER

1. The Court is convened through hybrid mode (Physically and Video-

conference).

2. Heard Learned Counsel for the Petitioner Company and the representative from the Regional Director (WR). No objector has come before the Tribunal to oppose the Petition and nor has any party controverted any averments made in the Petition.

3. The learned Counsel for the Pe