IN THE NATIONAL COMPANY LAW TRIBUNAL,

DIVISION BENCH – II, CHENNAI

CP (CA) 84/ (CHE)/ 2022

(Under Section 241, 242 and other applicable provisions of the Companies Act, 2013)

In the matter of Mira Alloy Steels Private Limited

CANALTA STEELS AND ALLOYS INDIA

PRIVATE LIMITED,

No.123, Sathy Road, Kurumbapalayam,

Coimbatore – 641 107

… Petitioners

-vs-

1. M/S MIRA ALLOY STEELS PRIVATE LIMITED,

No.123, Sathy Road, Kurumbapalayam,

Coimbatore – 641 107

2. MR. S.P. ARUNKUMAR,

9/3, BRR Nagar, 2nd Cross, Sathy Main Road,

Gandhipuram, Coimbatore – 641 012.

3. MR. S.P. ARAVINTHAN

9/3, BRR Nagar, 2nd Cross, Sathy Main Road,

Gandhipuram, Coimbatore – 641 012

4. VINTEK CASTINGS PRIVATE LIMITED,

SF No.97/ 1-B, Arasampalayam Kinathukadavu,

Coimbatore – 642 109

…Respondents

IN THE NATIONAL COMPANY LAW TRIBUNAL,

DIVISION BENCH – II, CHENNAI

IA (CA) 31/ (CHE)/ 2024 In CP (CA) 84/ (CHE)/ 2022

(Under Section 242(4) and other applicable provisions of the Companies Act, 2013)

In the matter of Mira Alloy Steels Private Limited

1. MR. S.P. ARUNKUMAR,

9/3, BRR Nagar, 2nd Cross, Sathy Main Road,

Gandhipuram, Coimbatore – 641 012.

2. MR. S.P. ARAVINTHAN

9/3, BRR Nagar, 2nd Cross, Sathy Main Road,

Gandhipuram, Coimbatore – 641 012 … Applicant/ Respondent -vs-

1. M/S MIRA ALLOY STEELS PRIVATE LIMITED, No.123, Sathy Road, Kurumbapalayam, Coimbatore – 641 107

2. CANALTA STEELS AND ALLOYS INDIA PRIVATE LIMITED, No.123, Sathy Road, Kurumbapalayam, Coimbatore – 641 107

3. MR. DEROLD GARY' CLARK, No.123, Sathy Road, Kurumbapalayam, Coimbatore – 641 107

4. MR. MICHAEL DEROLD CLARK, No.123, Sathy Road, Kurumbapalayam, Coimbatore – 641 107 …Respondents/ Petitioners

5. MR. SURESH ARUMUGAM, C/o Canalta Steels and Alloys India Private Limited, No.123, Sathy Road, Kurumbapalayam, Coimbatore – 641 107

6. MR. GUNASEKARAN, C/o Canalta Steels and Alloys India Private Limited, No.123, Sathy Road, Kurumbapalayam, Coimbatore – 641 107 …Respondents IN THE NATIONAL COMPANY LAW TRIBUNAL, DIVISION BENCH – II, CHENNAI IA (CA) 125/ (CHE)/ 2025 In CP (CA) 84/ (CHE)/ 2022 (Under Section 242(4) and other applicable provisions of the Companies Act, 2013)

In the matter of Mira Alloy Steels Private Limited CANALTA STEELS AND ALLOYS INDIA PRIVATE LIMITED, No.123, Sathy Road, Kurumbapalayam, Coimbatore – 641 107 … Petitioners -vs-

1. M/S MIRA ALLOY STEELS PRIVATE LIMITED, No.123, Sathy Road, Kurumbapalayam, Coimbatore – 641 107

2. MR. S.P. ARUNKUMAR, 9/3, BRR Nagar, 2nd Cross, Sathy Main Road, Gandhipuram, Coimbatore – 641 012.

3. MR. S.P. ARAVINTHAN

9/3, BRR Nagar, 2nd Cross, Sathy Main Road, Gandhipuram, Coimbatore – 641 012

4. VINTEK CASTINGS PRIVATE LIMITED, SF No.97/ 1-B, Arasampalayam Kinathukadavu, Coimbatore – 642 109 …Respondents Order pronounced on 19.11.2025 CORAM SHRI. JYOTI KUMAR TRIPATHI, MEMBER (JUDICIAL)

SHRI. RAVICHANDRAN RAMASAMY, MEMBER (TECHNICAL)

Present;

For Petitioners: P. H. Arvindh Pandian and Mohamed Wasif Khan, Advocates For Respondents: R. Vidhya Shankar and Pranav V Shankar, Advocates

ORDER

(Hearing through hybrid mode The main application has been filed under Section 241, 242 and other applicable provisions of the Companies Act, 2013, by Canalta Steels and Alloys India Private Limited, seeking reliefs against acts of oppression and mismanagement alleged to have been committed by the minority shareholders of Mira Alloy Mira India Private Limited, Mr. S. P. Arunkumar and Mr. S. P. Aravinthan, who are arrayed as Respondents 2 and 3. The 1st Respondent, Mira Alloy Steels Private Limited, is the company in respect of which the present petition has been preferred. The reliefs sought are as follows:

“V. Relief(s) sought.

A. Final Reliefs:

In view of the facts mentioned above, the Petitioner prays for the following relief(s):

(l)To declare that the acts of the Respondent No. 2 and 3 are oppressive and prejudicial to the interest of the Respondent Company and the Petitioner.

(2) To declare that the and 3rd Respondents are unfit to be a director of the 1st Respondent Company and remove the 2nd and 3rd Respondents as Directo