IN THE NATIONAL COMPANY LAW TRIBUNAL, BENGALURU BENCH [Through Physical hearing/VC Mode (Hybrid)]

ITEM No.11 C.P.No.52/BB/2025 IN THE MATTER OF:

Gunjan Gupta … Petitioner Vs.

Tata Elxsi Ltd & Ors. … Respondents Petition under Section 58-59 of CA, 2013 Order delivered on: 13.02.2026 CORAM:

SHRI SUNIL KUMAR AGGARWAL HON’BLE MEMBER (JUDICIAL)

SHRI RADHAKRISHNA SREEPADA HON’BLE MEMBER (TECHNICAL)

PRESENT:

For the Petitioner : Shri Rohil Bandekar

ORDER

The C.P is allowed vide separate order.

File be sent to Record Room.

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RADHAKRISHNA SREEPADA SUNIL KUMAR AGGARWAL MEMBER (TECHNICAL) MEMBER (JUDICIAL)

BL IN THE NATIONAL COMPANY LAW TRIBUNAL BENGALURU BENCH, BENGALURU [Through Physical hearing/ VC Mode (Hybrid)]

C.P. No. 52/BB/2025 Application under Sections 58 and 59 of the Companies Act, 2013 and the Rules made thereunder & Rule 11 and Rule 70 of the NCLT Rules, 2016 IN THE MATTER OF:

Gunjan Gupta Residing at: Bldg. No.11, Flat No.23, Floor 6, Navjivan Co-op Housing Society, Lamington Road, Mumbai - 400 008 …Petitioner Versus

1. Tata Elxsi Ltd.

ITPL Road Whitefield Road, Bangalore, Karnataka - 560048 …Respondent No.1

2. Link Intime India Pvt. Ltd.

C 101, 1^st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083 …Respondent No.2

3. Investor Education and Protection Fund Ground Floor, Jeevan Vihar Building No.3, Sansad Marg, New Delhi - 110001 …Respondent No.3

4. Mrs. Mitani Soonita Harikrishna Residing at: Shreeji Bhuwan, Room No.3, Kama Lane, Ghatkopar W, Mumbai - 400086 …Respondent No.4 Order delivered on: 13.02.2026 Coram: Shri Sunil Kumar Aggarwal, Hon’ble Member (Judicial)

Shri Radhakrishna Sreepada, Hon’ble Member (Technical)

Counsels Present For the Petitioner : Shri Rohil Bandekar For the Respondents : None

O R D E R

As Per RADHAKRISHNA SREEPADA, Member (Technical)

1. The Company Petition has been filed on 12.11.2024 with following prayers a. Order and direct the Respondent No. 1 to recognize the transfer of 100 shares of the Respondent No. 1 Company held under Share Certificate No. 00073496, Folio No. TEM06314, bearing distinctive numbers 0013317911 to 0013318010 and all the entitlements/ benefits/ profits arising out of the said shares in favour of the Petitioner;

b. In the alternative to (a), Order and direct the Respondents to dematerialize and/ or facilitate the dematerialization of 100 shares of the Respondent No. 1 Company held under Share Certificate No. 00073496, Folio No. TEM06314, bearing distinctive numbers 0013317911 to 0013318010 and all the entitlements/ benefits/ profits arising out of the said shares and transfer the same in favour of the Petitioner;

c. Order and direct the Respondent No. 1 to rectify its Register of Members such that the name of the Petitioner is reflected as a shareholder of the Respondent No. 1 Company in respect of 100 shares of the Respondent No. 1 Company held under Share Certificate No. 00073496, Folio No. TEM06314, bearing distinctive numbers 0013317911 to 0013318010 and all the entitlements/benefits/profits arising out of the said shares;

d. Order and direct the Respondents to disclose by way of an affidavit details of all the entitlements/ benefits/ profits arising out of or attached to the 100 shares of the Respondent No. 1 Company held under Share Certificate No. 00073496, Folio No. TEM06314, bearing distinctive numbers 0013317911 to 0013318010;

e. For such other reliefs that this Tribunal may in the interest of justice deem necessary.

2. Facts of the case & Submissions of the Petitioner

1. Respondent No. 4 was the original owner of 100 shares of Respondent No. 1 held under Share Certificate No. 00073496, Folio No. TEM06314, bearing distinctive numbers 0013317911 to

0013318010 (“said Shares”)

2. The Petitioner purchased the said Shares from Respondent No. 4 for valuable consideration. For this purpose, Respondent No. 4 executed Share Transfer Form No. 04862 dated 04.07.1993 under which Respondent No.4 had duly transferred to Petitioner.

3. Pursuant to the execution of the Share Transfer Form, Re