NATIONAL COMPANY LAW TRIBUNAL COURT NO. 1 ITEM No.201 TP 179 of 2019 [CP(IB) 532 of 2019]

Order under Section Sec. 60(5), 53(1)(b)(i) & 53(c) r.w. Reg. 19, 30 & 31A a.w.

Rule 11 IN THE MATTER OF:

Engineer & Electrical Goods Majdoor Sangh, Through its President Radheshyam C. Verma ........Applicant V/s Naveen Khandelwal, Liquidator of M/s Gajra Bevel Gears Ltd & Ors ........Respondents Coram:

Hon’ble Shri Brajendra Mani Tripathi, Member (J)

Hon’ble Shri Man Mohan Gupta Member (T)

PRONOUNCEMENT OF ORDER Delivered on 15/04/2026 The case is fixed for pronouncement of the order.

The order is pronounced in open Court vide separate sheet. Sd/- Sd/-

MAN MOHAN GUPTA BRAJENDRA MANI TRIPATHI MEMBER (TECHNICAL) MEMBER (JUDICIAL)

Tomar

Date of Order: 15.04.2026 NATIONAL COMPANY LAW TRIBUNAL BENCH AT INDORE IA/140(MP)2024 IN TP 179 of 2019 [CP(IB)/532(MP)2019]

[An Application filed under Section 60(5) of the IBC, 2016 r.w. Rule 11 of the NCLT Rules, 2016]

1. Engineer & Electrical Goods Majdoor Sangh, Through its President Radheshyam C. Verma, 9/4, Khari Bawdi, Dewas, Madhya Pradesh-455001 …...Applicant No.1 Vs

1. Mr. Naveen Khandelwal, Liquidator of M/s Gajra Bevel Gears Limited Address: 206, Navneet Plaza,