IN THE NATIONAL COMPANY LAW TRIBUNAL: NEW DELHI PRINCIPAL BENCH Transfer Application (Co. Act)/6(PB)/2026 IN THE MATTER OF:

M/s. PATEL ENGINEERING LIMITED …. Applicant Versus STATE BANK OF INDIA .... Respondent Order under Rule 16(d) NCLT, 2016 Order Pronounced on: 08.05.2026 CORAM:

SHRI BACHU VENKAT BALARAM DAS HON’BLE ACTING PRESIDENT PRESENT:

For the Applicant : Mr. Aditya Swarup, Advocate along with Mr.

Tushar Bhardwaj, Mr. Ribhav Pande and Mr.

Mohammed Ilyas, Advocate For the Respondent(s) Ms. Srideepa Bhattacharyya, Advocate along with Ms. Neha Shivhare, Ms. Udisha Mishra and Mr.

Madhav Kanoria, Advocates ORDER

1. The present Applicant, has been filed by Applicant / Patel Engineering Ltd ("Guarantor" or “Corporate Guarantor”), seeking the following prayers:

“A. This Hon'ble Tribunal be pleased to pass an order directing transfer of Company Petition (IB) No. 1092 of 2023 pending before the Hon'ble National Company Law Tribunal, Mumbai Bench to the Hon'ble National Company Law Tribunal, Bengaluru Bench;

B. This Hon'ble Tribunal may pass such other order or orders as it may deem fit and proper in the facts and circumstances in the case and thus render justice.”

Brief Background

2. The Appl