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2018 (2) TMI 335

any’s account, the Official Liquidator shall not be required to do any further act for winding up of the company and therefore the company could be dissolved and the Official Liquidator could be discharged and relieved of his duty to function as liquidator of company in liquidation. - In view of the above, the company-M/s.Geeta Fabrics Ltd. (in Liquidation) is ordered to be dissolved under section 481 of the Act. The Official Liquidator shall stand discharged and relieved as liquidator of the company in liquidation. The ex-directors of the company are directed to give undertaking to the Official Liquidator that if any, liability in future arises in connection with the company in liquidation, they shall be responsible. The Official Liqui .....

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ation No.384 of 2008. A copy of order dated 23.10.2008 passed by Hon ble High Court of Gujarat in Company Application No.384 of 2008 is annexed hereto and marked as Annexure A . 7) That, the Official Liquidator most respectfully further submits that the Official Liquidator has disbursed an amount of ₹ 17 lacs being sale proceeds to State Bank of India, Secured Creditor of the company in liquidation as full and final settlement against their claim in terms of order dated 25.10.2004 passed by Hon ble High Court of Gujarat in Company Application No.218 of 2004. A copy of order dated 25.10.2004 passed in Company Application No.218 of 2004 is annexed hereto and marked as Annexure B . 8) That, the Official Liquidator most respectfully furth .....

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also been certified by Charted Accountant in his report as Auditor Balance Certificate of M/s. Shah Dinesh Dahyalal & Associates, Chartered Accountants. A copy of Chartered Accountant Report alongwith professional fee bill of ₹ 1,500/- are annexed herewith as Annexure D . This fulfills the requirement of Rule 281 of Companies Court Rules 1959. In addition to the above, the said Chartered Accountant has also verified the record of the Registrar of Companies record in this regard. 16) That, Official Liquidator most humbly submits that during the process, prior intimation letters for dissolution of the subject company were sent to the Registrar of Companies, Gujarat, Income-Tax Department, Secured Creditors, Petitioner Creditor and .....

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/- is in the balance of the company s account, the Official Liquidator shall not be required to do any further act for winding up of the company and therefore the company could be dissolved and the Official Liquidator could be discharged and relieved of his duty to function as liquidator of company in liquidation. 5. In view of the above, the company-M/s.Geeta Fabrics Ltd. (in Liquidation) is ordered to be dissolved under section 481 of the Act. The Official Liquidator shall stand discharged and relieved as liquidator of the company in liquidation. The ex-directors of the company are directed to give undertaking to the Official Liquidator that if any, liability in future arises in connection with the company in liquidation, they shall be re .....

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