TMI Blog2021 (8) TMI 721X X X X Extracts X X X X X X X X Extracts X X X X ..... in accordance with law within a period of 60 days from today. The Official Liquidator shall be required to publish one more advertisement in daily news paper Rajasthan Patrika (Hindi) and Hindustan Times (English) through advertisement agency publish the notice in Form No.63 under Rule 148(1) of the Companies (Court) Rules, 1959, while making the payment to advertisement agency from the fund of the company - Application disposed off. Seeking direction regarding typist-cum-clerk to do the work of typing etc. - HELD THAT:- The application is allowed. The Official Liquidator shall do the needful, as sought to be made, strictly in accordance with law. Seeking increase in professional fees - HELD THAT:- The application is allowed. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ter of M/s. Mewar Textile Mills Limited (In Liquidation) so as to enable it to claim refund of Tax Deducted at Sources (TDS) - seeking to permit Official Liquidator to pay the audit fees - HELD THAT:- The application is allowed. The Official Liquidator shall do the needful, strictly in accordance with law. Seeking claim of settling subsequent claim to be winding up in accordance with law alongwith interest on the belated payment - HELD THAT:- This Court is of the opinion that at best the applicant being unsecured creditor is entitled for 4% interest per annum - the instant application is disposed of with a direction to the Official Liquidator to pay 4% interest to the applicant from the date of winding up i.e. 23.02.2010 till the date ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... per Rajasthan Patrika (Hindi) and Hindustan Times (English) through advertisement agency publish the notice in Form No.63 under Rule 148(1) of the Companies (Court) Rules, 1959 make the payment to advertisement agency from the fund of the company (In Liquidation) The Official Liquidator Mr. DK Meena along with learned counsel Mr.Rakesh Arora submit that due to COVID times, making of the payment of dividend to the contributors was not possible, however, permission be given now to comply with the same. In light of the above submission, the Official Liquidator is directed to make the payment of dividend to the remaining contributors strictly in accordance with law within a period of 60 days from today. The Official Liquidator shall ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... from August, 2020. For the reasons stated, the application is allowed. The fee of the lawyer as proposed i.e. ₹ 25,000/- per month is allowed and the same shall be payable from the date of application. Application Inward No.88/2020. The official liquidator has moved this application claiming the following relief:- That the Official Liquidator may be allowed to release the claimed and settled amount for ₹ 51,35,624/- to Shri Inder Kumar Agarwal of M/s Govindram Sanjaykumar by way of opening dividend account with State Bank of India, Paota Branch, Jodhpur from the fund of M/s. Mewar Textile Mills Limited (In Liquidation) The Official Liquidator Mr.D.K. Meena along with learned counsel Mr.Rakesh Arora submi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... revalent as already have been paid to other workmen from 23.02.2010 to 10.07.2014 for 1599 days. For the reasons stated, the instant application is allowed. The Official Liquidator shall make the necessary payment, strictly in accordance with law. Application Inward No.8/2020. The official liquidator has moved this application claiming the following relief:- That the Official Liquidator may be allowed to pay second Dividend to contributories @ ₹ 3,000/- (Rs. Three Thousand only) per shares in terms of para 9 of this report by opening the Dividend account with Punjab National Bank, Paota, 'C' Road, Jodhpur with amount of ₹ 34,19,67,000/-. For the reasons stated, the application is allowed. The Off ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Petition No.8/2000 Application Inward No.07/2020 The instant application has been filed by the applicant who is an unsecured creditor and seeks claim of settling subsequent claim to be winding up in accordance with law alongwith interest on the belated payment. The Official Liquidator present in the Court submits that Rule 179 of the Companies (Court) Rules, 1959 is applicable and the unsecured creditor is entitled to interest at the rate of 4% per annum. After hearing, learned counsel for the parties, this Court is of the opinion that at best the applicant being unsecured creditor is entitled for 4% interest per annum. In view of the above, the instant application is disposed of with a direction to the Official Liquid ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
