M/S Novorossiysk Shipping Company v. Adithya Exports Limited,

HON'BLE SRI JUSTICE S.V. BHATT COMPANY APPLICATION No.1378 OF 2014 In/ And COMPANY PETITION No.41 OF 2000 ORDER:

This application is filed under Section 481 of the Companies Act, 1956 (for short 'the Act') read with Rules 9, 281 and 282 of the Companies (Court) Rules, 1959 (for short 'the Rules'). On 07.11.2000, this Court ordered winding up of M/ s.Adithya Exports Limited. The Official Liquidator stated that inspite of best efforts, the Official Liquidator could not serve notices on the Ex-Directors of the company and their whereabouts are not known. It is further stated that the fund available with the Official Liquidator is only Rs.97/ -. Therefore, the Company in Liquidation can be dissolved under Section 481 of the Act. I have perused the affidavit of Official Liquidator and also the record. I am satisfied that the Company in Liquidation can be directed to be dissolved and continuation of winding of process is no more required.

Hence, this Court orders dissolution of M/ s.Adithya Exports Limited and permits the Official Liquidator to transfer the amount standing to the credit of M/ s. Adithya Exports Limited to Estate and Establishment Fund Account. The Company under Liquidation shall be deleted from the Registrar of Companies. The company application is ordered accordingly. In view of order for dissolution, C.P.No.41 of 2000 is closed, as further orders are not necessary.

____________ S.V.BHATT, J Date:29.01.2018 Prv