Official Liquidator v. Kanakdhara Stell Ltd.

1/1 25.OLR192.19.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION OFFICIAL LIQUIDATOR'

S REPORT NO.192 OF 2019 IN COMPANY PETITION NO.322 OF 1994 In the matter of the Companies Act, I of 1956 And In the matter of winding-up of Kanakdhara Steel Ltd. ( In Prov.Liqn.) ---- Mr.Mahendhar Aithe-Company Prosecutor present. ---- CORAM :K.R.SHRIRAM,J DATE : 30.8.2019 P.C.:- 1.

In view of what is stated in the report, report is allowed in terms of prayer clauses-(a) and (b) with the clarification that the interest payable is 9% and not 12% p.a. since the interest rate in fixed deposit is around 7% p.a. today.

(K.R.SHRIRAM,J) KJ