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Madras High CourtCOMP.A/149/2024ordered

The Official Liquidator v. Nil

2024-04-25Honourable Mr Justice Krishnan Ramasamy2 pages

Comp. A.No.149 of 2024 in Comp.A.Nos.186 to188 of 2021 Comp. A.No.149 of 2024 in Comp.A.Nos.186 to188 of 2021 Krishnan Ramasamy,J., It is manifest from the records that this Court vide order dated 28.11.2022 in Company Application No.187 of 2021, permitted the Official Liquidator to transfer 40 percent of the interest accrued from investments to the common pool fund till 31.03.2024, and also granted liberty to approach this Court in case of any clarification or further direction is required.

2. Thus, by virtue of the said order dated 28.11.2022, the learned Official Liquidator was given liberty to seek for any clarification or direction, if required and accordingly, the present application is filed by the applicant seeking the following prayer:- a) To take the report on record;

b) To permit the Official Liquidator to transfer 40 percent of the interest accrued from investments to the common pool fund for a period from 01.04.2024 until 31.03.2025.

https://www.mhc.tn.gov.in/judis 1/2

Comp. A.No.149 of 2024 in Comp.A.Nos.186 to188 of 2021 Krishnan Ramasamy,J., sd

3. Considering the submission made by the applicant, Ms.B.Ambili, learned Deputy Official Liquidator and the report filed in support of this Application, the Company Application is allowed as prayed for. 25.04.2024 sd Comp. A.No.149 of 2024 in Comp.A.Nos.186 to188 of 2021 https://www.mhc.tn.gov.in/judis 2/2