← Library
Madras High CourtCOMP.A/305/2025allowed

The Official Liquidator v. Nill

2025-12-12Honourable Mr Justice N. Anand Venkatesh3 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 12-12-2025

CORAM

THE HONOURABLE MR JUSTICE N. ANAND VENKATESH IN CP No. 115 of 2004 The Official Liquidator High Court, Madras as the Provisional Liquidator of M/s.Vijayakumar Mills Limited (in provisional liquidation) Applicant(s) Vs Nil Respondent(s) PRAYER a) To extend the period for disbursement of dividend for a further period of six months, for the reasons mentioned in para 5 of this report b) To permit the Official Liquidator to transfer the unpaid dividend, if any, to the Registrar of Companies, Tamilnadu, Coimbatore as required under section 555(1) and (3) of the Companies Act, 1956 after expiry of the extended period of six months.

c) To direct that the cost of this application to come from the funds of the company in liquidation.

For Applicant:

Mr.Pola Raghunath Official Liquidator

ORDER

This application has been filed by the Official Liquidator with the following prayer:-

a) To extend the period for disbursement of dividend for a further period of six months, for the reasons mentioned in para 5 of this report b) To permit the Official Liquidator to transfer the unpaid dividend, if any, to the Registrar of Companies, Tamilnadu, Coimbatore as required under section 555(1) and (3) of the Companies Act, 1956 after expiry of the extended period of six months.

c) To direct that the cost of this application to come from the funds of the company in liquidation.

2. Heard the Official Liquidator and perused the report filed by the Official Liquidator.

3. This Court is convinced with the report filed by the Official Liquidator and hence this company application is allowed granting the reliefs as prayed for. 12-12-2025 ss

N.ANAND VENKATESH J.

ss IN CP No. 115 of 2004 12-12-2025