1 26.ca-106-11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION jmi COMPANY APPLICATION NO. 106 OF 2011 IN COMPANY PETITION NO. 228 OF 1990. Amey Marketing Syndicate. ..Applicant. vs. The Official Liquidator of Shuruguwa Industries Pvt. Ltd. ..Respondent. .... Mr. Piyush Shah, for Applicant. Dr. Pandian, Official Liquidator, present. .... CORAM : S.J. KATHAWALLA, J. DATE : 9TH JUNE 2011. P.C. : By this Company Application, the Applicant seeks directions against the Official Liquidator to enhance the claim of the Applicant/Petitioner and to pay interest at the rate of 18% per annum on Rs.9,49,000/-till realisation. The Official Liquidator has filed his reply to the said Application pointing out that the applicant was entitled to interest only upto the date of winding up order in terms of Rule 154 and Rule 156 of the Companies (Court) Rules, 1959. He has further pointed out that after paying the claim amount to the claimants and other workers, if any excess amount is left with the Official Liquidator in the company account, it will be distributed to the workers at the rate of 4% under Rule 179 of the Companies (Court) Rules, 1959. In view thereof, the question of enhancing the rate of interest as prayed does not arise. 2. The learned Advocate appearing for the Applicant now states that he is not pressing his claim for enhanced interest if the 2 26.ca-106-11 Official Liquidator forthwith pays the amount of Rs.21,41,505/- to the Applicant. The Official Liquidator states that he shall pay the said amount of Rs.21,41,505/- to the Applicant on or before 21st June 2011. The statement is accepted. Needless to add that after paying the claim amount to the claimants and the workers if any excess amount is left with the Official Liquidator in the company account, he shall distribute the amount to all the claimants, workers including the Applicant as interest at the rate of 4 % in terms of Rule 179 of the Companies (Court) Rules, 1959. 3. The Company Application is accordingly, disposed of. [ S.J. KATHAWALLA, J. ]