OD-4 ORDER SHEET IN THE HIGH COURT AT CALCUTTA Original Jurisdiction ORIGINAL SIDE IA NO. CA/17/2024 In CP/348/2003 IN THE MATTR HOOGHLY INK COMPANY (DELHI) P. LTD. (IN LIQN.) -AND- ARUN KUMAR AGARWALA -VS- THE OFFICIAL LIQUIDATOR, HIGH COURT, CALCUTTA BEFORE: The Hon’ble JUSTICE KRISHNA RAO Date: April 16, 2025. Appearance: Mr. Rudradeb Choudhury, Adv. Mr. Rishad Medora, Adv. Ms. Antara Biswas, Adv. Ms. Saolini Bose, Adv. … for the applicant Ms. Tanushree Dasgupta, Adv. …for the Official Liquidator 1. Mr. Rudradeb Choudhury, learned Advocate, is appearing for the applicant/petitioner. 2. Ms. Tanushree Dasgupta, learned Advocate, is appearing for the Official Liquidator. 3. The petitioner/applicant has filed the present application praying for a direction upon the Official Liquidator to issue dividend of the surplus amount to the contribution in terms of affidavit of claim filed by the contributories being 100 percent contributories of the said company in liquidation along with interest accrued there in. 4. Counsel for the petitioner/applicant also prayed for a direction upon the Official Liquidator to provide the accounts of all the creditors claimed settled by the Official Liquidators in the present case. 2 5. Counsel for the applicant has relied upon the judgment passed by this Court dated 18th April, 2012 wherein this Court has passed the following order: “The Official Liquidator will invite claims from all creditors of the company (in liquidation) and settle the claims in accordance with law within a period of four months from date. The Official liquidator will thereafter disburse the money received from the two allottees to the persons rightfully entitled thereto in accordance with law. The Official liquidator should apply for dissolution of the company upon the payment being made over to the persons entitled thereto and within two months of the completion of the payment by the allottees to the Official Liquidator.” 6. Counsel for the applicant submits that in spite of the specific direction passed by this Court, till date the Official Liquidator has not complied with the order passed by this Court dated 18th April, 2012. 7. Counsel for the Official Liquidator prays for three weeks time for settlement and adjudication of the claim in accordance with the prevailing law. 8. Counsel for the applicant raised objection and submits that there is a direction passed by this Court only the Official Liquidator has to comply with the said order but in spite of the same, the Official Liquidator time and again taking time from this Court instead of comply with the order passed by this Court. 9. Considering the submission made by the Counsel for the respective parties, this Court direct the Official Liquidator to comply with the order passed by this Court dated 18th April, 2012 by issuing dividend of the surplus amount to the said contributors in terms of the affidavit of claim filed by the contributories being 100 percent contributories of the said company in 3 liquidation along with interest as well as to provide accounts of all the creditors claimed settled by the Official Liquidator on or before 7th May, 2025 and file the report before this Court on 14th May, 2025. 10. Let the matter appear on 14th May, 2025 for filing report by the Official Liquidator. (KRISHNA RAO, J.) S.Mandi