-1- GPN-J-2459-ARHCBN-3-04-1,00,000-ALA4* [Spl.-H.C.,A.S.,C.D.79e. IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH, NAGPUR. O.L.R.NO. 16/2009 In the matter of M/s. Maharashtra Explosives ----------------------------------------------------------------------------------------------------------------------------------- Office Notes, Office Memoranda of Coram appearances, Court's orders or Directions Court's or Judge's Orders. And Registrar's Orders. ----------------------------------------------------------------------------------------------------------------------------------- CORAM : B.P.DHARMADHIKARI, J. DATED : MARCH 6, 2009. By this report, Official Liquidator state that the work of verification of claims is over and he is in position to declare 100% dividend for workers and also for full amount for secured creditors till the date of winding up order. He has accordingly filed list of secured creditors with their entitlement as Annexures- A and B with this report. He is also seeking permission to advertise the grant of dividend as per Rule 276 of the Companies Act, but then he has further stated that actual disbursement will be only after the matter is cleared by the Hon'ble Supreme Court. After hearing the Official Liquidator, I find that as the date of disbursement is still not certain, there is no point in issuing any advertisement at this -2- stage. However, the official liquidator is permitted to declare the dividend as per prayer clause (a) with notice of its actual disbursement after appropriate orders by the Hon'ble Supreme Court in pending matters. In view of this, O.L.R. is disposed of. JUDGE Rgd.