IN THE HIGH COURT OF JUDICATURE AT PATNA COM PET No.4 of 1995 In the matter of M/S Bharat Plantation Ltd. ( In Liquidation ) ----------- 95. 30.9.2011 Through OLR No.51 of 2011 dated 6.7.2011, the Official Liquidator has submitted the final statement of accounts for the period from 1.4.2011 to 6.7.2011. On the direction of this Court, the same has been audited and the office reports that the statement of accounts was checked and verified with the help of separate Cash Book of the Company and was found in order and no discrepancies were found in the same. In view of the aforesaid report, the final statement of accounts is accepted. Let the same be kept on the record. The Official Liquidator prays that the compliance of provisions of Section 462 (5) of the Companies Act may be dispensed with. The prayer is allowed. The Official Liquidator is directed to pay the Audit Fee to the Office. It is pointed out by the Official Liquidator that after the winding up order passed on 19.5.1997, the company’s assets consisting of land only was sold for an amount of Rs.5,00,000/- and thereafter the claims were invited and only 2 one claimant came forward and after payment of dividend @ 71 paisa in a rupee, an amount of Rs.15,872.52 is lying to the credit of the company. It is submitted by the Official Liquidator that the entire assets of the company have now been sold and there does not appear to be any further assets to be realised as per the records available and thus the affairs of the company have been completely wound up and it will not be possible to proceed any further with the winding up of the company; therefore, the order of dissolution of the company may be passed. On a consideration of the aforesaid facts and circumstances, it is evident that the affairs of the company have been completely wound up and it is just and reasonable under the circumstances to pass an order for dissolution of the company. It is, accordingly, ordered that the company be dissolved with effect from today (30.9.2011). The Official Liquidator is directed to deposit the amount of Rs. 15,872.52 lying in the account of the company after meeting the remaining liquidation expenses in the Company’s Liquidation Account with the Reserve Bank of 3 India. Let a copy of this order be communicated by the Official Liquidator to the Registrar of Companies within thirty days from today. VPS ( Ramesh Kumar Datta, J. )