IN THE HIGH COURT OF JUDICATURE AT PATNA Company Petition No.4 of 2009 ====================================================== In the matter of M/s.Bihar State Handloom and Handicraft Corporation Ltd ====================================================== Appearance : For the Petitioner : Mr. Uma Kant Singh Mr. Atul Kumar Pandey Mr. Lalit Kumar Singh ====================================================== CORAM: HONOURABLE MR. JUSTICE RAMESH KUMAR DATTA ORAL ORDER 27 21-06-2012 By order dated 17.9.2010 this Court took note of the fact that Company Petition No.2 of 2000 was originally filed in the year 2000 for winding up of the present Company but the same was permitted to be withdrawn with liberty to file a fresh winding up petition by order dated 16.5.2008, as neither the Cabinet decision nor the resolution of the share holders to wind up the Company had been brought on the record. This Court also noticed that although the present petition takes care of some of the anomalies noticed earlier but the last accounts of the Company that have been filed pertain to the financial year ending on 31.3.1990. Accordingly learned counsel for the petitioner was permitted to bring on record the latest accounts statement including the balance sheet and the profit and loss accounts. Since then for a period of nearly one year and nine months repeatedly time has been sought on behalf of the petitioner Patna High Court COM PET No.4 of 2009 (27) dt.21-06-2012 2 for bringing up-to-date audited statements of accounts stating that efforts are being made in that regard. Today, however, a supplementary affidavit is filed on behalf of the petitioner in which it is stated that no funds are being released to the Managing Director for preparing the up-to-date statements of accounts and the Managing Director is not in a position to get prepared up-to-date statements of accounts and balance sheet from the Corporation’s fund. In the above circumstances, it is evident that the present Company Petition cannot proceed any further. It is, accordingly, dismissed. spal/- (Ramesh Kumar Datta, J)