1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION jmi COMPANY APPLICATION NO. 1311 OF 2009 IN COMPANY PETITION NO. 201 OF 1994. M/s. K.R. Steel Union Ltd. ..Petitioner. And State of Kerala, through its Office of the Asstt. Commissioner of Commercial Taxes. ..Applicants. vs. The Official Liquidator of Poysha Industrial Co. Ltd. ..Respondents. .... Ms. Preeti Menon, i/b. India Law, for Applicants. Official Liquidator, present. .... CORAM : S.J. KATHAWALLA, J. DATE : 19TH MARCH 2010. P.C. By this company application, the applicants State of Kerala, through the Office of its Assistant Commissioner of Commercial Taxes, Special Circle-III, Eranakulam, Kochi-682016 have sought directions against the Official Liquidator to pay the balance claim of Rs.68,55,885/- together with interest @ 2% per month on Rs.10,08,62,024/- from 2 13/11/2003, due and payable by the company in liquidation i.e. Poysha Industrial Company Limited, Edapally, towards Sales Tax arrears. The applicants have also sought condonation of delay of 182 days in filing the application. The delay is condoned. 2. The Official Liquidator submits that the claim of the applicants to the tune of Rs.68,55,885/- is admitted. The Liquidator shall therefore, make payment of the principal amount to the applicants as per the provisions of sections 529A and 530 of the Companies Act, 1956. 3. The company application is accordingly, disposed of. [ S.J.KATHAWALLA, J. ]