Adjourned company application seeking return of capital to contributors was dismissed for non-prosecution as no appearance was made by applicants.
Application dismissed for non-prosecution. No capital returned.
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IN THE HIGH COURT OF KERALA AT ERNAKULAM
(Original Jurisdiction)
In the matter of the Companies Act, 1956 and
In the matter of M/s.Thomas Steaphen and Company Ltd.(In Liquidation)
Co.Appl. No.17/2019 in Co.Pet.53/2000
Before:
The Honourable Mr.Justice VIJU ABRAHAM
Monday, the 6th day of November, 2023/15 th Karthika, 1945
Petitioners/Addl.Respondents 3, 4 and 6 in the C.P:
Respondent:
Official Liquidator, High Court of Kerala, Company Law Bhavan, B.M.C. Road, Thrikkakara P.O., Kochi – 682 021.
Company Application under Rule 9 of the Company(Court) Rules, 1959 filed by the applicant above named praying for a direction to the 6th respondent Official Liquidator to return the capital of the company to the contributors from the net available asset of about 20 crore of rupees with him and to pay the same within a reasonable time to be fixed by this Honourable Court.
This Company Application coming on for orders on this day upon hearing Sri.S.Shaym, Advocate for the Applicants and Sri.K.Moni, Standing Counsel for the Official Liquidator, the court passed the following:
O R D E R
There is no appearance for the applicants today and on the earlier posting also. It is also submitted by the learned counsel for the Official Liquidator that all the claims have been settled, nothing survives in this petition. Therefore this application is dismissed for non-prosecution.
Sd/-
VIJU ABRAHAM
JUDGE
Rajamma Gopinath
K.Anil Kumar
Sarala Panicker
Official Liquidator
VIJU ABRAHAM
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
