The Official Liquidator further averred that out of the total amount of Rs.20,40,97,976/- recovered through sale of assets, in addition to the sum of Rs.84,95,808.22ps comprising Rs.35,45,808.22ps received from the District Collector from out of the sale proceeds of the petroleum products and Rs.49,50,000/- received from the Indian Oil Corporation towards rents from the petrol pump referred to above, a sum of Rs.8,43,31,147.22ps is payable to the creditors/subscribers and the balance of Rs.11,97,66,828.78ps is liable to be returned to the investors, who have contributed the capital. After working out the proportionate contribution of each of the investors, the Official Liquidator has indicated that as against each rupee the investor is entitled to return of capital at the rate of Rs.6.6824386. On applying the said rate, the Official Liquidator has indicated different amounts in respect of different firms. The Official Liquidator has, therefore, prayed for accepting the report regarding return of capital at the above mentioned rate and for permission for making payment of return of capital to the respondents shown in each of these applications.
