List of companies under Liquidation in Cuttack, Orrisa.


Office of the Official Liquidator : Orissa High Court, Cuttack

 List of Cases under liquidation as on 30.04.2008

Sr. No. Name of the

Company

(In liquidation)

Company

Petition No.

Date of winding up orders

passed by the

Hon’ble Court

Present legal position / status of the case
1 Orissa China Clay Refinery Co. Ltd. 2 of 1965 21.01.1966 Dividend paid to creditors.  Notice issued to shareholders for return of capital.
2 Mayurbhanj Glass Works Limited 2 of 1966 10.12.1966 Assets disposed off
3 Jharsuguda Electric Supply Limited 2 of 1967 16.02.1968 The Chief Judicial Magistrate, Sambalpur, Bargarh was appointed, custodian of the assets as per Order of the Hon’ble Court.
4 Orissa Sports Manufacturing            &Fabricators Limited 9 of 1972 30.11.1973 Assets disposed off
5 Balanga Iron Works Ltd. 10 of 1971 27.11.1973 Claims invited but no claims received.
6 Hansnath Ceramics Industries Limited 2 of 1973 09.01.1974 Assets disposed off
7 Orissa Timber Products Limited 11 of 1972 12.08.1974 Dividend declared & Paid
8 Manorama Foundary Works Limited 7 of 1972 30.11.1974 Dividend declared & Paid
9 B. Patnaik Mines Limited 1 of 1973 09.04.1975 A State Govt. undertaking company, M/s. Orissa Mining Corporation is in the occupancy of the premises of the company in liquidation.
10 Kalinga Industries Ltd. 2 of 1975 24.02.1976 Dividend declared & Paid
11 Pun      Electric

Supply Co. Ltd.

1 of 1974 21.02.1976 Company was under Vol. Liqn. In the way back 1986 and assets have been disposed off.  No assets are available after w.u.o. as per cross examination of the Voluntary Liquidator by the OL.  The company was converted to Court Liqn.
12 Hira Steel  & Alloys Ltd. 11 of 1979 15.12.1980 Misfeasance cases u/s. 543 has been launched.
13 New India Finance (Chit) & Trading Co. Ltd. 4 of 1979 16.12.1980 Assets could not be ascertained and located due to non-cooperation of the Directors of the co.  Complaint u/s. 454 is subjudice.
14 Utkal Equipments & Chemicals Ltd. 4 of 1977 23.04.1982 OSFC seized the property. Balance property taken over by the OL. The same has been disposed off and paid to Bank of Baroda. Final Report filed before the Hon’ble Court on 26.07.2007.
15 Kalinga Carbonates Limited 11 of 1991 28.08.1998 Assets have been disposed off. Execution of Sale deed have been made. DRT cases are pending.
16 Ambica Vegetables       & Chemicals Industries Limited 9 of 1994 19.08.1998 Dividend declared and paid
17 Orissa Textiles Mills Ltd. 25 of 2001 05.11.2004 Disposal of Assets is under process
18 Jiban Bikas General Finance Ltd. 38 of 2001 12.12.2003 Steps have been taken as per direction of the Hon’ble Court for valuation of properties lying at Karnataka..
19 Magnetix          (India) Ltd. 14 of 2002 12.12.2003 First Dividend paid
20 Orissa Extrusion Ltd. 4 of 2002 07.11.2003 Settlement of claim is subjudice. Complaint u/s. 454 have been lodged by the OL
21 Radient Electronics Ltd. 03 of 2001 18.06.2004 Recovery suit is pending before the DRT
22 Unitel Communication Ltd. 17 of 1996 06.02.2004 Assets have been disposed off. Complaint U/s. 454 has been lodged.
23 Indo-Maxwell Ltd. 16 of 2000 24.09.2004 Claims invited
24 Eloonment Ltd. 17 of 2001 18.03.2005 Dividend declared and paid to the claimants.
25 Orissa Oil Industries Ltd. 9 of 2003 18.03.2005 Part of Assets have been disposed off and part is under process.
26 Utkal Oils Ltd. 16 of 2002 06.05.2005 Part of Assets have been disposed off and part is under process.
27 GSPL India Ltd. 11 of 1998 05.08.2005 Co. has no assets to be realized.
28 Orissa Vegetables Oil Complex Limtied 7 of 2004 12.08.2005 The matter is subjudice for disposal of assets.
29 Western Orissa Sugar Limited 23 of 2003 11.11.2005 Part of assets have been taken and disposed off.
30 Orissa Lamps Ltd. 25 of 1996 24.03.2006 All the property have been disposed off by the Order of DRT, Kolkata.
31 Coastal Synthetics Limited 28 of 2001 23.06.2006 Assets have been disposed off.
32 Konark Paper & Industries Ltd. 25 of 2005 23.06.2006 Assets have been disposed off.
33 Orissa Drugs & Chemicals Ltd. 32 of 2003 07.07.2006 Stay operation is continuing as revival application is under subjudice.
34 Shivani Vanaspati Ltd. 22 of 2004 21.07.2006 Assets disposed off.
35 Barar Industries Ltd. 19 of 1995 21.07.2006 IFCI is selling the property by the order of DRT.
36 Orissa Flour Mills Ltd. 3 of 2006 16.03.2007 Liqn. Proceeding stayed by the Dvn. Bench.
37 Grapco Industries Ltd. 2 of 2001 15.09.2006 Liqn. proceeding is under process. Directors andSecured Creditors are not cooperating the OL.
38 Samaleswari Finance & Investment Co.Ltd. 12 of 2000 22.06.2007 Report of the OL for engagement of C.A. submitted before the Hon’ble Court.
39 Puri Bank Limited (Voluntary Liquidation) 4 of 1947 15.12.1974 Several suits are pending in Civil Courts & assets have been disposed off by the Civil Courts by leave of the Hon’ble Court.
 40 Puri Bank Limited (Voluntary Liquidation) 4 of 1947 15.12.1974 Several suits are pending in Civil Courts & assets have been disposed off by the Civil Courts by leave of the Hon’ble Court.

 

 

 

 

 

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2 Responses to List of companies under Liquidation in Cuttack, Orrisa.

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  2. Umesh Kumar Sharma says:

    I purchased 500 shares of the company. All the shares are in physical form. What is the status of these shares.

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