( 1 ) M/s. CRB Capital Markets Ltd. (hereinafter referred to as the company ) is in provisional liquidation. At the instance of Reserve Bank of India, which filed CP No. 191/97, order dated 22nd May 1997 was passed admitting the petition and appointing the Official Liquidator as the Provisional Liquidator with direction to take charge of the assets and records of the company. This application is filed by the company through the O. L. under Section 446 (2) of the Companies Act (in short the act ) for recovery of Rs. 10 lakhs plus interest thereon @ 18% per annum from 15th July 1997 till realisation as well as administrative expenses @ 1%. Averments made in the application are that the respondents entered into a Lease Deed and Maintenance Agreement with the company for the premises located at 1st Floor, C-643, New Friends Colony, New Delhi and paid Rs. 10 lakhs as security deposit. These premises were vacated by the company on 15th July 1997 and rent for June and July 1997 was also paid. However, at the time of vacation of the premises aforesaid security deposit of Rs. 10 lakhs was not refunded by the respondents to the company. O. L. sent notice of demand dated 11t