ORDER :

The Official Liquidator has filed a report on 10.09.2018 at Flag ‘74’, contents thereof are being briefly discussed hereinafter for consideration on the prayer made therein.

2. Learned counsel for the Official Liquidator has taken the court through the chronology of events in the lifecycle of this petition where the winding up order was passed on 06.11.2009 on the assets and properties of this Company at two places, (i) at its registered office-cum factory situate at plot no. NS-6, Phase-V, Adityapur Industrial Area, Gamharia, Jamshedpur, Jharkhand and (ii) at Survey Plot No. 30/1 Alindra, Taluka-Kalol, District Panchmahal, Gujarat. Pursuant to the winding up order, possession and properties of the Company were taken over by the Official Liquidator. Both the properties were sold, as per orders of this court dated 25.03.2011 and 29.07.2011. The Gujarat Unit of the Company had two secured creditors namely Gujarat Industrial Investment Corporation and Allahabad Bank being 1st and 2nd Charge Holders respectively. The Gujarat Unit was sold for Rs. 50,00,000/- and Jamshedpur Un