[2025:RJ-JP:18624] HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR S.B. Company Petition No. 3/2009 State Bank of India through its Chief Manager, having its branch office at 11 Gopinath Marg, M.I. Road, Jaipur 302001 ----Petitioner Versus M/s Raunaq Finance Limited – A company registered under the Companies Act having a) Registered Office at 418, 3rd Floor, Shalimar Complex Church Road, Jaipur – 302006 b) Corporate Office at Allahabad Bank Building, 17 Sansad Marg, New Delhi - 110001 ----Respondent For Petitioner(s) : Mr. Atma Sah, Official Liquidator Mr. Raghav Pareek for Petitioner-Bank For Respondent(s) : HON'BLE MR. JUSTICE MAHENDAR KUMAR GOYAL Judgment / Order 02/05/2025 The matter comes up on the Report No.320832 dated 24.04.2025 submitted by the Official Liquidator for dissolution of the company in liquidation under Section 481 of the Companies Act, 1956 (for brevity “the Act of 1956”). The Official Liquidator submits that the company-M/s Raunaq Finance Limited was ordered to be wound up by this Court vide order dated 19.08.2010 passed in SB Company Petition No.3/2009 and the Official Liquidator attached to this Court was appointed as Liquidator from the date of passing the winding up order with the directions to conduct the winding up proceedings. [2025:RJ-JP:18624] (2 of 2) [COP-3/2009] Referring to the contents of his report dated 24.04.2025, Mr. Sah submits that as per the statement of account, as on 31.03.2025, the company has balance fund of ₹3,10,977.80/- and has no any other assets. He, therefore, prays that he may be allowed to transfer the aforesaid sum plus interest to the Common Pool Fund maintained by him which will be utilized/adjusted for any payment due, i.e., audit fee, Government commission or any other liquidation expenses including the winding up charges. Heard. Considered. Taking into consideration the contents of the report dated 24.04.2025 and the submissions made by the Official Liquidator, this Court deems it just and proper to pass the order of dissolution of the companny under Section 481 of the Act of 1956. Resultantly, the order of dissolution of company in liquidation, i.e., M/s Raunaq Finance Limited is passed and the company be dissolved from today. Transfer of the sum of ₹3,10,977.80/- with interest is permitted to the Common Pool Fund account of the Official Liquidator for the purpose of payment of liquidation expenses and the audit fee expenses. The company petition is disposed of accordingly. (MAHENDAR KUMAR GOYAL),J Manish/190