IN THE HIGH COURT OF ORISSA AT CUTTACK CRLMC No. 2245 of 2026 Falcon Marine Exports Limited & Ors. ..…... Petitioner (s) Mr. Satya Smruti Mohanty, Adv. -Versus- The Asst. Registrar of Companies-cum- Asst. Official Liquidator, Odisha ……. Opposite Party (s) CORAM: DR. JUSTICE SANJEEB K PANIGRAHI ORDER 17.07.2026 Order No. 01. 1. This matter is taken up through hybrid arrangement. 2. The present CRLMC has been filed by the Petitioners with the following prayer: “The petitioner therefore prays that your lordships may be graciously pleased to admit this Petition, issue notice to opposite party and after hearing of both parties quash the entire criminal proceeding arising out 2(C)C.C.(Comp) No. 1 of 2018 pending before the learned District and Sessions Judge, Cuttack on the ground of the Registrar of Companies, Cuttack, acting as the Adjudicating Officer having already adjudicated the alleged default and imposed monetary penalties upon the Company and its officers, which have been duly paid and there is no issue left to be decided in the complaint case.” 3. 4. Heard. Digitally Signed Signed by: LITARAM MURMU Designation: P.A. Reason: Authentication Location: OHC Date: 17-Jul-2026 18:25:04 Signature Not Verified 5. During the course of hearing, learned counsel for the Petitioners submits that the Petitioners have filed a petition seeking discharge in 2(C).C.C. (Comp) No.01 of 2018 before the learned District and Sessions Judge, Cuttack, which is pending for adjudication. 6. In view of the pendency of the discharge petition before the learned District and Sessions Judge, Cuttack, this Court is not inclined to entertain the present CRLMC at this stage. However, the learned District and Sessions Judge, Cuttack is directed to dispose of the said discharge petition arising out of 2(C) C.C. (Comp) No.01 of 2018 as expeditiously as possible, preferably within a period of one month from the date of receipt of this order. It is further directed that, while considering and disposing of the discharge petition, the learned District and Sessions Judge shall take into account the reply filed by the Registrar of Companies in accordance with law. 7. Accordingly, the CRLMC is disposed of. 1. ( Dr. Sanjeeb K Panigrahi) Judge Murmu Designation: P.A.