COMP.A No. 117 of 2026 __________ Page1 of 3 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03-07-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU COMP.A No. 117 of 2026 in COMP.A NO. 22 of 2019 The Official Liquidator High Court, Madras as the Provisional Liquidator of M/s.Sheela Rani Textiles Limited (in Provisional Liquidation) ..Applicant Vs Nil ..Respondent Company Application filed under Sections 520, 530, 551(1) (3) of the Companies Act, 1956 read with Rules 9,11(b) and 276 of Companies (Court) Rule, 1959, for the following reliefs: 1) To extend the period for disbursement of dividend for a further period of 2 months from the date of the receipt of this Honble Court order, for the reasons mentioned in Para 6 to 8 of this report. 2) To permit the Official Liquidator to transfer the unpaid dividend, if any, to the Registrar of Companies, Chennai Tamilnadu as required under Section 555(1) and (3) of the Companies Act, 1956 after expiry of the extended period 2 months. 3) To direct that the cost of this application to come from the funds of the company in liquidation. For Applicant : Ms.B.Ambili, Deputy Official Liquidator https://www.mhc.tn.gov.in/judis COMP.A No. 117 of 2026 __________ Page2 of 3 K.KUMARESH BABU J. mp ORDER This Company Application has been filed seeking for the following reliefs:- 1) To extend the period for disbursement of dividend for a further period of 2 months from the date of the receipt of this Honble Court order, for the reasons mentioned in Para 6 to 8 of this report. 2) To permit the Official Liquidator to transfer the unpaid dividend, if any, to the Registrar of Companies, Chennai Tamilnadu as required under Section 555(1) and (3) of the Companies Act, 1956 after expiry of the extended period 2 months. 3) To direct that the cost of this application to come from the funds of the company in liquidation. 2. Heard Ms.B.Ambili, learned Deputy Official Liquidator. 3. I have perused the contents of the Report filed by the Official Liquidator upon which the application had been made before this Court and having been satisfied with the reasons stated therein, I am inclined to allow this application as prayed for. 4. In fine, this Application is ordered as prayed for. 03-07-2026 mp COMP.A No. 117 of 2026 in COMP.A NO. 22 of 2019 https://www.mhc.tn.gov.in/judis COMP.A No. 117 of 2026 __________ Page3 of 3 https://www.mhc.tn.gov.in/judis