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Calcutta High Court

Kulik Paper Industries Pvt. Ltd. [In ... vs Unknown on 14 January, 2011

Author: I. P. Mukerji

Bench: I. P. Mukerji

                                     CA No.59 of 2011
                                    BIFR NO.43 OF 1997
                              IN THE HIGH COURT AT CALCUTTA

                                  Original Jurisdiction


                                  IN THE MATTER OF:
                     KULIK PAPER INDUSTRIES PVT. LTD. [IN LIQN.]



         BEFORE:
      The Hon'ble JUSTICE I. P. MUKERJI

Date : 14th January, 2011.

Mr. K. Anand Rao...for Official Liquidator.

Mr.A.K.Sur ...for WBFC.

The Court : The letter is allowed on the following terms :

Valuer's fees is settled at Rs.70,000/- and may be paid by the Official Liquidator accordingly. The advertising charges mentioned in paragraph [b] may also be paid.
I also allow payment of security expenses for a sum of Rs.3,36,825/- as mentioned in paragraph [c].
Prayer [d] for refund to the secured creditor is also allowed. Prayer [e], i.e. leave to invite claim from creditors of the company is granted. The letter is accordingly allowed.
All parties concerned are to act on a signed photocopy of this order on the usual undertakings.
                                                               (I.     P. MUKERJI, J.)

nm.