The Official Liquidator v. re
Companies Act, 1956 – Sections 462 and 551; Companies (Court) Rules, 1959 – Rules 298 and 306 – Company Application by the Official Liquidator
Case brief
What is this about?
Official Liquidator; company in liquidation; half-yearly accounts 01.10.2023 to 31.03.2024; Independent Auditor's Report dated 30.01.2026; M/s. Padmanabha Rao & Company, Chartered Accountants; Section 462 Companies Act 1956; Section 551 Companies Act 1956 exemption from annual/final accounts FY 2023-24; Rule 298 and Rule 306 Companies (Court) Rules 1959; audit fee Rs.500 plus GST; Company Application No. 111 of 2026; High Court of Andhra Pradesh at Amaravati; Justice V. Sujatha; application allowed on 10.04.2026; no costs.
What did the court decide?
Company Application allowed as prayed for: half-yearly accounts of the company (in liquidation) for 01.10.2023 to 31.03.2024 with the Independent Auditor's Report dated 30.01.2026 taken on record; exemption granted from filing annual/final accounts for financial year 2023-24 under Section 551 of the Companies Act, 1956; permission granted for payment of audit fee of Rs.500/- plus GST; no order as to costs.