The court approved the half-yearly account of M/s Premier Aqua Farms Ltd. submitted by the Official Liquidator for the period from April 1, 2013 to September 30, 2013 based on accompanying documents and applicable law.
Approval of the half-yearly account filed for the period 01.04.2013 to 30.09.2013 without costs.
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HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY Company Application No.1008 of 2014 In CP.No.98 of 1998
ORDER:
This is an application filed under Section 462 of the Companies Act, 1956 read with Rule 306 of the Companies (Court) Rules, 1959 by the Official Liquidator attached to this Court acting as Liquidator of M/s Premier Aqua Farms Ltd. (In Liquidation), seeking approval of half-yearly account of the above named company for the period from 01.04.2013 to 30.09.2013.
Along with the application, the Auditor’s Report, dated 20.06.2014, submitted by KBS & Associates, Chartered Accountants, the affidavit of the Official Liquidator verifying the account and the statement of account are also enclosed. After perusing all these documents and after hearing Sri M.Anil Kumar, the learned counsel for the Official Liquidator, the half-yearly account submitted in respect of M/s Premier Aqua Farms Ltd. (In Liquidation) is hereby approved.
The application is ordered accordingly without costs.
_____________________________ JUSTICE C.V.NAGARJUNA REDDY 12th August, 2014 DR
2 issues framed by the court
Whether the half-yearly account of the company for the period from 01.04.2013 to 30.09.2013 submitted by the Official Liquidator requires judicial approval.
Whether the submitted Auditor's Report and statement of account satisfy the requirements for approval under Section 462 of the Companies Act, 1956.
2 provisions across 2 enactments
Official Liquidator
M/s Premier Aqua Farms Ltd. (In Liquidation)
C.V. Nagarjuna Reddy
As recorded by the court registry
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