The court approved the half-yearly account of M/s Bimetallic Steel and Alloys Ltd. filed by the Official Liquidator for the period from 01.10.2012 to 31.03.2013 under Section 462 of the Companies Act, 1956.
The half-yearly account submitted for the period from 01.10.2012 to 31.03.2013 is approved.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY Company Application No.177 of 2014 In
RCC.No.10 of 1994
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 Bimetallic Steel and Alloys Ltd. (In Liquidation), seeking approval of half-yearly account of the above named company for the period from 01.10.2012 to 31.03.2013.
Along with the application, the Auditor’s Report, dated 25.11.2013, submitted by M/s KBS and Associates, 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 Bimetallic Steel and Alloys Ltd. (In Liquidation) is hereby approved.
The application is ordered accordingly without costs.
___________________________ JUSTICE C.V. NAGARJUNA REDDY
24th April, 2014 LUR
1 issue framed by the court
Whether to approve the half-yearly account of M/s Bimetallic Steel and Alloys Ltd. for the period from 01.10.2012 to 31.03.2013 submitted by the Official Liquidator.
1 provisions across 1 enactments
Official Liquidator of M/s Bimetallic Steel and Alloys Ltd.
M/s Bimetallic Steel and Alloys Ltd.
C.V. Nagarjuna Reddy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
