Allowed
The Official Liquidator v. DT.01-10-2012 to 31-03-2013.
Telangana HCCOMPA/196/2014
Case brief
AI extract
What is this about?
Application for approval of half-yearly accounts of a company in liquidation was filed under Section 462 of the Companies Act, 1956 read with Rule 306 of the Companies (Court) Rules, 1959. After perusing the accounts and auditor's report, the court approved the submitted accounts without costs.
What did the court decide?
The half-yearly account submitted in respect of M/s. Commercial Development Corporation (In Liquidation) is approved without costs.