This order approved the half-yearly account of Twin Cities Permanent Fund Ltd filed by the Official Liquidator under Section 462 of the Companies Act, 1956 for the period from 01.10.2012 to 31.03.2013.
Approval of the half-yearly account of M/s Twin Cities Permanent Fund Ltd (In Liquidation) for the period 01.10.2012 to 31.03.2013.
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HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY Company Application No.211 of 2014 In
CP.No.3 of 1975
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 Twin Cities Permanent Fund 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 Twin Cities Permanent Fund Ltd (In Liquidation) is hereby approved.
The application is ordered accordingly without costs.
_____________________________ JUSTICE C.V. NAGARJUNA REDDY
29th April, 2014 DR
1 issue framed by the court
Whether to approve the half-yearly account of Twin Cities Permanent Fund Ltd (In Liquidation) for the period 01.10.2012 to 31.03.2013.
2 provisions across 2 enactments
Official Liquidator
Twin Cities Permanent Fund Ltd (In Liquidation)
Justice C. V. Nagarjuna
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
