Application under Section 462 of the Companies Act, 1956 sought approval of the half-yearly account of a company in liquidation. The court approved the account after perusing documents and hearing the learned counsel.
The half-yearly account submitted for the period from 01.10.2012 to 31.03.2013 is approved without costs.
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HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY Company Application No.225 of 2014
In
CP.No.105 of 1996
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 Hy-Craft Furniture (P) Limited (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 25.04.2013, 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 Hy-Craft Furniture (P) Limited (In Liquidation) is hereby approved.
The application is ordered accordingly without costs.
_____________________________ JUSTICE C.V. NAGARJUNA REDDY
02nd June, 2014 DR
1 issue framed by the court
Whether to approve the half-yearly account of M/s Hy-Craft Furniture (P) Limited for the period 01.10.2012 to 31.03.2013.
1 provisions across 1 enactments
Official Liquidator of M/s Hy-Craft Furniture (P) Limited
M/s Hy-Craft Furniture (P) Limited
C.V. NAGARJUNA REDDY
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
