In an application under Section 462 of the Companies Act, 1956, the Official Liquidator sought approval for the half-yearly account of M/s Sougandhi Chit Fund (P) Limited. The Court approved the account submitted by the liquidator.
Approval of the half-yearly account for the period from 01.10.2012 to 31.03.2013 without costs.
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HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY Company Application No.228 of 2014
In
CP.No.12 of 1995
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 Sougandhi Chit Fund (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 Sougandhi Chit Fund (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 the half-yearly account of the liquidated company for the period from 01.10.2012 to 31.03.2013 should be approved.
1 provisions across 1 enactments
Official Liquidator (as Liquidator of M/s Sougandhi Chit Fund (P) Limited)
M/s Sougandhi Chit Fund (P) Limited (In Liquidation)
C.V. Nagarjuna Reddy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
