The court approved the half-yearly account submitted by the liquidator for M/s. Allwyn Auto Ltd. pursuant to a Section 462 application, relying on the accompanying auditor's report and affidavit.
Approval of the half-yearly account submitted by the Official Liquidator without costs.
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THE HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY COMPANY APPLICATION No.267 of 2014 IN C.P.No.99 of 2000
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. Allwyn Auto 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 09-122013 submitted by M/s. Padmanabha Rao & Co., 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, learned counsel for the Official Liquidator, the half-yearly account submitted in respect of M/s. Allwyn Auto Ltd. (in liquidation) is hereby approved.
The application is ordered accordingly without costs.
_________________________ C.V. NAGARJUNA REDDY, J
4th June, 2014 IBL
1 issue framed by the court
Whether to approve the half-yearly account of M/s. Allwyn Auto Ltd. for the period 01-10-2012 to 31-03-2013.
2 provisions across 2 enactments
M/s. Allwyn Auto Ltd. (in Liquidation)
M/s. Padmanabha Rao & Co.
C.V. NAGARJUNA REDDY
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
