In M/s Neeraj Petrochemicals Ltd., the court considered an application by the Official Liquidator seeking approval of the company's half-yearly accounts based on the auditor's report and verified statements.
Approval of the half-yearly account of M/s Neeraj Petrochemicals Ltd. for the period from 01.10.2012 to 31.03.2013.
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Hon’ble Sri Justice C.V.Nagarjuna Reddy Company Application No.35 of 2014 in CP.No.68 of 1994
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 Neeraj Petrochemicals 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 08.10.2013, submitted by M/s Sarathy and Balu, 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 Neeraj Petrochemicals Ltd. (In Liquidation) is hereby approved.
The application is ordered, accordingly, without costs.
______________________ (C.V. Nagarjuna Reddy, J)
15th April, 2014 lur
1 issue framed by the court
Whether the half-yearly account of the company for the period from 01.10.2012 to 31.03.2013 should be approved by the Court?
2 provisions across 2 enactments
Official Liquidator of M/s Neeraj Petrochemicals Ltd. (In Liquidation)
C.V. Nagarjuna Reddy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
