Allowed
The Official Liquidator, v. DT.01-10-2012 to 31-03-2013.
Telangana HCCOMPA/649/2014
Case brief
AI extract
What is this about?
During the liquidation of M/s. Universal Wires Ltd., the Official Liquidator filed an application seeking approval of the company's halfyearly account for a specific period under Section 462 of the Companies Act, 1956 and Rule 306 of the Companies (Court) Rules, 1959. The court approved the submitted account upon hearing the counsel for the applicant.
What did the court decide?
Approval of the halfyearly account of M/s. Universal Wires Ltd. for the period from 01-10-2012 to 31-03-2013.