The court approved an application by the Official Liquidator seeking approval of half-yearly accounts for Uppalapati Solvent Oils Ltd. for the period April to September 2012 under Section 462 of the Companies Act, 1956.
The half-yearly accounts submitted in respect of M/s. Uppalapati Solvent Oils Ltd. (In Liquidation) are here by approved without costs.
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HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY Company Application No.736 of 2013 In
R.C.C.No.1 of 1991 Date : 3-4-2014
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. Uppalapati Solvent Oils Ltd. (In Liquidation), seeking approval of half-yearly accounts of the above named company for the period from 1-4-2012 to 30-9-2012.
Along with the application, the Auditor’s Report dated 25-4-2013 submitted by M/s. KBS & 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. M/s. Uppalapati Solvent Oils Ltd. (In Liquidation) is hereby approved.
The application is ordered accordingly without costs. Half-yearly accounts are approved.
________________________ Justice C.V. Nagarjuna Reddy
Date : 3-4-2014
AM
1 issue framed by the court
Whether to approve the half-yearly accounts of the company for the period 1-4-2012 to 30-9-2012.
2 provisions across 2 enactments
Official Liquidator acting as Liquidator of M/s. Uppalapati Solvent Oils Ltd. (In Liquidation)
M/s. Uppalapati Solvent Oils Ltd. (In Liquidation)
C.V. Nagarjuna Reddy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
