This order approves the halfyearly account of M/s. Visveswara Finance & Chit Funds Ltd. for the period 1-4-2014 to 30-9-2014 filed by the Official Liquidator under Section 462 of the Companies Act, 1956.
Approval of halfyearly account of M/s. Visveswara Finance & Chit Funds Ltd. for the period 1-4-2014 to 30-9-2014.
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HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY Company Application No.1372 of 2015 In
C.P.No.38 of 2005 Date : 26-8-2015
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. Visveswara Finance & Chit Funds Ltd. (In Liquidation), seeking approval of halfyearly account of the above named company for the period from 1-4-2014 to 30-9-2014.
Along with the application, the Auditor’s Report dated 29-7-2015 submitted by M/s. Padmanabha Rao & Co., Chartered Accountants, 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 the Official Liquidator, the half-yearly account submitted in respect of M/s. Visveswara Finance & Chit Funds Ltd., (In Liquidation) is hereby approved.
The application is ordered accordingly without costs.
________________________ Justice C.V. Nagarjuna Reddy
bnr
1 issue framed by the court
Whether the halfyearly account of M/s. Visveswara Finance & Chit Funds Ltd. for the period 1-4-2014 to 30-9-2014 requires approval under Section 462 of the Companies Act, 1956.
2 provisions across 2 enactments
Official Liquidator
C.V. Nagarjuna Reddy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
