The Court approved the half-yearly account submitted by the Official Liquidator of M/s Annavaram Spinning Mills Ltd for the period from 01.10.2013 to 31.03.2014 after perusing the accompanying Auditor's report, affidavit, and statement of account.
Approval of the half-yearly account of M/s Annavaram Spinning Mills Ltd for the period 01.10.2013 to 31.03.2014.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
HON’BLE SRI JUSTICE C.V. NAGARJUNA REDDY
Company Application No.533 of 2015
In
RCC.No.19 of 1998
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 Annavaram Spinning Mills Ltd (In Liquidation), seeking approval of half-yearly account of the above named company for the period from 01.10.2013 to 31.03.2014.
Along with the application, the Auditor’s Report, dated 22.12.2014, submitted by Murthy & Kanth, 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 Sri M.Anil Kumar, the learned counsel for the Official Liquidator, the half-yearly account submitted in respect of M/s Annavaram Spinning Mills Ltd (In Liquidation) is hereby approved.
The application is ordered accordingly without costs.
JUSTICE C.V. NAGARJUNA REDDY
13th April 2015
DR
1 issue framed by the court
Whether the half-yearly account of M/s Annavaram Spinning Mills Ltd for the period from 01.10.2013 to 31.03.2014 requires court approval under Section 462 of the Companies Act, 1956.
1 provisions across 1 enactments
Official Liquidator of M/s Annavaram Spinning Mills Ltd
C.V. Nagarjuna Reddy
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
