Disposed

M/s. Krishna Conductors Limited (In Liqn) v. No Respondent

Telangana HC17 Sept 2021COMPA/121/2021

Case brief

AI extract

What is this about?

In an application under Section 462 of the Companies Act, 1956, the High Court of Telangana accepted the prayer of the Assistant Official Liquidator to file the audited half-yearly accounts and auditors' reports of M/s. Krishna Conductors Limited along with an affidavit regarding no receipts or payments for specified periods.

What did the court decide?

The half-yearly accounts and auditors' reports were taken on file; the affidavit was accepted on record.

M/s. Krishna Conductors Limited (In Liqn) Vs No… — Company and Corporate | Telangana HC (2021)

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IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD

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FRIDAY THE SEVENTEENTH DAY OF SEPTEMBER TWO THOUSAND AND TWENTY ONE

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PRESENT

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THE HONOURABLE SRI JUSTICE T. VINOD KUMAR

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COMPANY APPLICATION NO.121 OF 2021 IN C.P. No.35 OF 1991

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IN THE MATTER OF THE COMPANIES ACT, 1956 AND

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lN THE MATTER OF M/s. KRISHNA CONDUCTORS LIMITED( ln Liqn.)

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Between:

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The Assistant Official Liquidator, For the State of Telangana and the State^of Andhra Pradesh, at Hyderabad.

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,..APPLICANT

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Gompany Application Under Section 462 of the Companies^Act' 1956 read with Rule 306 and read with Rule 298 of the Companies^(Court) Rules, 1959 praying that this Hon'ble Court may be^pleasedto

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i. Take the audited half-yearly accounts for the^{periodsfrom (1) 01 .10 2017} to 31.03 2018 along with Auditors'Reporl dated^{01 .02.2021 submittedon} 16.022021 . (2) 01 .04.2018 to 30.09 2018 along^{wtth AuditorsReport} dated 04.02.2021 submitted on 16.02.2021^{by lvl/s Padmanabha Rao &} Company, Chartered Accountants on^record,

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ii. Take the affidavit of^"no receipts or^{payments'of half-yearly accountsfor} the periods from (3) 01.10.2018 to^31.03.2019;( )^{01 04.2019 to} 30.09.2019; and (5) 01.'10.2019 to 30.03.2020;^{on record; and}

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iii. Order that the cost of this application^{and any miscellaneous expensesdo} come out of the funds of the company^{or Estate and Establishment Fundif} funds are not availableⁱⁿ company.

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This Company Application coming^{on for orders upon readingthe} Company Application and the affidavit^{dated28-06-2021 filed by Sri} Suresh Dharavath, Asst. Official^{Liquidatorin support of the Company} Application and upon hearing the arguments^{of Sri. J. SrinadhReddy,} learned counsel for the Official^{Liquidator for the Applicant}

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The Court made the following^oRDER:

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THE HON'BLE SRI JUSTICE T.^{VINOD KUMAR}

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COMPANY APPLICATION No. 12'l of²⁰²¹

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ORDER:

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This Company Application is filed by the Assistant^{Official Liquidator} under Section 462 of the Companies Act,^'l 956^{readwith Rule 306 of the} Company (Court) Rules, 1959 to take on record^{the half-yearly accounts} along with the auditors' reports of M/s. Padmanabha^Rao &^Company, Chartered Accountants of the company in^liquidation.

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Perused the Auditors' Reports with the assistance of Sri J.Srinadh Reddy, learned counsel for the Official Liquidator. Also^{perused the} affidavit of Official Liquidator showing^"no receipts or^{payments" duringthe} period from 01.10.2018 to 31.03.2019; 01 .04.2019 to 30.09.2019; and 01,10.2019 to 30.03.2020^(both days inclusive).^{The prayer is accepted. The} half-yearly accounts and the auditors' reports are^{takenon file.}

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This Company Application is ordered accordingly

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SD/. M.SANTHI^VARDHANI JOINT REGISTRAR //TRUE COPY// !l/}

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¶25

SECTION^OFFICER

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To, 1 . The Officral^{Lrqurdator.M/s Krishna ConductorsLi'mited'rln Lrqn) HighCourl at} Hvderabad^{for the Statei,i f tlll"gu"'Office at'1'r ,Floor Co'oorate Bhawan} Nbqote,^{Bandlaguda rnli,i,ii"'"#\i iri'ge Huv'tnnagar rrlanda" Ranga Reddv} rji.i".i, fJrng;nu^{State Pincode-500680}

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The Reqistrar^{of Companies,Ministryof Corporate AffairsOovernmentof lndia} " iiirlJrl'c"ipJi" 'H, ;;i ; ; r;;'"il ;il, shu;n' I' R;;s;'R;vd; r''ragJiei ; bG'[i; Bandldguda' Thattiannaram i u^{i" n} s " n a s t a te^{P i n c Village'od e- 5 0 0 6 8 0}

¶28

The Reqional^{Director, South EasternRegion'Ministrv of Corporate Affairs'} 'ftl-agol", aanttag.lroa' Thattianrlaram Village'

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3'd il,^y;i:h floor. Corporate l, ;g; ffi^{;;; ;' enaw"a-;, il ;ij ;' i;1; v' o i'iiiil' ii ia n s a n a st a teP i n cod e-5 0 0 6 B 0}

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4Thesectionofficer,o.S.section,HighcourtofJudicatureatHyderabad'forthe' sialJoireungana and the State of A'P'

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5.OneCCtoSriJ.SreenadhRedd-y,OfficialLiquidator'HighCourtfortheStateof - i"iingana at HYderabad.[OPUC]

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6 Two CD CoPies 7 One Spare^CoPY s br \ +-

HIGH COURT

DATED: 1710912021

ORDER

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¶37

COMPANY APPLICATION.No.I 21 of 2021 IN C.P.Nos.35 of 1991

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ORDER!NG THE COMPANY APPLICATION

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@ 9(ilP' 7s'

M/s. Krishna Conductors Limited (In Liqn) v. No Respondent

Case brief

What is this about?

What did the court decide?

M/s. Krishna Conductors Limited (In Liqn) v. No Respondent

Case brief

What is this about?

What did the court decide?

What the court decided

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