Allowed

M/s. Vara Vara Chits Ltd.,(In Liqn.) v. No Respondent

Telangana HC29 Oct 2021COMPA/279/2021

Case brief

AI extract

What is this about?

Single Bench order accepting the Court Application filed by the Official Liquidator to take the half-yearly accounts and auditors' report of M/s. Vara Vara Chits Limited on file and allowing payment of audit fee from the company funds.

What did the court decide?

Half-yearly accounts and auditors' reports taken on record; permission to make payment of audit fee allowed; costs to be borne by company funds.

M/s. Vara Vara Chits Ltd.,(In Liqn.) Vs No Respondent — Company and Corporate | Telangana HC (2021)

¶1

IN THE HIGH COURT^{FOR THE STATEOF TELANGANA} AT HYDERABAD

¶2

FRIDAY, THE TWENTY^{NINTH DAY OF OCTOBER} TWO THOUSAND^ANDTWENTYONE

¶3

PRESENT

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THE HONOURABLE^{SRI JUSTICET. VINOD KUMAR}

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coM ANY APPLI^CATIONNO.790 202 IN

¶6

cP. No.131 oF²⁰⁰⁰

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IN THE^{MATTEROF THE COMPANIESACT' 1956} AND lN THE^{MATTER OF M/s.Vara VaraChits Limited (ln Liqn')}

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?ist"rl;,r.,^{official Liquidator,For the state of Telanganaandthe state of} Andhra^{Pradesh, at Hyderabad}

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...AppLlCANT

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Company^{ApplicationUnder Section462 of the Companies Act'} 1956 read with^{Rule 306 and read with Rule 298 of the Companies} (Court) Rules,^{1959 praying that this Hon'bleCourt may be pleasedto}

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i. Take^{the half-yearly accounts for the period from 01 04 2020to} 30.09.2020^{alongwith Auditors' Reportdatecl15 06'2021 submittedon} 22.06.2021^{by Chartered Accountants on record and permissionbe}

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accorded^{to make payment of audit fee;}

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liorderthatthecostofthisapplicationandanymiscellaneousexpenses docomeoutofthefundsofthecompanyorEstateandEstablishment Fund^{if funds are not available in company'}

¶14

This Company^{Application comingon.for orders uoon reading the} company^Application ""iih;'#;;;ii^{J'tto 17-07-2021flled bv Sri} Suresh Dharavath,^{nt't' biiJ'i liq'io"totin supoort of the Company} d?k1i"lf^{s'T,fr"'s?,'#Im"ru:,:l'';:,'?l,::nadhReddv'}

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The Court^{made the following oRDER:}

¶16

¶17

¶18

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

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COMPANY APPL^ICATION No.279^{ol 2021}

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ORDER

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This Company Application is filed by the^{AssistantOfficial} Liquidator under Section 462 of the Companies Act,^{1956 read withRule} 306 of the Company (Court) Rules, 1959 to take on record the halfyearly accounts along with the auditors' reports of M/s, KBS & r\ssociates, 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. The prayer is accepted. The half-yearly accounts and the auditors' reports are taken on file.

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This Company Application is ordered accordingly.

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SD/. M.SANTHI VARDHANI JOINT REGISTRAR //TRUE COPY//

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SECTION OFFICER

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To,

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The OfficialLiquidalor, M/s. Vara Vara Chits Limited (ln Liqn.), H gh Court at Hyderabad for the State of Telangana Office at I't floor, Corpbrat6 Bhawan, Nagole Bandlaguda Thattiannaram Village, Hayathnagar lviandal, Ranga Reddy District. Telanga 1a State Pincode-500680 2. The..Regis_trar of companies, Ministry of corporate Affairs, Government of lndia, 2'''' floor, Corporate Bhawan, Nagole, Bandlaguda, Tahttiannaram Villaqe, ^^{Hayathnagar Mandal, Ranga Reddy District,ielariganaState pincooe_"Stio6A0} 3. The.Regionar Direct_or, South Eastdrn Region, Miniltry or corporaie Anirri,^-- 3'' f loor, Co rporate Bhawan, \agole,_Band laguda, Th'attiannaiam Vil lage, .^{Hayq-thnagarjrrlanda l, Ranga Re-ddy District, -TelanganaState pincoae:SOOOAO} 4. The section officer, o.s. section, High court for th? state orreranginJit--Hyderabad.

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one cc to sri J. Srinadh Reddy, officiar Liquidator, High court at Hyderabad. 6. Two CD Cooies

¶29

dne Spare bopy gbr \ A$F

¶30

HIGH COURT

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DATED:^2911012021

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¶33

ORDER

¶34

COMPANY APPLICATION.No^.27 9 of²⁰²¹ IN

¶35

C.P.No.131 of 2000

¶36

ORDERING THE COMPANY APPLICATION

¶37

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M/s. Vara Vara Chits Ltd.,(In Liqn.) v. No Respondent

Case brief

What is this about?

What did the court decide?

M/s. Vara Vara Chits Ltd.,(In Liqn.) v. No Respondent

Case brief

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What did the court decide?

What the court decided

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