Allowed

M/s. Leafin India Limited (In Liqn.) v. No Respondent

Telangana HC3 Sept 2021COMPA/83/2021

Case brief

AI extract

What is this about?

The Assistant Official Liquidator filed an application under Section 462 of the Companies Act, 1956 to take on record half-yearly accounts and auditors reports for M/s. Leafin India Ltd. The court accepted the prayer and ordered that the accounts and reports be taken on file along with affidavits showing no receipts or payments for specified periods. Costs were to be borne by the company's funds.

What did the court decide?

The prayer to take half-yearly accounts, auditors reports and affidavits of no receipts or payments for specified periods on record is accepted and ordered accordingly. Costs to be borne by the compan

M/s. Leafin India Limited (In Liqn.) Vs No… — Insolvency and Bankruptcy | Telangana HC (2021)

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IN THE HIGH COURT FOR THE STATE OF TELANGANA

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AT HYDERABAD

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FRIDAY, THE THIRD DAY OF SEPTEMBER

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TWO THOUSAND AND TWENTY ONE

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PRESENT THE HONOURABLE SRIJUSTICE T. VINOD KUMAR

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COMPANY APPLICATION NO.830F 2021

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c.P. NO.1260F 2012

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IN THE MATTER OF THE COMPANIES ACT, 1956 AND

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lN THE MATTER OF M/s. Leafin lndia Ltd.( 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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Company Application Under Section 462 of the Companies Act, 1956read with Rule 306 and read with Rule 298 of the Companies (Court) Rules, 1959praying that this Hon'ble Court may be pleased to

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i) Take the half-yearly accounts for the period from (1) 01 .10.2017 1o31.03.20'18 along with Auditors' Report dated 30.03.2021 submittedon 16.04.2021; and (2) 01 .04.2018 to 30.09.20'18along with Auditors'Report dated30.03.202'1 submitted on 16.04.2021by M/s. Padmanabha Rao & Company, Chartered Accountantson record ;

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ii) Take the affidavit of "no receipts or payments" of half-yearly accounts for the periodsfrom (3) 01.10.2018 to 31.03.2019; (4) 0'1 .04.2019 to 30.09.2019 and (5)01.10.2019to 31.03,2020on record; and

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iii) Order that the cost of this application and any miscellaneousexpenses docome out of the funds of the company or Estate andEstablishment Fund if funds arenot available in company.

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This Company Application coming on for orders upon reading the CompanyApplication and the affidavit dated 28-06-2021 filed by Sri Suresh Dharavath, Asst.Official Liquidator in support of the Company Application and upon hearing thearguments of Sri. J. Srinadh Reddy, learned counsel for the Official Liquidator for theApplicant,

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The Court made the followingORDER:

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THE HON'BLE SRIJUSTICE^{T. VINODKUMI.R} COMPANY APPLICATION N o.83 I^zo?1

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ORDER:

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This Company Application is^{filed by the Assistant OfficialLiquidatorunder} Section 462 of the Companies^{Act, 1956 read withRule306 of the Company} (Court) Rules, 1959 to take on record thehalf-yearly accounts along^{with the} auditors' report ofM/s. Padmanabha^{Rao & Company, Chartered Accountants.}

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Perused the Auditors'Reports with the^{assistanceofSri J.Srinadh} Reddy,learned counsel for the Official^{Liquidator. Alsoperused the affidavit of} Official Liquidatorshowing^"no receipts or^{payments"duringthe periodsfrom} 01.10.2018 to 31.03.2019, from 01 .04.2019 to 30.09.2019 and^{from 01.10.2019} to 31 .03.2020 (both days inclusive). Theprayer 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/I IN

,/ l_-..-

SECTION OFFICER

To,

The Official Liquidator, M/s. Leafin lndia Ltd. (ln Liqn), Hiqh Court at Hvderabad lor^{the State of Telangana, Office at 1't Floor,'Corpbiate Bhawan,Nagi:le,} Bandlaguda, Thattiannaram Village, Hayathnagar Mandal, Ranga Reddy District, Telangana State Pincode-500680.

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The Registrar of Companies, Ministry of Corporate Affairs, Government of lndia, 2"' floor, Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Village, Hayathnagar Mandal, Ranga Reddy District, Telangana State Pincode--500680.

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The Regional Director, South Eastern Region, Ministry of Corporate Affairs, 3'd floor, Corporate Bhawan, Nagole, Bandlaguda, Thattibnnaram Village, Hayathnagar Mandal, Ranga Reddy District, Telangana State Pincode-500680.

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The Section Officer, O.S. Section, High Court of Judicature at Hyderabad, for the State of Telangana and the State of A.P.

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One CC to Sri J. Sreenadh Reddy, Official Liquidator, High Court for the State of Telangana at Hyderabad.[OPUC]

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Two CD Copies

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One Spare Copy s br

v.)^t)t lt'

HIGH COURT

DATED: 0310912021

l rrE ST4 IT
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o 2 1 SEP 2021
*
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=i..1

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ORDER

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COMPANY APPLICATION.No.S3 of 2021 IN

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C.P.No.126 of 2012

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ORDERING THE COMPANY APPLICATION

M/s. Leafin India Limited (In Liqn.) v. No Respondent

Case brief

What is this about?

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M/s. Leafin India Limited (In Liqn.) v. No Respondent

Case brief

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