The Company Application filed by the Assistant Official Liquidator praying to take half-yearly accounts and auditors' reports on record was accepted by the Company Bench, which directed that the documents be taken on file.
The Company Application is accepted; half-yearly accounts and auditors' reports are taken on file.
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IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD
Fll?l_Y, THE rHIRD DAY OF SEPTEMBER TWo THoUSAND AND rWH.lTv oi.rJ''
PRESENT
_ THE HONOURABLE SRIJUSTICE T, VINOD KUMAR
coMPA NY APP LtcATIO NN .85 F2021
IN
R.C.C. N o.2 OF 2oo3
IN THE MATTER OF THE COMPANIES ACT, 1956 AND lN THE MATTER OF M/s. Raghu Fabrics (p) Ltd.( tn Liqn)
Between:
The Assistant official Liquidator, For the.state of relangana and the state of Andhra Pradesh, at Hyderabad.
,,.APPLICANT
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
This Company Application coming on fororders upon reading the companyApplication and theaffidavitdated 28-06-2021filed by sri suresh Dharavath, Asst.Official Liquidator insupportof the companyApplicationand upon hearing thearguments of sri. J.srinadh Reddy, learned counsel for the Official Liquidator for theApplicant.
The Court made the followingORDER:
THE HON'BLESRIJUSTICET. VINODKUMAR COMPANYAPP LICATIONN o.85(j^1 ?021
9BDEB:
ThisCompanyApplicationisfiledbytheAssistantofficialLiquidatorunder section 462 ofthe companies Act, 1956 read withRule306 of the company (Court)Rules,lg5gtotakeonrecordthehalf-yearlyaccountsalongwiththe auditors, report ofM/s. Dutt &Associates and M/s. PadmanabhaRao & Company, Chartered Accountants ofthe Company in liquidation.
Perused the Auditors' Reports with the assistance ofSri J.Srinadh Reddy,learned counsel for the Official Liquidator. AIso perused the affidavit of Official Liquidatorshowing "no receipts or payments" during the period from 01.04.2018 to 30.09.2018 and from 01.'10.2019 to 31.X3.2020 (both days inclusive). Theprayer is accepted. The half-yearly accounts and the auditors'reports are taken on file.
This Company Application is ordered accordingly.
SD/.K.SRINIVASA RAO JOINT REGISTRAR
//TRUE COPY//
To,
SECTION OFFICER
HIGHCOURT
DATED:0310912021
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ORDER
COMPANY APPL|CAT|ON.No.SS ot 2021 IN R.C.C.No.2 of 2003
ORDERING THE COMPANY APPLICATION
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2 issues framed by the court
Whether the half-yearly accounts and auditors' reports submitted by the official liquidator should be taken on record.
Whether the Court should direct that the costs of the application be borne by the company funds.
3 provisions across 2 enactments
Assistant Official Liquidator, for the state of Telangana and the state of Andhra Pradesh
M/s. Raghu Fabrics (p) Ltd. (in Liqn)
T. Vinod Kumar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
