In the matter of M/s. Ranka Cables Limited(in liqn) v. No Respondent
Case brief
What is this about?
Telangana High Court, Company Application No. 105 of 2025 in R.C.C. No. 11/1999; Official Liquidator of M/s. Ranka Cables Limited (in liquidation); Section 462 Companies Act 1956; Rule 298 and Rule 306 Companies (Court) Rules 1959; half-yearly accounts 01.04.2023 to 30.09.2023; Independent Auditor's Report dated 27.05.2025 by M/s. Padmanabha Rao & Co., Chartered Accountants; audit fee Rs.500/- plus GST; Estate and Establishment Fund; K. Lakshman J.; decided 06.08.2025; application allowed.
What did the court decide?
Half-yearly accounts (01.04.2023 to 30.09.2023) with the Independent Auditor's Report dated 27.05.2025 taken on record; permission granted to pay audit fee of Rs.500/- plus GST to the Auditor, from the available funds of the Company (in liquidation) or the Estate and Establishment Fund account, subject to reimbursement upon realization of the company's assets.