Telangana High Court

COMPA/431/2021 of M/s. Bull Power Systems Ltd., (in liqn) Vs No Respondent on 31 December 2021

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COURT FOR THE STATE OF TELANGANA IN THE MATTER OF THE COIV]PANIES ACT. 1956 ANO lN THE MATTER OF lu/s.Bull Power Systems Ltd', (ln Liqn ) Between: ine nssistant Otficial Llqurdator, For the State of Telangana and the State of Andhra Pradesh at Hyderabad ...AppLlCANT Company Application Under

IN THE HIGH [COURT ][FOR ][THE STATE ][OF ][TELANGANA]AT HYDERABAD

FRIDAY. THE THIRTY [FIRST ][DAY ][OF ][DECEI\4BER]TWO THOUSAND [AND TWENTY ][ONE]

PRESENTTHE HONOURABLE [SRI ][JUSTICE ][T. ][VINOD KUMAR]

COMPANY [APPLICATION ][NO,431 ][OF ][2021]

rNR.C.C.NO.11 0F [2001]

IN THE MATTER [OF ][THE ][COIV]PANIES ][ACT. ][1956]

ANOlN THE MATTER [OF ][lu/s.Bull ][Power Systems ][Ltd', ][(ln ][Liqn ][)]

Between:ine nssistant [Otficial ][Llqurdator, ][For ][the ][State of ][Telangana ][and ][the ][State ][of]Andhra Pradesh [at ][Hyderabad ]

...AppLlCANT

Company 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 ][pleased ][to]

Take the half-yearly [accounts ][for ][the ][period ][from ][01 ][10 ][2020 ][to]31 03.2021 [along ][with ][Auditors' Report ][dated ][fl ][AB ][2Q21 ][submitted ][on]24 A8.2021 by [M/s ][N,4urthy ][& ][Kanth, ][Chartered Accountants ][on ][record]and [permission ][be ][accorded ][to ][make ][payment ][of audit fee']31 03.2021 [along ][with ][Auditors' Report ][dated ][fl ][AB ][2Q21 ][submitted ][on]24 A8.2021 by [M/s ][N,4urthy ][& ][Kanth, ][Chartered Accountants ][on ][record]and [permission ][be ][accorded ][to ][make ][payment ][of audit fee']

I Orde[ thal [the cosl ][of this ][app ][cal ][on ][and any ][rrriscel ][aneot]s ][expenses]do come or! of [the ][funds of ][the ][ccmpany ][or ][Est:rte ][arrd ][Estabr ][shmeni]Fund f funds [are ][not ][ava ][able ][irr ][comparry]do come or! of [the ][funds of ][the ][ccmpany ][or ][Est:rte ][arrd ][Estabr ][shmeni]Fund f funds [are ][not ][ava ][able ][irr ][comparry]

This Company [Application coming on for ][orciers^up^on ][reading ][the]Company Rpptication [anA ][the ][affidavii ][dated ][1 ][5-09 ][2021 filed ][by ][Sri]X"fr["f ri Aravind, [Asst ][Officiai ][Liquidator ][in ][support ][of the ][Company]Aoollcatron and upon [hearrng ][the ][arguments ][of ][Sri ][J ][Srinadh ][Reddy']learned counsel [for ][the ][O'trcial ][L'oLrdato' ][fo ][tne Appl cant']

The Court [made ][the ][following ][oRDER ][:]

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ORDER

THE HON'BLE SRI J USTICE T. VINOD KUMAR

COIVIPANY APP LICATION No.431 of 2021

This Company Application is filed by the Assistant OfficialLiquidator under Section 462 of the Companies Act, [.1956 ]read with Rule306 of the Company (Court) Rules, [.1959 ]to take on record the half_yearly accounts along with the auditors, reports of M/s.l\,4urthy & Kanth,Chartered Accountants of the company in liquidation.

Perused the Auditors, Reports with the assistance of Sri J SrinadhReddy, learned counsel for the Offjcial Liquidator. The prayer isaccepted. The hallyearly accounts and the audifors, reports are takenon fileon file Th s Company Applicatron is ordered accordingly Sd/,I\4,SAN]VARDHAN]ioGSISECON OFF CER

i/TRUE COPYi/

ToThe Frno[ Official Co oo Liqutdator, a e Blawxn N4/s. Ndgo.e Bu|] power Syslems Li,Irled (ln Bo10,a -da, T,d .annraT Liqn V taoe) Off ce at 1srH,avathnrq.J- l\la-oJ Pi.ga Reddy Distr,ct. Te.. cdla Sr?te o.n ioop-5oobdu:ll.I10 /. r,oor Tu|. uo.porale [or ][u.oTlanres. ]B"aaan. [A.4rn ]\agole [stry of ]Banora,glloa, [Corporate Aifairs, coverirment ]Tra[ia^.l.am Vrl,aoeof lndia.3H-ayathnaga. r ne xegronat Manda' D recto., Ranga South Reddy Easlern D Region, stricl Te,angora Minlsky of Corporate Stare p - CoOe-500 Affairs, 3d6gOf'oo'. Co.po'ate Bnawan Ndgo'e BardlaqLrda, T^attiannaram V; aoc4H,ayathnaqa.M€nda, Ranga Reddy D skict. Te a^9anr State p - C;;.-500 b8O5\rne :'l:.^.j.1,":"] Lu lo 5r J.Sreenadh 1"' [o ][S ][Sectiol. ]Reddv [H g.r ]Cornsel for [Col,rt ][ot ]Official LiqLridatoi, High [Tp ][a-ga.a ][ar Fyder.roao]Courl forlhe State of Telanaana at Hvclerabad6.Iwo CD Cop es7.One Spare CopyKl HIGH COURT

DATED:31/1 212021

i;r€ [:.TAr-t]ot'q)g4l'ii'Y [2ifl2])*);.\

ORDERCOMPANY APPLICATION No.431 [of ][2021]INRC.C.No.11 of 2001

ORDERING THE [COMPANY APPLICATION]$b

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