Telangana High Court
COMPA/544/2021 of In the matter of M/s.The Coastal Chemicals Ltd., (in liqn) Vs No Respondent on 31 December 2021
COURT FOR THE STATE OF TELANGANA AT HYDERABAD FRIDAY. THE THIRTY FIRST DAY OF DECEI\,,IBER, TWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE T. VINOD KUMAR COMPANY APPLICATI oN NO.544 0F 2021 IN Rcc No.6 OF 2000 IN THE MATTER OF THE COMPANIES ACT, 1956 ANO lN THE MATTER OF lvl/s.
I
IN THE HIGH COURT FOR [THE STATE ][OF ][TELANGANA]AT HYDERABAD
FRIDAY. THE THIRTY FIRST DAY OF DECEI\,,IBER,TWO THOUSAND AND TWENTY ONE
PRESENT
THE HONOURABLE SRI JUSTICE T. VINOD [KUMAR]
COMPANY APPLICATI oN NO.544 0F [2021]
INRcc No.6 OF 2000
IN THE MATTER OF THE COMPANIES ACT, 1956
ANO
lN THE MATTER OF lvl/s. THE COASTAL CHEMICALS LllvllTED (ln Liqn.)
Between:The Assistant Official Liquidator, For the State of Telangana and the State ofAndhra Pradesh, at Hyderabad.
...APPLICANT
Company Application Under Section 462 of the Companies Act,'1956 read with Rute 306 and read with Rule 298 of the Companies (Court)Rules, 1959 praying that this Hon,ble Court may be pleased toRules, 1959 praying that this Hon,ble Court may be pleased to
i. Take the audrted half-yearly accounts for the periods lrcm (1) 01.1O.ZO2Oto 31.03.2021 along with Auditors, Report dated Zg.Og.2021 submitted on30.09.2021 by M/s. KBS & Associates, Chartered Accountants on recordand permission be accorded to make payment of audit fee;to 31.03.2021 along with Auditors, Report dated Zg.Og.2021 submitted on30.09.2021 by M/s. KBS & Associates, Chartered Accountants on recordand permission be accorded to make payment of audit fee;
ii. Order that the cost of thls application and any miscellaneous expenses docome out of the funds of the company or Estate and Establishment Fund iffunds are not available in company.Order that the cost of thls application and any miscellaneous expenses docome out of the funds of the company or Estate and Establishment Fund iffunds are not available in company.
Appticalion coming on for orders upon readtng theApphcation ^^_^]1,.. uompany Kolakaruri Aravind, Appticarion [^a-"Iir.l, ]and Asst and the officiaj r qriortoi'in" affidavit dated fi;j;, 3O-11_2021 the flled Companybi SriApphcation ^^_^]1,.. uompany Kolakaruri Aravind, Appticarion [^a-"Iir.l, ]and Asst and the officiaj r qriortoi'in" affidavit dated fi;j;, 3O-11_2021 the flled Companybi Srirearned counset for upon the Official hearing.the Liquidai'or arguments r"i t'n1 "i-S;. apiii"r"tj Srinadh Reddy.
The Court made the following oRDER:
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ORDER
THE HON'BLE SRI JUSTICE T. VINOD KUMAR
COMPANY APPLTCATION N0.544 of 2021
This Company Application [is ]filed [by ]lhe [Assistant Official ][Liquidator]under Section 462 of the Companies Act, [1956 ][read ][with ][Rule 306 of ][the]Company [(Court) ]Rules, 1959 to [take on ][record ][the ][half-yearly ][accounts]atong with the auditors' [reports ]of [M/s. KBS ][& ][Associates, ][Chartered]Accountants of the company [in liquidation.]
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']
i)
This Company [Application ][is ordered accordingly]
Sd/.K.SRINIVASA [RAO]JOINT REGISTRARSECTION [OFFlCER]
//TRUE [COPY//]
To'' 1 Tre jn Froo'. orf ciar corporale L ouidaror BT" 'o '^.: I39lI;""1r,Ji. :::'E::;:ffi?:t[J:t#if:; i"["s"": s,i'" p,n cooe-soo i";5'" 6BL,i{:#hT::s:[d*]i."u]i**lr+:q.:t*:lpr:"".'i":,.-n"rathnaqa, Mandal, [Ranga Reddv ][nrslrict' ][I ][elanga'a ][state ]['" ][' ][""""]" ' [[J?.;","'; ];i"'Jt';;d;; [;;""io' ]L-n"*:" [souit ]*,n-"lln?,Jlf:i.r,; [eastJrn Reg'on' ][t\'4rn:strv ][or ][corporate ]J llTi"" [A'larr ].oo [s ][' ][J]uuoHavathnasar [Ma4dal, Ranga Heoov ][u'srrl"l:. ]l^'11^l'.I"-,f lffj'#li:{: ['"ilplanoana ]ar. if,J"s".rJ" [oi]"er, ][d's ][slction ][(rgh ][cou( ][for tne ][state ol ][relangara ][;]53ll"ltii [ar', ][,.ar'""nadh ][Reddv' counsel for ][official ][Liquidator' ][Hish ][court ][ror]ttre State [of Tetangana at ][Hyderaoao']6.Two CD Copies7.One SPare [CoPY]Kj\.V 1 Tre jn Froo'. orf ciar corporale L ouidaror BT" 'o '^.: I39lI;""1r,Ji. :::'E::;:ffi?:t[J:t#if:; i"["s"": s,i'" p,n cooe-soo i";5'" 6BL,i{:#hT::s:[d*]i."u]i**lr+:q.:t*:lpr:"".'i":,.-n"rathnaqa, Mandal, [Ranga Reddv ][nrslrict' ][I ][elanga'a ][state ]['" ][' ][""""]" ' [[J?.;","'; ];i"'Jt';;d;; [;;""io' ]L-n"*:" [souit ]*,n-"lln?,Jlf:i.r,; [eastJrn Reg'on' ][t\'4rn:strv ][or ][corporate ]J llTi"" [A'larr ].oo [s ][' ][J]uuoHavathnasar [Ma4dal, Ranga Heoov ][u'srrl"l:. ]l^'11^l'.I"-,f lffj'#li:{: ['"ilplanoana ]ar. if,J"s".rJ" [oi]"er, ][d's ][slction ][(rgh ][cou( ][for tne ][state ol ][relangara ][;]53ll"ltii [ar', ][,.ar'""nadh ][Reddv' counsel for ][official ][Liquidator' ][Hish ][court ][ror]ttre State [of Tetangana at ][Hyderaoao']6.Two CD Copies7.One SPare [CoPY]Kj\.V
HIGH COURT
DATED:31/ 12t2021
ORDER
.COMPANY [AppLtCATtON ]No.544 of 2021INRCC No.6 of 2000
Ordering [the C'A']
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