Telangana High Court
COMPA/560/2021 of M/s.Visveswara Finance and Chit Funds Ltd (in liqn) Vs No Respondent on 31 December 2021
HIGH COURT FOR THE STATE OF TELANGANA AT HYOERABAD FRIDAY, THE THIRTY FIRST DAY OF DECEMBER, TWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE T. VINOD KUMAR COIVIPANY APPLICATION No .560 0F 2021 IN C.P. No.38 of 2005 IN THE MATTER OF THE COMPANIES ACT, 1956 lN THE MATTER OF M/s.
IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYOERABAD
FRIDAY, THE THIRTY FIRST DAY OF DECEMBER,TWO THOUSAND AND TWENTY ONE
PRESENTTHE HONOURABLE SRI JUSTICE T. VINOD KUMAR
COIVIPANY APPLICATION No .560 0F 2021
INC.P. No.38 of 2005
IN THE MATTER OF THE COMPANIES ACT, 1956
lN THE MATTER OF M/s. VisveswafPn"n"u & Chit Funds Ltd ( tn Liqn.)
Between:The,Assistant OfFicial Liqujdator, For the State of Telangana and the State ofAnd hra Pradesh at Hyderabad.
APPLICANT
Company Application Under Section 462 of the Companies Act,1956 read with Rule 305 and read with Rule 298 of the Companies (Court)Rules, 1959 praying that this Hon'blo Court may be pleased to(i) Takethe half-learlv ar counrs-6ilie feri6JlT.om O L tO.2O2Oto 31.03.2021 along with Auditors,Report dated 2A.Og _2021submitted on 30.09.2021 by M/s.KBS & Associates.,Rules, 1959 praying that this Hon'blo Court may be pleased to(i) Takethe half-learlv ar counrs-6ilie feri6JlT.om O L tO.2O2Oto 31.03.2021 along with Auditors,Report dated 2A.Og _2021submitted on 30.09.2021 by M/s.KBS & Associates.,Chartered Accountants on record and permission be accorded.to make pal,'ment of audit fee;to make pal,'ment of audit fee; llOrder that the cost of this application and any miscellaneous expenses docome out of the funds of the company or Estate and Establishment Fund iffunds are not available jn company.come out of the funds of the company or Estate and Establishment Fund iffunds are not available jn company.
This Company Application - Company Application coming and the affidavii dated on for 3O-11_2021orders uponfiled by reading theSriKolakaluri Aravind, Asst. Official Liquidator in support of the CompanyApplication and upon hearing the arguments of S;i. J. Sranadh Reddy,Iearned counsel for the Official Liquidator for the Appljcant.The Court made the following oRDER :
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THE HON'BLE [SRI ][JUSTICE T. ][VINOD ][KUMAR]
COMPANY [APPLICATION ][No' ][560 ][of202l]
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ORDER:
This Company [Application ][is ][filed ][by ][the ][Assistant ][Official]under [Section ][462 ][of ][lhe Companies ][Act, ][1956 read ][with ][Rule]Liquidator 306 of the Company [(Court) ][Rules, ][1959 ][to ][take ][on record the half-yearly]accounts along [with ][the ][auditors' reports ][of ][N'Vs ][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'repofts ][are ][taken on ][tile']
This Company Application [is ordered accordinglY],TRUE [COPY//]
sD/- [M.SANTltl ][vARDtlA\l]L '.)-/.rr'rSECTION [OFFICER]
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DATED: 3111212021
ORDERCOMPANY APPLICATION.No.560 of 2021INC.P.No.38 of 2005
ORDERING THE COMPANY APPLICATION
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