Telangana High Court
COMPA/555/2021 of M/s.Turbo Bharat Ltd., (in liqn) Vs No Respondent on 31 December 2021
COURT FOR THE STATE OF TELANGANA AT HYDERABAD FRIDAY, THE THIRTY FIRST DAY OF DECEMBER, TWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE T. VINOD KUMAR COIMPANY APPLTCATTON NO.555 0F 2021 IN c.P. No.1s1 OF 2009 IN THE IVIATTER OF THE COMPANIES ACT, 1956 AND IN THE MATTER OF M/s.
I
IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD
FRIDAY, THE THIRTY FIRST DAY OF DECEMBER,TWO THOUSAND AND TWENTY ONE
PRESENTTHE HONOURABLE SRI JUSTICE T. VINOD KUMAR
COIMPANY APPLTCATTON NO.555 0F 2021
IN
c.P. No.1s1 OF 2009
IN THE IVIATTER OF THE COMPANIES ACT, 1956ANDIN THE MATTER OF M/s. TURBO BHARAT LIMITED ( In 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 Rule 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 audated half-yearly accounts for the periods from (1) 01.10.2020to 31.03.2021 along with Auditors' Report dated 28.09.2021 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 28.09.2021 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 this application and any miscellaneous expenses docome out of the funds of the company or Estate and Establishment Fund iffunds are not available in company.come out of the funds of the company or Estate and Establishment Fund iffunds are not available in company.
This Company Application coming on for orders upon reading theCompany Application and the affidavit dated 30-11-2021 filed by SriKolakaluri Aravind, Asst. Official Liquidator in support of the CompanyApplication and upon hearing the arguments of Sri. J. Srinadh Reddy,learned counsel for the Official Liquidator for the Applicant.
The Court made the following oRDER :
I
THE HON'BLE SRI JUSTICE T, VINOD KUMAR
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
ORDER:
This company Apprication is fired by the Assistant officiar Liquidatorunder section 462 of the companies Act, 1956 read with Rure 306 of theCompany (Court) Rules, 19S9 to take on record the half_yearly accountsalong with the auditors' reports of M/s. KBS & Associates, charteredAccountants of the company in liquidation.
Perused the Auditors' Reports with the assistance of Sri J.SrinadhReddy, learned counsel for the Official Liquidator. The prayer is accepted.The harf-yearry accounts and the auditors' reports are taken on fire.The harf-yearry accounts and the auditors' reports are taken on fire.
* _This 9oTryll$_pll"rion [is ][ordered accordingty.]
HIGH COURT
DATED:31/1212021
ORDER
COMPANY APPLICATION No.555 of 2021
INC.P.No.151 of 2009
1[t{][E ][STA]oo2 [g ][iiAn ][202]*
Ordering the C.A.