Telangana High Court
COMPA/539/2021 of M/s.Vidyut Steels Ltd.. (in liqn) Vs No Respondent on 31 December 2021
COURT FOR THE STATE OF TELANGANA AT HYDERABAD FRIDAY, THE THIRTY FIRST DAY OF DECEIVBER, TWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE T. VINOD KUMAR COMPANY AP PLICATION N O.539 OF 2021 IN C.P. N 0.26 & 65 0F 1987 IN THE MATTER OF THE COMPANIES ACT, 1956 AND IN THE MATTER
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IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD
FRIDAY, THE THIRTY FIRST DAY OF DECEIVBER,TWO THOUSAND AND TWENTY ONE
PRESENT
THE HONOURABLE SRI JUSTICE T. VINOD KUMAR
COMPANY APPLICATION NO.539 OF 2021INC.P. N 0.26 & 65 0F 1987
IN THE MATTER OF THE COMPANIES ACT, 1956ANDAND
IN THE MATTER oF M/s. VIoYUT STEELS LIMITED ( In Liqn.)
BetweenlThe 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 305 and read with Rule 298 of the companies (court)Rules, 1959 praying that this Hon'ble Court may be pleased to1956 read with Rule 305 and read with Rule 298 of the companies (court)Rules, 1959 praying that this Hon'ble Court may be pleased to
i. Take the audited half-yearly accounls for the periods from (1) 01.10.2020to 3'1.03.2021 atong with Auditors, Report dated 2A.Og,2OZ1 submitted on30.09.2021 by Mis. KBS & Associates, Chartered Accountants on recordand permission be accorded to make payment of audit fee;to 3'1.03.2021 atong with Auditors, Report dated 2A.Og,2OZ1 submitted on30.09.2021 by Mis. 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 Apptication and the affldavii dated 3O-11-ZOZ| fited bi SriKolakaluri Aravind, Asst. Offlcial Liquidator in support of the ComianyApplication and upon hearing the arguments of Srj. J. Srinadh Reddy,learned counsel for the Offlcial Liquidator for the Applicant.
The Court made the following ORDER :
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ORDER
THE HON'BLE SRI JUSTICE T. VINOD KUMAR
COMPANY APPLICATION No.539 of 2021
This Company Application is filed by the Assistant Official Liquidatorunder Section 462 of the Companies Act, [,1956 ]read with Rule 306 of theCompany (Court) Rules, ['1959 ]to take on record the half-yearly accountsalong with the auditors' reports of M/s. KBS & Associates, CharteredAccountanls of the company in liquidation.
Perused the Auditors' Reports with the asslstance of Sri J.SrinadhReddy, learned counsel for the Official Liquidator. The prayer is accepted.The half-yearly accounts and the auditors' reports are taken on file.The half-yearly accounts and the auditors' reports are taken on file.
This Company Application is ordered a
Sd/.B,S.CHJRANJEEVI//TRUE COPY'JOINT RFGTSTRARCW'ToSECTION OFFICER1.The Official Liquidator. M/s. Vrdyut Sreets Ltd . (rn Lrqn ). Offrce at ts. FloorMandat. uorporale RangaReddy Diskict, tshawan, Nago,e Bandlaguda Tet;9ana Tha srate pin rannaram Viltage, Havatfr-,rloarCooe-ib'oteb-, "'' '"*2.2"o lne Floor, Coroorate Bhawan, Nagote. Bandlaguda. Heg,srar of Comoanies. Miniskv of Corporate Affairs, fnlit,""-*'ranl Government Vri"#of lnota,3.Hayathnagar The Re_gionat Mandal, Ranga Drrector, Sourh Easrern Region. r,,li"ii.v Rediy District rerrnsa"" or ;ili;;;'btJEYd6o 6"ipo."iu"iir",.i"i"" "uuoFloor, Corporate Bhawan. nagole, Bandlaouda, tf,ati,ann"rrrn v,,ir."- 4.one-cc Hayathangar Mandal, Ranga to sri J.sreenadh Reddy, Reddy counser District, Telangana Sfate ior.bmiiai Lqrilit.; pin ;sh"c"""r;t C'ode-500 680f"r.the State of Telangana at Hvderibaa5.Two CD Copres6.One Spare CopyKj.\\v I
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HIGH COURTDATED.3111212021
ItLAA/s(,!-UJsdo\.ORDERocoMPANY APPLICATION [No.539 ][of ][202]INCP Nos.26 & 65 [of ][1997]
Ordering the C.A.\[V\]-\)),e,