Telangana High Court
COMPA/541/2021 of M/s.World Wide Pharmaceuticals 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\4BER, TWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE T. VINOD KUMAR IN THE MATTER OF THE COMPANIES ACT, 1956 AND lN THE IVIATTER OF M/s. WoRLO WIOE pHARMACEUTTCALS LttvITED ( tn Liqn.) Between:
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IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD
FRIDAY, THE THIRTY FIRST DAY OF DECEI\4BER,TWO THOUSAND AND TWENTY ONE
PRESENTTHE HONOURABLE SRI JUSTICE T. VINOD KUMAR
COMPANY APPLICATION NO,541 oF 2021
IN
c.P. No.126 OF 1998
IN THE MATTER OF THE COMPANIES ACT, 1956ANDAND
lN THE IVIATTER OF M/s. WoRLO WIOE pHARMACEUTTCALS LttvITED ( tn Liqn.)
Between:The Assistant Officlal Liquidator, For the l;tate of Tetangana 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 to1956 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
i. Take the audited half-yearly accounts for the periods from (1) 01.10.2020to 31.03.2021 along with Auditors' Report dated 2A.Og.zOZj submitted on30.09.2021 by M/s. KBS & Assocrates, 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 oi 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 3O-1j-2021 filed bt 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 :
OROER
THE HON'BLE SRI JUSTICE T, VINOD KUMAR
coMPANY APPLICATIoN No.541 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, 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 half-yearly accounts and the auditors' reports are taken on file.Reddy, learned counsel for the Official Liquidator. The prayer is accepted.The half-yearly accounts and the auditors' reports are taken on file.
This Company Application is ordered accordingly HIGH COURT
DATED:31/1212021
-..**"*..-.,.1,,oC)112 APit i,tztORDERCOMPANY APPLICATTON No.S41 ot 2021INCP No.126 of 1998
Ordering the C.A.b<