Telangana High Court

COMPA/423/2021 of M/s.ITC Agrotech Finance and Investments Ltd., (in liqn) Vs No Respondent on 31 December 2021

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COURT FOR THE STATE OF TELANGANA AT HYDERABAO FRIDAY. THE THIRTY FIRST DAY OF DECEMBER TWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE T. VINOO KUMAR IN IHE MATTER OF THE COMPANIES ACT, 1956 AND lN THE IVIATTER OF M/s.lTC Agrotech Finance & lnvestments Ltd., (ln Liqn ) Between

IN THE HIGH COURT [FOR THE ][STATE ][OF ][TELANGANA]AT HYDERABAO

FRIDAY. THE THIRTY FIRST [DAY ][OF ][DECEMBER]TWO THOUSAND AND TWENTY ONE

PRESENTTHE HONOURABLE SRI JUSTICE [T. ][VINOO KUMAR]

COMPANY APPLICATION NO.423 OF 2021

INc.P.NO.4 0F ['1999]

IN IHE MATTER OF THE COMPANIES [ACT, ][1956]AND

lN THE IVIATTER OF [M/s.lTC ][Agrotech ][Finance & ][lnvestments ][Ltd., (ln Liqn ][)]

Between

The Assistant Official Liquidator, [For ][the ][State of ][Telangana ][and the ][State ][of]Andhra Pradesh at Hyderabad

...AppLrcANT

company Application Under Section [462 ][of ][the ][Companies ][Act']t [gs6 ]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]

Take the half-yearly accounts [for the ][period ][from ][01.'10'2020 ][to]31.03.2021 along [with ][Auditors' ][Report ][dated ][17.08.2021 submitted ][on]24.08.2021 by [M/s.lrilurthy ][& ][Kanth, Chartered ][Accountants ][on ][record]and [permission ][be accorded ][to ][make payment ][of ][audit fee;]

li Order that the cost [of this application and any miscellaneous expenses]do come out of [the ][funds ][of the ][company ][or ][Estate ][and ][Establishment]Fund if funds ale not available [in company.]

This Company Application coming [on for orders upon reading ][the]Company Application [and the ][affidavit ][dated ][15-09-2021 ][filed by ][Sri]Kolakaluii Aravind, [Asst. ][Official Llquidator ][in ][support ][of ][the ][Company]Application 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]

,2

THE [HON'BLE ][SRI ][JUSTICE T' VINOD KUMAR]PP[Llc]ATI[ON]oo12[021]OM[PAN]

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ORDER

is filed [bY ][the ][Assistant ][Official]This [ComPanY ][APPlication]ComPanies [Act' ][1956 read ][with ][Rule]Liquidator [under Section ][462 ][of the]s, 1959 [to ][take ][on ][record ][the ][half-]306 [of the ][company (court) ][Rule]ditors' [reports ][of ][lvl/s ][Murthy ][& ][Kanth']yearlY[accounts along ][with ][the ][au]comPanY [in liquidation]Chartered [Accountants ][of ][the]Reports [with the assistance of ][Sri ][J ][Srinadh]Perused [the ][Auditors']The PrayerISthe [Official ][Liquidator]ReddY, [learned counsel ][for]and [the ][auditors' reports are ][taken]The [half-Yearly accounts]accePtedon [file]

This [Company Application is ordered][ accordinglY]

sd/-M.[SANTHI VARD][ HANI]RARJOI[NTR][E]ICER/IIRUE [COPY/I]SETo'ffi#i:f,'Hii;rnl*;..:lff a'*1;;'a..".:lt'}Hil"'-ttii:::t*$ffig"g,;qu",#l{tffi4. Th; [Section ][Ofl'cer' \J ][J'r""' "' ]i^,,i.rator. High [Cou't ][fo']:t*1*j*';,"*:i,i"ot1:".';'"'""oronrciarLiouidatorHishA Two CD [Copres]i. on. [sPate ][coPY]Kj. \y HIGH COURTDATED:3111212021

1t\E [STAf]o^r\qoo.1llJ\Y [2822]3IORDER*il4-,y'*COMPANY APPLICATION No.423 ot 2021,/o5,INs r;,,,C.P. No.4 of 1999

Ordering the C.A.@x,v'

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