Telangana High Court

COMPA/540/2021 of M/s.Vini-Metaspin Steels Ltd (in liqn) Vs No Respondent on 31 December 2021

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COURT FOR THE STATE OF TELANGANA AT HYDERABAD FRIDAY, THE THIRTY FIRST DAY OF DECEIVIBER, TWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE T. VINOD KUMAR IN THE MATTER OF THE COMPANIES ACT, 1956 IN THE MATTER oF M/s- VINI-METASPIN STEELS LIMITED ( In Liqn.) Between: The.Assistant

IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD

FRIDAY, THE THIRTY FIRST DAY OF DECEIVIBER,TWO THOUSAND AND TWENTY ONE

PRESENT

THE HONOURABLE SRI JUSTICE T. VINOD KUMAR

COMPANY APPLICATIoN No.54O oF 2021

INc.P. No.209 0F 1998

IN THE MATTER OF THE COMPANIES ACT, 1956

IN THE MATTER oF M/s- VINI-METASPIN STEELS 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 Gompanies Act,1956 read with Rule 306 and read with Rute 298 of the Companies(Court) Rules, 1959 praying that this Hon'ble Court may be pleased to(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)01.10.2020 to 3.1.03.2021 atong with Auditors, Report dated28.09.2021 submitted on 30.09.2021 by [vt/s. KBS & Associates,Chartered Accountants on record and permission be accorded to makepayment of audit fee:01.10.2020 to 3.1.03.2021 atong with Auditors, Report dated28.09.2021 submitted on 30.09.2021 by [vt/s. KBS & Associates,Chartered Accountants on record and permission be accorded to makepayment of audit fee:

ii. Order that the cost of this application and any miscellaneous expensesdo come out of the funds of the company or Estate and EstablishmentFund if funds are not available in company.Order that the cost of this application and any miscellaneous expensesdo come out of the funds of the company or Estate and EstablishmentFund if funds are not available in company.

^ This Company Application coming on for orders upon reading theCompany Application and the affidavii dated 30-1 1-2d21 fited bt SriKolakaluri Aravind, Asst. Official Liquidator in support of the CompanyIttE,,:l tearned counsel for "lq [ypgl ]the [hearins ][the aisuments ][or ][bit. ][.r. ][srinadh ][Reddy,]Official Liquidator for the Applicant.

The Cou( made the following oRDER :

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ORDER

THE HON'BLE [SRI ][JUSTICE ][T. ][VINOD KUMAR]

COMPANY APPLICATION [No'540 ][of ][2021]

This Company [Application ][is ][filed ][by ][the Assistant Official ][Liquidator]under Section [462 of ][the ][Companies ][Act, ][1956 read ][with ][Rule 306 of ][the]Company [(Court) Rules' ][1959 ][to take on ][record ][the ][half-yearly ][accounts]along with the [auditors' reports ][of ][M/s ][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' reports are taken on file]

n

HIGH COURT

DATED: 3111212021

ORDERCOMPANY APPLICAT|ON.No.540 of 2021INC.P.No.209 of 19981HE siAo!*k(ni [lt ][nN ][zw]n\\CI:.ip;rcu€-olr ORDERING THE COMPANY APPLICATION

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