Telangana High Court
COMPA/561/2021 of M/s.Vara Vara Chits Ltd., (in liqn) Vs No Respondent on 31 December 2021
COURT FOR THE STATE OF TELANGANA AT HYDERABAD FRIDAY, THE THIRTY FIRST DAY OF DECEIIIBER, TWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE T. VINOD KUMAR IN THE MATTER OF THE COMPANIES ACT, 1956 AND lN THE MATTER OF M/s. Vara Vara Chits Ltd., ( tn Liqn.) Between: The Assistant
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IN THE HIGH COURT FOR THE STATE OF TELANGANAAT HYDERABAD
FRIDAY, THE THIRTY FIRST DAY OF DECEIIIBER,TWO THOUSAND AND TWENTY ONE
PRESENTTHE HONOURABLE SRI JUSTICE T. VINOD KUMAR
coMPANY APPLICATION No.561 OF 2021
INC.P. No.'131 of 2000
IN THE MATTER OF THE COMPANIES ACT, 1956ANDAND
lN THE MATTER OF M/s. Vara Vara Chits Ltd., ( tn 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 299 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 Take the hajf-yearly accounts ior the period lrom OlljOl2O2O lo 31t0312021, along withAuditors Reporl dated 2BtOgl2CAuditors Reporl dated 2BtOgl2Cchartered Accountanrs ,""j,'j,Tj::::":::T'::::lr:: lee"" IJi'jr"^l]i1l"jij;;lee"" IJi'jr"^l]i1l"jij;;
ii. Order that the cost of this application and any mjscellaneous expenses docome 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 bt SriKolakaluri Aravind, Asst. Official Liquidator in support of the CompanyApplication and upon hearing the argumenls of Sri. J. Srinadh Reddy,learned counsel for the Official Liquidator for the Applicant.
The Court made the following oRoER:
THE [HON'BLE ][SRI ][JUSTICE ][T' ][VINOD ][KUMAR]
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COMPANY [APPLICATION ][No' ][561 ][of202l]
ORDER:
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 ][IWs ][KBS ][& ][Assoclates']Chartered [Accountants ][ofthe ][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']
'fhis Company Application [is ordered ][accordingly']!'''.'$J[[IT8SH//rRUE [coPY// ]G',SECTION [OFFICER]
To,
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HIGH COURT
DATED: 3111212021
o31HE [sI4]14:.-a\q)Joo1s ltAr 202.oORDER* o€sPAICHvCOMPANY APPLICATION.No.56l of 2021INC.P.No.131 of 2000
ORDERING THE COMPANY APPLICATION@ [*Y*,]" [t6r\ut']
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