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High Court for State of TelanganaCOMPA/2/2015dismissed

M/S S.V. Engineering Industries Pvt. Ltd. ( In Liqn) v. M/S. Jaypore Sugar Company Ltd.,

2015-01-19C.V.Nagarjuna Reddy2 pages

HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY COMPANY APPLICATION No.2 of 2015 In COMPANY PETITION Nos.65 and 70 of 1989 Date:19.01.2015 Between:

M/s S.V.Engineering Industries Private Limited (in liquidation), reptd by the Official Liquidator ..... Applicant And:

M/s JaYpore Sugar Company Limited, Chennai and another.

.....Respondents Counsel for the Applicant: Sri M.Anil Kumar Counsel for the Respondents: --- The Court made the following:

ORDER:

This Company Application is filed for dissolution of the applicant-company.

Under Rule-281 of the Companies (Court) Rules, 1959, an application for dissolution of the company shall not be set down for hearing until the completion of the audit of the final account and the filing of the Auditor's Certificate in relation thereto.

As the Official Liquidator has not got the final account of the company in liquidation audited, this Company Application cannot be ordered at this stage. In view of the same, the Company Application is

dismissed, however, with liberty to the Official Liquidator to file a fresh Company Application after getting the final account of the company in liquidation audited. ____________________________ JUSTICE C.V.NAGARJUNA REDDY 19th January, 2015 DR