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High Court for State of TelanganaCOMPA/834/2017allowed no costs

M/S Kohinoor Cements Ltd, Hyd v.

2017-12-13A.Rajasheker Reddy3 pages

THE HON'BLE SRI JUSTICE A.RAJASHEKER REDDY COMPA.No.834 of 2017 in R.C.C. No. 1 of 2002 O R D E R :

This Company Application is filed for an order to: i) dispense with the publication of notice inform No.63 in newspapers for inviting the claims from the creditors of the company in liquidation stated in para 3 in the affidavit. ii) permit the Official Liquidator to issue the notices to the claimants who have filed voluntary claims with this office i.e., Employees Provident Fund Organisation, Commercial Tax Department and Customs and Central Excise.

iii) dispense with the issuance of notices to the creditors as per Rule 148 (2) of the Companies (Court) Rules, 1959.

iv) permit the Official Liquidator to exercise all the powers required for adjudication of claims.

2.

The Official Liquidator filed the report stating that he has received the following claims from the creditors of the company in liquidation.

Sl.

No.

Name of the creditors Amount claimed (Rs) Asst. Provident Fund Commissioner, Hyderabad 6,52,267/- Commercial Tax Officer, Hyderabad 1,64,17,188/- Customs & Central Excise Department, Hyderabad 26,000/-

3. In view of the facts and circumstances stated in the affidavit and by taking into consideration of the report of the Official Liquidator, this application is allowed.

_______________________________ (A.RAJASHEKER REDDY, J) 13.12.2017 Knl

THE HON'BLE SRI JUSTICE A.RAJASHEKER REDDY COMPA.No.834 of 2017 in R.C.C. No. 1 of 2002 Date:13.12.2017 knl