← Library
High Court for State of TelanganaCOMPA/1610/2014dismissed as infructuous

M/S.Soubhagya Projects (P) Ltd., (In Liqn.) v. State Bank Of India,

2015-04-08C.V.Nagarjuna Reddy2 pages

The Hon'ble Sri Justice C.V.Nagarjuna Reddy Company Application No.1610 of 2014 Dated 08.04.2015 Between:

M/s.Soubhagya Projects (P) Ltd., (in Liqn.) rep. by the Official Liquidator ...Applicant and 1.State Bank of India Stressed Assets Management Branch, Secunderabad and 7 others.

...Respondents

Counsel for the Applicant: Mr.M.Anil Kumar, Counsel for OL Counsel for respondent No.3: Mr.P.Sudheer Reddy The Court made the following:

Order:

This Company Application is filed for the following relief: "i) to permit the Official Liquidator to break open the existing locks of the company's Regd. Office situated at H.No.22-9-21, 3rd Floor, Lakshmi Dham, Veerabhadrapuram, Rajahmundry, East Godavari District and to take physical possession of the entire books & records and movable items of the company (In Liqn.) in the presence of the respondents herein; and ii) to order the costs of this application to come out of the assets of the company (in liqn.)."

Today, by a separate order passed in Company Application (Sr).No.5007 of 2014, this Court has set aside Order, dated 16-04-2014, in Company Petition No.82 of 2013, by which the applicant- Company was directed to be wound up, and as a sequel to the said order, the Official Liquidator was discharged.

Therefore, this Company Application has become infructuous and, accordingly, the same is dismissed as such. ______________________ (C.V.Nagarjuna Reddy, J) Dt: 8th April, 2015 LUR