M/S. Southern Continental Contractors Ltd. ( In Liqn.) v. Sri G. Suresh

IN THE HIGH COURT OF JUDICATURE AT HYDERABAD

FOR THE STATE OF TELANGANA AND THE STATE OF ANDHRA PRADESH **** COMPANY APPLICATION No.351 of 2013 IN COMPANY APPLICATION No.1374 of 2006 IN COMPANY PETITION No.112 of 2007 Between:

M/s. Southern Continental Contractors Limited .... Applicant And Sri G.Suresh and two others .... Respondents DATE OF JUDGMENT PRONOUNCED: 31.07.2015 SUBMITTED FOR APPROVAL:

THE HON'BLE SRI JUSTICE NOOTY RAMAMOHANA RAO

1. Whether Reporters of Local newspapers No may be allowed to see the Judgments?

No

2. Whether the copies of judgment may be marked to Law Reporters/Journals No

3. Whether Their Ladyship/Lordship wish to see the fair copy of the Judgment?

THE HON'BLE SRI JUSTICE NOOTY RAMAMOHANA RAO

COMPANY APPLICATION No.351 of 2013 IN COMPANY APPLICATION No.1374 of 2006 IN COMPANY PETITION No.112 of 2007 ORDER:

The learned Advocate Commissioners, who have been appointed to discharge the functions of the Liquidator of the company under Liquidation, have brought to my notice that the Income Tax Department, has realized that the notice issued by them earlier under Section 226(3) of the Income Tax Act, 1961, is not sustainable and hence, they have withdrawn it and the communication to that effect has been addressed by the Tax Recovery Officer-3, Income Tax Department, Hyderabad on 11.03.2013.

In that view of the matter, no further orders are needed to be passed in this company application.

Accordingly, this company application is disposed of. _______________________________________ JUSTICE NOOTY RAMAMOHANA RAO 31.07.2015 ska