M/S.Magna Foundriinier Ltd., (In Liqn) v. No Respondent
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IN THE HIGH COURT FOR THE STATE OF TELANGANA
AT HYDERABAD FRIDAY. THE THIRTY FIRST DAY OF DECEI\,,IBER IWO THOUSAND AND TWENTY ONE PRESE NT THE HONOURABLE SRI JUSTICE T. VINOD KUMAR COIVIPANY APPLICATION NO.43O OF 2021 IN R.C.C.NO.6 0F 1999
IN THE MATTER OF THE COMPANIES ACT, 1956
AND lN THE MATTER OF M/s.Magna Foundriinier Ltd., (ln Liqn.) Betweenl The Assistant Official Liquidator, For the State of Telangana and the State of Andhra Pradesh, at Hyderabad.
..APPLICANT Company Application Under Section 462 of the Companies Act, '1956 read with Rule 305 and read with Rule 298 of the Companies (Court) Rules, '1959 praying that this Hon'ble Court may be pleased to Take the half-yearly accounts for the period from 01.10 2020 to 31.032021 along with Auditors' Report dated 17 08 2021 submitted on 24.08.2021 by M/s lVlurthy & Kanth. Chartered Accountants on record and permission be accorded to make payment of audit fee, li Order that the cost of thas application and any miscellaneous expenses do come out of the funds of the company or Estate and Establishment Fund rf funds are not available rn company.
This Company Application coming on for orders upon readlng the Company Application and the affidavit dated 15-09'2021 filed by Sri Kolakaluri Aravind, Asst. Official Liquidator in support of the Company Application and upon hearing the arguments of Sri. J. Srinadh Reddy, learned counsel for the Official Liquidator for the Applicant, The Court made the following oRDER
-l THE HON'BLE SRI JUSTICE T. VINOO KUMAR colvl P NY APPLICATION No 430 of 2021
ORDER
This Company Application is filed by the Assistant Official Liquidator under Sectjon 462 of the Companies Act, 1956 read with Rule 306 of the Company (Court) Rules, 1959 to take on record the halfyearly accounts along with the auditors' reports of M/s.N4urthy & Kanth, Chartered Accountants of the 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.
This Company Application is ordered accordingly SD/- M.SANTHI VARDHANI JOINT REGISTRAR //TRUE COPY// .)* SECTION OFFICER To, The. OfficLal Liquidalor, M/s. Magna Foundriinier Ltd., (tn Liq,r.), Office at 1" tloor. Corporate. Bhawan, [agole.^Bandlag_uda, Thattiannaian, Virtage, layathnagar I\4andal, Ranga Reddy Drstrict, Tetangana State pincode:500680 rne,Hegrstrar ot Oom.panies, I\,4inistry of Corporate Affairs. Government of lndia, 2, _- tloor, Corporate Bh€wan, Nagole, Bandlaguda, Tahttiannararr Viltage, Hayathnagar.l\4andal. R-anga Reddy District, Telangana State pincode_-5O06gO ll9ll_S,:l1l D l9cror. South. EasternRegion. t\,4iniatry of Corporare Atfairs, J - floor. Uorporate Bhawan. Nagole. Bandlag_uda, Thattiannaiam Vrllage, Hayathnasar l\4andat, Ransa neioy oisiricillerJ;s;;;'5i;i; Fir"ode_500680 The Section officer, O.S. Section, *igh corrt toitr,rl-sLr-" o*f"ietangana at Hyderabad.
One-CC to SJi J. Sreenadh Reddy, Counsel for Official Liquidator, High Court for the Stqje of Telagnana at Hyderabad. tOpUCl Two CD Copies One Spare Copy 6.
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HIGH COURT DATED: 3111212021 HE ST4 fl:
q J3 13 rrAY 2022 .() *
ORDER
o6,SP/rTCdt.Cl COMPANY AP PLICATION. No.430 of 202'l IN R.C.C.No.6 of 1999 ORDERING THE COMPANY APPLICATION @X.r"