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High Court for State of TelanganaCOMPA/51/2022dismissed no costs

M/S. T.V.K.Equity Fund Ltd., (In Liqn) v. No Respondent

2022-09-16T.Vinod Kumar4 pages

IN THE HIGH COURT FOR THE STATE OF TELANGANA

AT HYDERABAD FRIDAY, THE SIXTEENTH DAY OF SEPTEMBER, TWO THOUSAND AND TWENTY TWO PRESENT THE HONOURABLE SRI JUSTICE T. VINOD KUMAR COMPANY APPLICATION NO.51 OF 2022 IN C.P. No.115 OF 2000

IN THE MATTER OF THE COMPANIES ACT, 1956

AND lN THE MATTER OF M/s. T.V.K. Equity Fund Ltd., ( In Liqn.) Between:

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 306 and read with Rule 298 of the Companies (Court) Rules, 1959 praying that this Hon'ble Court may be pleased to i.

Take the audited half-yearly accounts for the periods from (1) 01.04.2021 to 30.09.2021 along with Auditors' Report dated 30.05.2022 submitted on 08.06.2022 by M/s. KBS & Associates, Chartered Accountants on record and permission be accorded to make payment of audit fee;

ii.

Order that the cost of this application and any miscellaneous expenses do come out of the funds of the company or Estate and Establishment Fund if funds are not available in company.

This Company Application coming on for orders upon reading the Company Application and the affidavit dated 13-07-2022 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 :

THE HON'BLE SRI JUSTICE T. VINOD KUMAR COMPANY APPLICATION No.51 of 2022 ORDER:

This Company Application is filed by the Assistant Official Liquidator under Section 462 of the Companies Act, 1956 read with Rule 306 of the Company (Court) Rules, 1959 to take on record the half-yearly accounts along with the auditors' reports of M/s. KBS & Associates, 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. __________________ T. VINOD KUMAR, J Date: 16.09.2022 MRKR

THE HONOURABLE SRI JUSTICE T. VINOD KUMAR COMPANY APPLICATION NO.51 OF 2022 16.09.2022 MRKR