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High Court for State of TelanganaCOMPA/425/2018ordered

M. Tayaramma, v. M/S Vijetha Agrofarrns (India) Ltd.,(In Liquidation)

2018-07-18Challa Kodanda Ram1 pages

THE HON'BLE SRI JUSTICE CHALLA KODANDA RAM COMPANY APPLICATION No. 425 of 2018 IN COMPANY PETITON No. 128 OF 2005 O R D E R:

This Application has been filed under Section 457(3) of the Indian Companies Act 1956 and Rule 9 of the Companies (Court) Rules, 1959, seeking a direction to the Official Liquidator to allow the proof of debt to file before him, after the claim notice was published, to release the sum of Rs.6,05,000/- along with interest, which accrued as per the calculation memo filed, to the petitioner. Heard the learned counsel for the petitioner. The Company Application is premature. Therefore, the Company Application is closed, with a liberty to the petitioner to approach the appropriate forum after issuance of the notification calling for claimants. There shall be no order as to costs. ____________________________ CHALLA KODANDA RAM, J Date:18.07.2018 Ssv