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High Court for State of TelanganaCOMPA/184/2023ordered

M/S.Itc Agrotech Finance And Investments Ltd., (In Liqn) v. No Respondent

2023-12-16T.Vinod Kumar4 pages

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IN TI{E HIGH COURT I]OR THE STATE OF TELANGANA AT HYDERABAD SATURDAY,'IHE SIXI'EENI'H DAY OF DE,CEMBER, TWO THOUSAND AND TWENTY THRDE PRESENT THE HONOURABLB SRI JUSTICE T. VINOD KUMAR COMPANY APPLICATION No.184 of 2023 IN CP No.4 of 1999 .

IN THE MATTER OF THE COMPANIES ACT, 1956

AND lN THE MATTBR OF M/s.ITC Agrotech Finance & Invcstments Ltd ( In Liqn.) Betwcen:

The Olficial I-iquidator, For the State of 'felangana and the State of Andhra Pradcsh, at I-iyderabad.

APPLICANT Company Application Undcr Section 462 of the Companies Act, 1956 read with Rule 298 and Rule 306 of the Companies (Court) Rules, I959 praying that this Hon'ble Court may be pleased to i.

Take the audited half-yearly accounts for the periods lrom 01.10.2021 to 31.03.2022 along with Auditor Report dated 09.02.2023 submitted on 20.02.2023 by M/s.Murthy & Kanth, Chartered Accountants on record and permission be accorded to tnake 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 il lunds are not available in company.

This Company Application coming on for orders and upon reading the Company Application and the affidavit dated 30-09-2023 filed by Sri Uttam Kumar Sahoo, Official Liquidator in support of the Company Apptication and upon hearing the arguments of Sri. J. Srinadh Reddy, leamed counsel foi the Official I-iquidator for the Applicant. The Court made the following ORDER :

THE HON'BLE SRI JUSTICE T. VINOD KUMAR COMPANY APPLICATION No.l84 of 2023 ORDER:

This Company Application is filed by the Official Liquidator under Section 462 of the Companies Act, 1956 read with Rute 306 of the Company (Court) Rules, 1959 to take on record the half-yeally accounts along with the Auditor reports of tWs.Murthy & Kanth Chartered Accountants of the company in liquidation Perused the Auditor's Report with the assistance of S ri 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/-B.S. CHIRANJE //TRUE COPY// JOINT REGIST R SECTION OFFICER To The officiar Liquidator. tvr/s .rrc Agrotech Finance & rnvestments Ltd., fln Liqn.). High Court at i{vderaP.ad i;iih;;ili;;;"ietrngan" office at i"r floor .Corporate Bhawbn, Nagobj' br"oiiiro", Thutti"nn"r", Viilaoe H-ayath nasa r Mandat, n"h ga R-"tdy D,'';i;i-i;#s, ;, Si;i;;;i;'c"d;,;B; 680.

The Regiqtrar of companies, Ministry of corporate Affairs, Government of .ll9i, :l'floor Corporate Bhawan, it"s"L: E;;;;guia, rnattiannaram vjltaqe la11tfr1asar Mandat, Ransa REaJy oairi"t]iurr"sana State Pin Code 500 680.

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4. The S O O'S Section' High Court at Hyderabad' for the State of Telangana'

5. Two C.D'CoPies One CC to Sri J' Srinadh Reddy' Counsel for Official Liquidator' High Court at Hyderabad'

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I HIGH COURT DATED 16-12-2023 ir ,;

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ORDER

COMPANY APPLICATION NO. 184 of 2O2A IN CP.No.4 of 1999 OROERING THE COMPANY APPLICATION rq\g\+t Jr'