M/S. Vara Vara Chits Limited (In Liqn) v. No Respondent
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IN THE HIGH COURT FOR THE STATE OF TELANGANA
AT HYDERABAD MONDAY, THE EIGHTEENTH DAY OF DECEMBER TWO THOUSAND AND TWENW FOUR PRESENT THE HONOURABLE JUSTICE MOUSHUMI BHATTACHARYA COMPANY APPLIGATION No. 122 of 2024 COMPANY PETITION NO: 131 of 2000 ln the matter of the Companies Act, 1956 And In the matter of M/s. Vara Vara Chits Limited (in liqn), The Official Liquidator, attached to the Hon'ble High Court df Telangana, and Andhra Pradesh, 1st floor, Corporate Bhawan, Bandlaguda, Nagole, Hyderabad - 500068 .,.APPLICANT Application filled under Section 462 of the Companies Act, 1956 read with Rule 298 and Rule 306 of the Companies (Court) Rules, 1959) Praying that this Hon'ble Court may be pleased to.
i) take the half-yearly accounts of the subject company (in liquidation) for the period from 01.04.2022 to 30.09.2022, along with Auditor Report dated 02.08.2024 submitted on 13.08.2024 by M/s. lVlurthy and Kanth, Chartered Accountants on record.
ii) cost of this application and any miscellaneous expenses may be permitted to be met out by the Official Liquidator from the available funds of the company (in liquidation) or Estate and Establishment Fund Account, if no fund is available in the company's account This application coming on for orders, upon reading the Judge's summons and the affidavit dated 30.10.2024 liled by Sri Uttam Kumar Sahoo, Official Liquidator attached to Telangana High Court in support of the Company Application and upon hearing the arguments of Sri J. Srinadh Reddy, Counsel for the Official Liquidator for the Applicant.
The Gourt made the following: ORDER
THE HON'BLE JUSTICE MOUSHUMI BHATTACHARYA COMPANY APPLICATION NO.L22 OF 2024 COMPAITY PETITIoN NO.131 0F 2()()() Mr. J. Srinadh Re<ldy, learned counsel for the Official Liquidator ORDER:
This Company Application is fiIed by the Off,rcial Liquidator under Section 462 of Lhre Companies Act, 1956 read with Rules 3O6 arrd 298 of the Companies (Court) Rules, 1959 to take on record the Half-Yearly Accounts along with the Auditors' Reports submitted by M/s.Murthy & Kanth, Chartered Accountants of the Company in liquidation.
2.
Perused the Auditors' Reports with the assistance of learned counsel for the C)fhcial Liquidator. The prayer is accepted. The Hatf-Yearly Accounts and the Auditors' Reports are taken cn hle. 3.
This Company Application is ordered accordingly Sd/. C.V. MALLIKARJUNA VARMA JOINT REGIS R I //TRUE COPY// SECTION OFFICER To, The Official LiquicJator, M/s. Vara Vara Chits Limited ' Office at 'lst floor' Corporate Bhawan, Bandlaguda, Nagole, Hy-derabad -500068' ihe Registrar cf t)ompani6s, Ministry of borporate. Affairs' Government of tnola z"t ttoor" Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Vtt"ge Uayrti,nrgrt Mandal, Ranga Reddy District, Telangana State Pin Code 500 680
.; -.-.r, I l l
3. The Regional Director, South Eastern Region, Ministry of Corporate Affairs, 3'd floor Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Village Hayathnagar Mandal, Ranga Reddy District Telangana State, Pin Code 500 680.
4. The S.O. O.S. Section, High Court at Hyderabad, for the State of Telangana.
5. One CC to Sri J. Srinadh Reddy, Counsel for Official Liquidator, High Court for at Hyderabad [OPUC]
6. Two CD Copies / DL/gh /
d HIGH COURT DATED:.I8t12t2024 \ \ \ \ \rE STA f6'
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ORDER
COMPA NY APPLICATION No. 122 of 2024 COMPA NY PETITI ON NO:1 31 of2000 / h /./4 ORDERING THE COMPANY APPLICATION