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High Court for State of TelanganaCOMPA/206/2023ordered

M/S.Genius Financial Services Ltd.,(In Liqn) v. No Respondent

2023-12-16T.Vinod Kumar3 pages

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IN THE HIGH COURT FOR THE STATE OF TELANGANA

AT HYDERABAD SATURDAY, THE SIXTEETH DAY OF DECEMBER, TWO THOUSAND AND TWENTY THREE PRESENT THE HONOURABLE SRI JUSTICE T, VINOD KUMAR COMPANY APPLICATION No,206 OF 2023 IN CP. No.85 of 1997 & 108 of 1998

IN THE MATTER OF THE COMPANIES ACT, 1956

AND lN THE MATTER OF M/s. Genius Financial Services Ltd.' ( ln Liqn') Between:

The Official Liquidator, For the State of Telangana and the State of Andhra pradesh, at Hyderabad.

...AppLlcANT Company Application Under Section 462 of the Companies Act, 1956 read with Rule 298 and Rule 306 of the Companies (Court) Rules' 1959 braying that this Hon'ble Court may be pleased to i. Take the audited half-yearly accounts for lhe periods from 01 10'2021 to 31.O3.2O22 along with Audrtors' Report dated Q9.O2 2023 submitted on 20.02.2023 by M/s. Murthy & Kanth . Chartered Accountants on record and permission be accorded lo make paymenl of audit fee; ii. Cost of this application and any mrscellaneous expenses may be permittedtobemetoutbytheofficialLiquidatorfromtheavailablefunds of the company (in liquidation) or Estate and Establishment Fund Account if no fund is available in the company s account' This Company Application coming on for orders upon reading the Company Application and the affidavrt dated 30-09-2023 filed by Sri Uttam Kumar dahoo, Official Liquidator in support of the Company Application and upon hearing the arguments of Sri. J Srinadh tleddy, learned counsel for the Official Liquidator for the Appltcant The Court made the following oRDER :

THE HON'BLE SRI JUSTICE T. VINOD KUMAR COMPANY APPLICATION No.206 of 2023 ORDER:

This Company Application is filed by the Official Liquidator under Section 462 of the Companies Act, I 956 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. Murthy & Kanth., Chartered Accountants of the company in liquidation Perused the Auditors' Reports with the assistance of Sri J.Srinadh Reddy, leamed 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/.C.V. MALLIKARJUNA VARMA JOINT REGISTRAR //TRUE COPY// TO, SECTION OFFICER

1. The Official Liquidator, M/s. Genius Financial Services Ltd., (ln Liqn) Hiqh Court at Hyderabad for the state of Telangana Office at 1'' floor Corporate Bhawan, Nagole, BandlagudaThattiannaram Village Hayathnagar tvlandat, Ranga Reddy District Telangana State Pin Code 500 680.

2. The Registrar of Companies, Ministry of Corporate Affairs, Government of lndia 2nd floor Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Village Hayathnagar Mandal, Ranga Reddy District, Telangana State Pin Code 500 680.

3. The Regional Director, South Eastern Region, Ministry of Corporate Affarrs, 3'd f loor Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Viltage Hayathnagar Mandal, Ranga Reddy District Telangana State Pin Code 500 680.

4 The S.O. O.S. Section, High Cou( at Hyderabad, for the State of Tetangana.

5. One CC to Sri J. Srinadh Reddy, Counsel for Officiat Liquidator, High Court at Hyderabad.

6. Two C.D.Copres nr$

I HIGH COURT DATED: 1611212023

ORDER

t{E S T6 14, COMPANY APPLICATION No. 206 of 2023 IN C.P.NO. 85 of 1997 & 108 1998 q 'J3 07r[32024 \..r I 7',i * ORDERING THE COMPANY APPLICATION @*'8 €o v43il