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High Court for State of TelanganaCOMPA/191/2022ordered

M/S. Nagarjuna Finance Ltd., v. No Respondent

2022-12-30T.Vinod Kumar3 pages

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I [ 3166 ]

IN THE HIGH COURT FOR THE STATE OF TELANGANA

AT HYDERABAD FRIDAY, THE THIRTIETH DAY OF DECEMBER TWO THOUSAND AND TWENTY TWO PRESENT THE HONOURABLE SRI JUSTICE T.VINOD KUMAR coMPANY APPL. lN COMPANY PETITION NO: 191 OF 2022 IN C.P. No. OF 2004

IN THE MATTER OF THE COMPANIES ACT, 1956

ANO lN THE MATTER OF M/s. Nagarjuna Finance Ltd., (tn 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, 19S9 praying that this Hon'ble Court may be pleased to Take the half-yearly accounts for the periods from 01 .04.2021 lo 30.09.2021 along with Auditors' Report dated 19.05.2022 submitted on 30.05.2022 by M/s. Padmanabha Rao & Co., Chartered Accountants on record and permission be accorded kto make payment of audit fee; Order that the cost of this application and miscellaneous expenses do il.

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: 08.08.2022 filed by Sri. Kotakaluri Aravind, Asst. Official Liquidator in support of the Company Application and upon hearing the arguments of Sir. J. Srinadh Reddy, learned counsel for the Official Liquidator for the Applicant.

The Court made the following ORDER:

THI HON'BLE SRIJUSTICE T. VINOD KIJMAR COMPANY APPLICATION No.191 of 2022

ORDER

This Cor rpany Application is filed by the r\ ssistant Official Liquidator unde'Section 462 of the Companies Ac, 1glj6 read with Rule 306 of the Company (Court) Rules, 1959 to tal:ei on record the half-yearly accor rnts along with the auditors' reports of r\4/s. padmanabha Rao & Co., Chartt red Accountants of the company in liqu dation Perused tt e Auditors' Reports with the assistanc: ,of Slri J.Srinadh Reddy, learned counsel for the Official Liquidator The prayer is accepted. The hr rlf-yearly accounts and the auditors' rer5lorls are taken on file.

This Comp rny Application is ordered accordingly sD/-M. \/UAYAPSA?[ [ //TRUE COPY// ( I:

SI:CTION OFFICER To, 1 . The oFficial Lic uidator, M/s. Nagariuna Finance Limited (ln l-.ir1n). 3ffice at 1 st ' fffi drp-rt€ Bhawan, Nagole, Bandlaguda-Thattiannara"t Villaqe - - - i:rlrvrtniiSgii l\ "noiL, nrngi nebdv oistiict, Telangana stirrt' Pirr code 500 z iil Reoistrar r ,f Companies, Ministry of Corporate Affairs, li':rvernment of - rnOi. );d rroo, (;orpordte Bhawan, Nagole, Bandlaguda, Th;tltlanrrnaram viiilg" Fl"yrth,'idar rtrinoat, Ranga Reddy Districl, Telancerrra State Pin Code 500 680 : in. n.ofunrit,irector, South Eastern Region, Ministry of C c'rportrte-.Affairs' " iidlf itr"Corpoi are ehiwan, Nagote, Bandlag_uda, Thattianr aram Village_ - _ HavrGnigr? N inoit, nanga R6day District Telangana Sta t: Pic Code 500 +. ine Section Ol 'icer, O.S. Section, High Court for the State :f Telangana at Hyderabad.

s. bire CC to Sri MR J Srinadha Reddy Counset for Official t iquidator, High Court for the Srate of Telangana at Hyderabad.

6. Two CD Copie:

TJ J

\ \ HIGH COUF T DATED:3011212022

ORDER

COMPA.No.'91 of 2022 ' IHt: .

ll ' ,Uli - - | ,t:i , ORDERING T HE COMPANY APPLICATIC N n t l't,-l 1-1