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High Court for State of TelanganaCOMPA/189/2022ordered

M/S. Neeraj Petrochemicals Limited (In Liqn) v. No Respondent

2022-12-30T.Vinod Kumar3 pages

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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 APPLICATION NO: 18I OF 2022 IN c. P No. 68 OF 1994 E Rcc ruo.r oF 2ooo

IN THE MATTER OF THE COMPANIES ACT, 1956

AND lN THE MATTER OF M/s. Neeraj Petrochemicals Ltd., (ln 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, 1959 praying that this Hon'ble Court may be pleased to l. Take the half-yearly accounts for the period f.om 01-04-2021 to 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 to make payment of audit fee; I ll. 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 if Funds are not available in company.

This Company Application coming on for orders upon reading the Company Application and the affrdavit dated: 08.08.2022 fied by Sri. Kolakaluri Aravind, Asst. Official Liquidator in support of the Company Application and upon hearing the arguments of Sri. J. Srinadh Reddy, learned Counsel for the Official Liquidator for The Applicant.

The Court made the following: ORDER

THE HON.BLE SRIJUSTICE T. VINOD KUMAR COMpANy AppL|CATION No.i89 of 2022 ORDER'

This Company Application is filed by the Assistant Officiat Liquidator under Section 462 ot the Companies Act, 1g56 read with Rule 306 of the Company (Court) Rules, 1959 to take on record the half-yearry accounts arong with the auditors' reports of M/s. padmanabha Rao & Co., Chartered Accountants of the company in liquidation. Perused the Auditors, Reports with the assistance of Sri 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 I I This Company Application is ordered accordingly I SD/. M. VIJAYA BHASKAR //rRUE coPY// JolffiOtSrnen SECTION OFFICER To,

1. The Official Liquidator, M/s, Neraj Petro Chemicals Limited(ln Liqn) Office at 1'' floor Corporate Bhavan, Nagole, Bandlaguda Thattiannaram Village Hayathnagar Mandal, Ranaga Reddy Distric, Telangana State Pin Code 500

2. The Reqistrar of Compaines, Ministry of Corporate Affairs, Government of lndia 2nd floor Corpordte Bhawan, N6gole, Bbndlaguda, Thattiannaram Village Hayathnagar Mandal, Ranga Reddy District, Telangana State Pin Code 500

3. The Regional Director, South Eastern Region, Ministry of Corporate Affairs, 3'" Floor Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Village Hayathnagar Mandal, Ranga Reddy District Telangana State Pin Code 500

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

5. One CC to Sri. J. Sreenadh Reddy, Counsel for Offrcial Liquidator, High Court for the state of Telangana at Hyderabad.

6. Two CD Copies TJ As\x

HIGH COURT DATED:3011212022 i t_1 co tI ttB i']t

ORDER

COMPANY APPLICATION NO: 189 OF 2022 IN C.P. No. 68 OF 1994 & RCC No.11 OF 2000 COMPANY APPLICATION IS ORDERED \N)/