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Bombay High CourtCOAP/50/2023disposed of

Goan Riviera Resorts Private Limited (In Liquidation) Thr. Official Liquidator v. No Party

2023-11-09Hon'Ble Shri Justice Prakash D. Naik2 pages

19--COAP-50-2023.DOC Vinita

IN THE HIGH COURT OF BOMBAY AT GOA

COMPANY APPLICATION NO. 50 OF 2023 IN COMPANY PETITION NO.25 OF 2012 GOAN RIVEIRA RESORTS PRIVATE LIMITED (IN LIQUIDATION) THR.

OFFICIAL LIQUIDATOR VS NO PARTY .....Applicant.

.....Respondent.

Ms. A. Razaq, Advocate for the applicant.

CORAM:

PRAKASH D NAIK, J DATED:

9th November 2023 P.C..

1.

This is an application for condonation of delay of 457 days in filing Annual Statement of account before this Court for the period from 1.4.2021 to 31.3.2022.

2.

Paragraph 6 of the application reads as follows:- "6. That the Official Liquidator vide letter dated 01.12.2022 appointed M/s. P. V. Bhandare & Co. Chartered Account for Audit and preparation of Annual statement of Accounts of this company for period 01.04.2019 to 31.03.2022. A copy of letter dated 01.12.2022 is annexed here to and marked as Exhibit "A". The action of official Liquidator appointing M/s. P. V. Bhandare & Co. Chartered Account for preparation of Annual statement of 9th November 2023

19--COAP-50-2023.DOC Accounts is ratify by this Hon'ble Court by an order dated 28.02.2023 passed in Administrative Note No.3 of 2023. Accordingly, after going through the accounts book maintained by the Official Liquidator, M/s. P. V. Bhandare & Co. Chartered Account submitted Annual statement of Account in Form No. 148 in the office of Official Liquidator on 28.6.2023. There is no transaction in this company, even there are no assets in this company, only interest received on FDR are receipt and 30% of interest transferred to Common Pool Fund Account (as per order of this Hon'ble Court) and Central Government Fee on interest of F.D.R. (as per section 451(2) of the Companies Act, 1956 read with Rule 291 of Companies (Court ) Rules 1959) are the withdrawal a copy of Annual Statement of Account in Form No. 148 is annexed and marked as Exhibit 'B'."

3.

For the reasons stated in this application, the delay in filing Annual statement is condoned and the Annual statement is taken on record in terms of prayer clause (b) and marked as "X" for identification.

4.

Application is disposed off.

PRAKASH D NAIK, J.

Date: 2023.11.11 18:36:35 +05'30'

VINITA VIKAS NAIK 9th November 2023