M/S.Turbo Bharat Ltd., (In Liqn) v. No Respondent
This judgment came from a scanned document and its text layer is unreliable — words may be garbled. Check the original PDF before relying on any passage.
IN THE HIGH COURT FOR THE STATE OF TELANGANA
AT HYDERABAD FRIDAY, THE THIRTY FIRST DAY OF DECEMBER, TWO THOUSAND AND TWENTY ONE PRESENT THE HONOURABLE SRI JUSTICE T. VINOD KUMAR COIMPANY APPLTCATTON NO.555 0F 2021 IN c.P. No.1s1 OF 2009
IN THE IVIATTER OF THE COMPANIES ACT, 1956
AND
IN THE MATTER OF M/s. TURBO BHARAT LIMITED ( In 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 i. Take the audated half-yearly accounts for the periods from (1) 01.10.2020 to 31.03.2021 along with Auditors' Report dated 28.09.2021 submitted on 30.09.2021 by M/s. KBS & Associates, Chartered Accountants on record and permission be accorded to make payment of audit fee; ii. 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 affidavit dated 30-11-2021 filed 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 :
I I I
THE HON'BLE SRI JUSTICE T, VINOD KUMAR PAN APPLICATI ONN .555 o ORDER:
This company Apprication is fired by the Assistant officiar Liquidator under section 462 of the companies Act, 1956 read with Rure 306 of the Company (Court) Rules, 19S9 to take on record the half_yearly accounts along with the auditors' reports of M/s. KBS & Associates, 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 harf-yearry accounts and the auditors' reports are taken on fire. * _This 9oTryll$_pll"rion is ordered accordingty. Sd/.M.SANTHI VARDHANI //TRUE COPY// JO|NT RrctsTRAR To The officiatLiquidator, M/s Turbo Btrarat Limited (in . r" , j::$r:::l:tfi :'fiii'ii.ixT}),"8?li;iltllti:::,i{:[+#:r-u'ffi 'en",,nn"n,, rhe Resistrai or co,;;"i". 'nri""i.i,ry'i'3il1:";Hff;'110"3;r"o;"", ", ,.0,", 2"" Froor' corporate Bhawan Nasore, a""orlirJ" 'in.itiai#am vrrrage, i;Ji:lil'"I,^3il:il, iT,:; E=t.', o"t'i't itr,nsunu d"i""pi^ code-500 680 r-roor, corporate Bhawan. N"o"l:t"jl Region' Ministry of corporate 4612;15, 3;J -'
ii:ur*'*,,tlt.urli'ilgif :j:ixl[1H"siJ,#I;3:;;;;;,, Hyderabad.
) High Court for the State of Telangana at 5.
counser ror orriciar Liquidator' Hish court ror o7.
Kj ff;t#!#jilfi:Ttfi:ddv'
l'4'z-
HIGH COURT DATED:31/1212021
ORDER
COMPANY APPLICATION No.555 of 2021 IN C.P.No.151 of 2009 1t{E STA oo 2 g iiAn 202 * Ordering the C.A.