✦ Telangana High Court · 19 Jun 2019

Company Application No. 446 of 2001 · The High Court · 2019

Company Application No. 446 of 2001CHALLA KODANDA RAM4 min read

Case at a glance

Provisions considered

Judgment

Between: M/s. Koratla Permanent Fund Limited (In Liqn.), represented by the Official Liquidator, High Court of Andhra Pradesh, Hyderabad. AND Complainant

1.

Sri Chandra Shakher, S/o. Rajesham, H. No. 8-2-6931218, Bailara Hills, Road No. 12, Hyderabad.

2.

Sri K. Prabhakar, H. No. 6-3-57, Market Road, Jagitial, Karimangar District.

3.

Sri P. Ramesh Babu, H. No. 2-1-98, I.B. Road, Koratla, Karimngar District. (Case split up dated 28-02-2006 C.A. No. 1 550 of 2006)

4.

Sri P. Anjaiah, H. No. l2-13-665, Nagarjuna Nagar, Tarnaka, Hyderabad. (Died) (Prosecution stood abated as per C.O. dated 2l-07-2010)

5.

Sri Rajalingam, Near: Telephone Exchange, Metpally-5 05 3 27, Karimnagar District.

6.

Sri C. Rajabhoomaiah, H. No. 5-2-14611, Koratla, Karimnagar District.

7.

Sri C. Ganesham, Opp: Bus Depot, Koratla, Karimangar District.

8.

Sri K. Lakshminarayana, Opp: Br.rs Depot, Koratla, Karirnnagar District.

9.

Sri G. Devaiah, H. No. 1-1-8A, Mohanraopet, Koratla, Karimnagar Distlict.

10.

Sri M. Ashok Kumar, Nachapally, M.L. Kodmail, I(arimnagar District. I 1 . Sri K. Shankaraiah, H. No. 6-3-51 . Padmanagar', Jagtial, Karimngar District. 12. Sri M.S.V. Ramana Murthy, Chartered Accountant, Mehgal Apartments, Flat No. 3 02, Basheerbagh, Hyderabad. (Rl2 is impleaded as per. Court order dated: 06-06-2002 in C.A. No. 40 of 2002) . . . Accused To No. '12, Hyderabad. l. Sri Chandra Shakher, S/o. Rajesham, H. No. 8-2-69312/8, Banlara Hills, Road

2. Sri K. Prabhakar, H. No. 6-3-57, Market Road, Jagitial, Karimangar District. 3. Sri P. Ramesh Babu, H. No. 2-1-98, I.B. Road, Koralia, Karimngar. District. (Case split up dated 28-02-2006 C.A. No. 1550 of2006)

4. Sri Rajalingam, Near: Telephone Exchange, Metpally-5053 27, Karimnagar District.

5. Sri C. Rajabhoonraiah, H. No..5-2-14611. Koratla, Karimnagar District. 6. Sri C. Ganesham, Opp: Bus Depot, Koratla, Karimangar District. 7. Sri K. Lakshminarayana, Opp: Bus Depot, Koratla, Karimnagar District. 8. Sri G. Devaiah, H. No. I - 1-8A, Mohanraopet, Koratla, Kalimuagar District. 9. Sri M. Ashok Kumar, Nachapally, M.L. Kodmail, Karimnagar District. 10. Sri K. Shankaraiah, H. No. 6-3-51, Padmanagar, Jagl!al, Karimngar District. ' I l. Sri M.S.V. Ramana Mu(hy, Charlered Accountant, Mehgal Apartments, Flat No. 302, Basheerbagh, Hyderabad. Whereas your attendance is necessary to answer to a charge under Order 454 (5) & (5A) of the Companies Act, 1956 read with Rule 125 and 132 of the Companies (Court) Rules, 1959, for non compliance of the requirements of sub-section (1) (2)and(3)ofthe Section 454 (5) & 5A of the Companies Act 1956, you are hereby directed to appear in person in the High Court of Telangana, at Hyderabad on the Wednesday lhe Tenth day of July, 2019 (10-07 -2019) at 10.15 A.M., and show cause why you shall not be punished under Section 454 (5) ofthe Companies Act. Herein fail not. To \\ tA JOINT REGISTRAR A- (- r.t'1dl L The Chief Judge, City Civil Court, Hyderabad. (in duplicate along with a copy of Judge's Summons and affidavit for service on the respondents No. 1 & 12 and to return the same on or before 10-07-2019)

2. The District Judge, Karimnagar District, Karimnagar. (in duplicate along with a copy of Judge's Summons and affidavit for service on the respondents No. 2, 3 & 5 to l1 and to return the same on or before 10-07-2019)

3. Sri Chandra Shakher, S/o. Rajesham, H. No. 8-2-69312/8, Barjara Hills, Road No. 12, Hyderabad.

4. Sri K. Prabhakar, H. No. 6-3-57, Market Road, Jagitial, Karimangar District. 5. Sri P. Ramesh Babu, H. No. 2-1-98, I.B. Road, Koratla, Karimngar District. 6. Sri Rajalingam, Near: Telephone Exchange, Metpally-505327, Karimnagar District.

7. Sri C. Rajabhoomaiah, H. No. 5-2-14611, Koratla, Karimnagar District. 8. Sri C. Ganesham, Opp: Bus Dept., Koratla, Karimangar District. 9. Sri K. Lakshminarayana, Opp: Bus Dept., Koratla, Karimnagar District. 10. Sri G. Devaiah, H. No. 1-1-8A, Mohanraopet, Koratla, Karimnagar District. I l. Sri M. Ashok Kumar, Nachapally, M.L. Kodmail, Karimnagar District.

12.

Sri K. Shankaraiah, H. No. 6-3-51, Padmanagar, Jagtial, Karimngar District.

13.

Sri M.S.V. Ramana Murthy, Chartered Accbuntant, Mehgal Apartments, Flat No. 302, Basheerbagh, Hyderabad. (ADDRESSEES 2 TO 13 BY SPEED POSTiBYRPAD with a copy of petition with judges summons and affidavit)

14.

One CC to Sri M. Anil Kumar, counsel for the Official Liquidator, High Court of A.P., Hyderabad 15. One spare copy. .7 HIGH COURT l, CKR,J DATE: 19-6-2019 NOTE: POST OI; l0-(,7-2019 FRESH SUMMONI] c.A. NOS.446 0F 2001 IN c.P. NO. 113 0F 2000 ('\v +

Questions this judgment answers

Which statutory provisions did this judgment involve?

Companies Act, 2013 — ss. 5A, 454(5).

Which court decided this case, and when?

Telangana High Court, on 19 Jun 2019. The bench was CHALLA KODANDA RAM.

Precedent status how later indexed judgments have treated this case

No known negative treatment found in the Courts & Cases corpus.

This is a result about the indexed corpus, not a finding that the judgment remains good law. Coverage may be incomplete.

Why is this linked?

This is the original judgment text, reproduced from the public court record. Always verify it against the official record before relying on it in a filing — check it on Telangana High Court or eCourts case status (search case no. Company Application No. 446 of 2001). ← Search more judgments