B.SESHASAYANA REDDY COMPANY APLICATION No. 141 of 2011 · Andhra Pradesh High Court
Case at a glance
Outcome
Allowed
Accordingly, the company application is allowed
Provisions considered
- Companies Act, 2013 s. 462
Judgment
ORDER This is an application filed under Section 462 of the Companies Act, 1956 read with Rules 306 and 298 of the Companies Court Rules, 1959, by the Official Liquidator attached to this Court acting as Liquidator of M/s.Malwala Oils Limited (in liquidation), seeking to condone the delay of 493 days in filing the half yearly accounts along with audit report for the period from 1-10-2008 to 31-3-2009 of the above named Company (in liquidation); to take the half yearly accounts on record and permit the Official Liquidator to pay the balance audit fee to the auditors. Along with the application, the Auditor’s Report, dated
Operative part
5.2.2010 submitted by Murthy & Kanth, Chartered Accountants, the affidavit of the Official Liquidator verifying the account and the statement of account are also enclosed. On perusing the documents placed on record and affidavit filed in support of the application, delay of 493 days in filing the half yearly accounts is condoned and the half year accounts submitted in respect of M/s.Malwala Oils Limited (in liquidation) is hereby approved. The Official Liquidator is permitted to pay the balance audit fee to the auditors. Accordingly, the company application is allowed. No costs. Dated: 14-09-2011 __________________________ B.SESHASAYANA REDDY,J
Questions this judgment answers
What did the Court decide in this case?
The Court recorded the following disposition: Accordingly, the company application is allowed
Which statutory provisions did this judgment involve?
Companies Act, 2013 — s. 462.
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.