High Court of Andhra Pradesh · 2025-01-29
COMPA/1/2025 of The Official Liquidator of M/s.Polytechs Organics Limited (In Liqn.), Vs NIL
- Citation / case number
- APHC010028802025
- Court
- High Court of Andhra Pradesh
- Petitioner
- COMPA/1/2025 of The Official Liquidator of M/s.Polytechs Organics Limited (In Liqn.),
- Respondent
- NIL
Judgment text excerpt
IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI THURSDAY, THE THIRTIETH DAY OF JANUARY TWO THOUSAND AND TWENTY FIVE PRESENT HONOURABLE MS JUSTICE B S BHANUMATHI COMPANY APPLICATION No.1 of 2025 in RCC No.4 of 1993 In the matter of the Companies Act, 1956 AND In the matter of M/s. Polytechs Organics Limited (In Liqn.) Between: The Official Liquidator of M/s.Polytechs Organics Limited (In Liqn.), Attached to High Court of Telangana and Andhra Pradesh, Floor, Corporate Bhawan, Bandlaguda, Nagole, Hyderabad-500 068. ...APPLICANT Petition under Sections 481, 550 and 555 of the Companies Act, 1956 and read with Rules 281, 282 and 9 of the Companies (Court) Rules, 1959 for dissolution of the company praying the High Court may be pleased to i) form an opinion that the Official Liquidator cannot proceed with the winding up and that it is just and reasonable in the circumstances of the case to order for the dissolution of the company, ii) take on record the half yearly accounts of the Company (In Liqn.) for the periods from 01-10-2022 to 31-03-2023; 01-04-2023 to 30-09- 2023; 01-10-2023 to 31-03-2024: 01-04-2024 to 30-09-2024; 01-10- 2024 to 08-01-2025 as enclosed vide Annexure-“M”. iii) di