HON’BLE SRI JUSTICE D.S.R. VARMA AND HON’BLE SRI JUSTICE B.N. RAO NALLA O.S.A.Nos.1 and 2 of 2010 COMMON JUDGMENT : (per Hon’ble Sri Justice D.S.R.Varma) Since the issue involved in both the appeals is one and the same, they are heard together and being disposed of by this common judgment. 2. Heard learned counsel appearing for the appellants as well as the learned counsel appearing for the Official Liquidator. 3. O.S.A.No.1 of 2010 is directed against the order, dated 3.2.2010, in Company Application No.81 of 2008 in Company Petition No.128 of 2005, passed by the learned single Judge of the Company Court. 4. O.S.A.No.2 of 2010 is directed against the order, dated 3.2.2010, in Company Application No.421 of 2008 in Company Petition No.128 of 2005, passed by the learned single Judge of the Company Court. 5. The purport of the impugned order in both the appeals is one and the same. However, for the sake of convenience and ready reference, the impugned order in O.S.A.No.1 of 2010 is extracted hereunder: “The accused who failed to execute the personal bond as directed by this Court on 25.1.2010, is directed to deposit a sum of Rs.5,00,000/- (Five lakh rupees only) with the Registrar (Judicial) by 10.2.2010 failing which, she shall be remanded to custody. The accused is directed to attend the office of the OL regularly and show the properties which she mentioned in the statement of affairs dt.15.01.2010. Though the OL is ready with his witness for evidence, but since the counsel appearing for the accused withdraw the vakalat, the cross-examination of the witness of OL by the accused is deferred. Accused is directed to engage a counsel by the next date of hearing.” 6. From the above, what compelled the learned single Judge to pass the impugned order is explicit and no further elaboration is required. Simply to say, it is only on account of non-compliance of the order passed by the learned single Judge on 25.1.2010, the impugned order came to be passed. 7. Now, it has been represented by the learned counsel appearing for the appellants that due to some unavoidable circumstances, the orders, dated 25.1.2010, passed by the learned single Judge could not be complied within the time. However, the said orders have been complied with by the appellants by executing personal bonds on 9.2.2010 before the Official Liquidator. 8. From the above, it could be seen that there is a delay of about two weeks for compliance of the orders, dated 25.1.2010, passed by the learned single Judge. However, in view of the fact that pursuant to the directions of this Court, the said orders have been complied with subsequently, we are not inclined to view this non-compliance very seriously. Therefore, we deem it appropriate to dispose of these appeals by modifying the impugned orders of the learned single Judge as under: “The appellants herein shall deposit a sum of Rs.50,000/- (Rupees fifty thousand only) each within a period of four weeks from today with the Registrar (Judicial), High Court of Andhra Pradesh, Hyderabad, failing which the appellants shall be remanded to custody. All other conditions imposed by the learned single Judge in the impugned orders shall remain unaltered.” 9. Subject to the above modification, both the appeals are disposed of, at the stage of admission. There shall be no order as to costs. _______________________ JUSTICE D.S.R.VARMA __________________________ JUSTICE B.N.RAO NALLA 02.07.2010. Msr HON’BLE SRI JUSTICE D.S.R. VARMA AND HON’BLE SRI JUSTICE B.N. RAO NALLA O.S.A.Nos.1 and 2 of 2010 02.07.2010 (Msr)