THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.271 of 2011 Date:06th September, 2011 M/s. Sri Jagannatha Strips Ltd. (in liquidation) rep. by the Official Liquidator, High Court of A.P., Hyderabad. …Applicant *** THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.271 of 2011 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. Sri Jagannatha Strips Ltd. (in liquidation), seeking to condone the delay of 670 days in filing the half yearly accounts along with audit report for the period from 01.04.2008 to 30.09.2008 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 17.01.2011, submitted by Murthy & Kanth, Chartered Accountants, the affidavit of the Official Liquidator verifying the account and the statement of account are also enclosed. 2. On perusing the documents placed on record and affidavit filed in support of the application, delay of 670 days in filing the half yearly accounts is condoned and the half yearly accounts submitted in respect of M/s. Sri Jagannatha Strips Ltd. (in liquidation) is hereby approved. The Official Liquidator is permitted to pay the balance audit fee to the auditors. As per the report of the auditors, receipts and payments placed on record by the Official Liquidator are true and correct. 3. Accordingly, the Company Application is allowed. No costs. _____________________ B.SESHASAYANA REDDY, J Date:06th September, 2011. cs