IN THE HIGH COURT OF JUDICATURE AT HYDERABAD FOR THE STATE OF TELANCANA AND THE STATE OF ANDHRA PRADESH (ORIGINAL JUI{ISDICTION) TUESDAY, THE EICI,ITEENTH DAY OF OCTOBER, TWO THOUSAND AND EIGHTEEN :PRF-SENT: THE HON'BLE SRI JUSTICE CI{ALLA KODANDA RAN'I COMPANY APPLICATION No. 222 OF 2018 IN COMPANY PETITION NO. 67 OF I999 IN THE MATTER OF COMPANIES ACT. I956 AND IN THE MATTER OF M/S. SUNRISE OLEO CHEM]CALS LTD., (IN LIQN.) Between: M/s. Sunrise Oleo C}renlicals Ltd., (ln liqn.), rep. by the Ollicial Liquidator, High Court of Andhra Pradesh, Hyderabacl Applicant AND I Mis. Reliance Asset Reconstruction Co. Ltd., Reliance Centre , North Wing, 6tl' Floor, Off Westem Express Highway, S.rntacruz (East), Mumbai-400055, rep. by its Vice President. 2 State Bank of India (SBB & J), Hyderabacl, l0l, First Floor, Rajbhavan Road, Hyderabad, rep. by its Branch Manager. . . . Respondcnts Company Application under Section 456, 457 ( l) (c) of tlre Companics Act, 1956 r/w Rules 9 and I I (b) of the Companies (Court) Rules, I 959 praying that in the circurnstances stated in the affidavit of the Otficial Liquidator, the High Court may be pleased to; i. Direct the first respondent not to proceetl tbr sale against assets/landed property together with Structurcs of thc cornpany (in liquidation) situated at Yawapur Village, Sadasivapet Mandal, Mcdak District under SARFAESI Act,2002; 11. Direct the respondent Nos. I & 2 to conduct the joint suney ra'ith Covernmcnt Surveyor of Revenue Departlllcrlt rnd suburit the reporl of thc total land in an extent ol Ac. 32.37gts & stnlctures in Survey Nos. 3/1, 4ll,5;1,111,312,412, 912,6lU and to fix the boundary stones/fence as Two Bits/Two lots by dividing them separately i.e. i) Land consisting ofAc. 25.00 Gts were tnofigaged to first respondent/M/s. Reliar.rce Asset Roconstruction Co. Ltd., and (ii) balance land to an extelit of Ac. 7.37 gts to the second respondcnt/State Bank of Bikaner & Jaipur; and 111. Order tl.re costs of this application do come out olthe assets of the company; COUNSEL FOR THE APPLICANT: COUNSEL FOR RESPONDENT NO. I Sri M. Anil Kumar Sri Arnbadipudi Satyanarayana The Court madc thc fbllowing ORDER: "The interim order granted on 02-05-201tt is hercbl, cxtcnded until furthcr Sd/- .I"\/EN I{AI'ES\\'AR JOINT GIST IL orders. Post on l2- l0-20 18." ,TI{IJI COPY// SECTION OFFICER To 1. The Vice President, M/s. Reliance Asset Reconstruction Co. Ltd., North Wing, 6'l' Floor, Off Westem Express Highway, Santacruz 400055. 2. The Branch Manager, State Bank of India (SBB & J), llyderabad, Rajbhavan Road, Hyrierabad. 3. One CC to Sri M. Anil Kumar, Ol'ficial Liquidator, High Coufi Hyderabad 4. One CC to Sri Ambadipudi Satyanarayana, Advocate (OPUC) 5. One spare copy. Reliance Cer.rtre, (East), Mumbai- l0l, First Floor, of J uclicaturc at CKR,J NOTE: POST ON l2-10-2018 ORDER I.-\TEN I)I\G 1'I I T- I\'I'I.-RI\I oIiI)I1It IIICH COURT DATE: l8-09-2()ltl c.A. NO. 222 0F 2018 IN c.P. NO.67 0F r999 K4 r' i# s ,$