APHC010028802025 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI [3311]

(Special Original Jurisdiction)

Thursday, The Thirtieth day of January, Two Thousand Twenty Five Present The Honourable Ms Justice B.S.Bhanumathi Company Application No.01 of 2025 Between:

The Official Liquidator of M/s.Polytechs Organics Limited ...Applicant (in Liqn.), and ----- ...Respondent Counsel for the appellant:

1. T.V.P.Sai Vihari(SC for official liquidator)

Counsel for the respondent:

1.

The Court made the following:

This company application is filed under sections 481,550 and 555 of Companies Act, 1956 r/w rules 281,282 and rule 9 of the Companies (Court)

Rules, 1959 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 liquidation) 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 vide Annexure-M.

iii) dispense with auditing of the half yearly accounts of the company (in liquidation) for the periods from