Company Application No. 34 of 2025 · High Court
Case at a glance
Provisions considered
- Companies Act, 2013 s. 462
Judgment
IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD FRIDAY, THE FOURTEENTH DAY OF FEBRUARY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE T.VINOD KUMAR COMPANY APPLICATION No. 34 of 2025 IN COMPANY PETITION NO: 67 of 2002 In the matter of the Companies Act, 1956 And ln the matter of M/S. OBAN Finance & lnvestments Limited. (ln Liqn.) Between: The Official Liquidator, attached to the Hon'ble High Court of Telangana and Andhra Pradesh, 1st floor, Corporate Bhawan, Bandlaguda, Nagole, Hyderabad - 500068 ...Applicant Application Under Section 462 of the Companies Act, 1956 read with Rule 298 and Rule 306 of the Companies (Court) Rules, 1959) praying that this Hon'ble Court may be pleased to. i) ii) take the half-yearly accounts of the subject company (in liquidation) for the period from 01 10 2022 to 31 .03.2023, along with Auditors Report dated 01.11 .2024 submitted on 05.11.2024 by ttrl/s KBS and Associates., Chartered Accountants on record and permission may be accorded to make the payment of audit fee of Rs.500/- plus GST to the said auditor. cost of this application (Court fee Stamps and Notary Charges etc.,) may be permitted to be met out by the Official Liquidator from the available funds of the company (in liquidation) or Estate and Establishment Fund account if no fund is available in the company's account.
This application coming on for orders, upon reading the Judge's summons and the affidavit dated 06.1 .2025 filed by Sri Uttam Kumar Sahoo, Official Liquidator attached to the High Court for the State of Telangana, in support of the Company Application and upon hearing the arguments of Sri J. Srinadh Reddy, Counsel for the Official Liquidator for the Applicant. The Court made the following: ORDER THE IION'BLE SRI JTJSTICO T. VINOD KT]]\iIAII (ToMPANY APPLICATION No.34 of 2025 IN C.l'. No.67 of 2002 ORI)ER: This Conrpany Application is filed by the Assistant Official Liquidator undel Section 462 of the Companies Act. I 956 read with Rule 306 rcad with lir8 of the Cornpany (Court) Rutes, 1959 to take on record the half-yearly accounts along rvith the auditors' reports of Nzl/s.KBS & Associates, Char.tered Accountants of the company in liquidation. Perused tlre Ar-rditors' Repofts with the assistance o1'Sri J.Srinadh Reddy, learned counsel tbr the Oft'icial [-icluidator'. 'l'he prayer is accepted. Thc hllt:r,eallv accor.lnts and the auditors' rcports are taken on 1l Ie. \ To, This Cornpany Application is ordclcd accordingly. //TRUE COPY' SD/- M, VIJAYA BHASKER JOINT REGISTRAR TION OFFICER I
The Official Liquidator, M/S. OBAN Finance & lnvestments Limited, Office at 1st floor, Corporate Bhawan, Bandlaguda, Nagole, Hyderabad -500068.
The Registrar of Companies, Ministry of Corporate Affairs, Government of lndia 2nd floor Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Village Hayathnagar Mandal, Ranga Reddy District, Telangana State Pin Code 500 680
The Regionai Director, South Eastern Region, Ministry of Corporate Affairs, 3'd floor Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Village Hayathnagar Mandal, Ranga Reddy District Telangana State, Pin Code 500 680.
The S.O. O.S. Section, High Court at Hyderabad, for the State of Telangana.
One CC to Sri J Srinadh Reddy, Counsel for Official Liquidator, High Court M. DL/gh for at Hyderabad [OPUC]
Two CD Copies -J HIGH COURT DATED:14102t12025 ORDER :::'i.ifG o ,3 t \ 2 a i.i'1 ?tfh .t> t .:;-:-11-r' :;/ COMPANY APPLICATION No. 34 of 2025 IN COMPANY PETITION NO: 67 of 2002 ORDERING THE COMPANY APPLICATION @ / )).
Precedent status how later indexed judgments have treated this case
No known negative treatment found in the Courts & Cases corpus.
This is a result about the indexed corpus, not a finding that the judgment remains good law. Coverage may be incomplete.