Judgment · High Court

The Official Liquidator, attached to the Honorable 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 Rules 298 and Rule 306 of the Companies (Court) Rules, 1959 praying that this Court may be pleased to: i) ii) take the half-yearly accounts of the sub.ject company (in liquidation) for the period from 01. 10.2022 to 31 .03.2023, along with lndependent Auditors Report dated 13 12.2024 submitted on 16.12.2024 by M/s. Padmanabha Rao and Co., Chartered- Accountants on record and permission may be accorded to make the payment of audit fee of Rs.500l plus GST to the said auditor. cost of this hpplication (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 companys account. This application coming on for orders, upon reading the Judge's summons and the affidavit daled 27.O1.2O25 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 HOIT'BLE SRI JUSTICE K. LAKSHMAN GOMPANY APPLICA TION No.48 of2026 IN C.P.No.187 of2Ol2 ORAL ORDER: This Cornpany Application is filed under Sect.ion 462 of the C)ompanies Act, 1956 read with Rules 29g amd 306 of the Oompzmies (Court) Rules, 1959, to take the half_ yearly accounts of the subject company (in liquidation for the perioci fr, rm 01.1O.2o22 to 31.03.2O23, alorrg with Independent Auditors, Report, dated 13.1r,r..2024, submittr:d on 16. 12.2024 by M/s. padmanabha Rao & Co., Charterel Accountants on record and perrnission may be accorled to make the payment of audit fee of Rs.50O/ plus GST to the said auditor.

#2. Perused the auditors, report, dated 13. L2.2O2+ witin the assistalce of Sri J. Srinadh Reddy, learned cr:)unsel for the C,fficial Liquidator and having satisfied, the same is taken on rer:ord. Therefore, this application is allowed I I I l t \ t COMPA.No.48 of 2025 K 2 taking the half-yearly accounts of the subject company for the period from 01.1O.2O22 to 31.03.2023 along with the auditors' report on record and permission is accorded to the Official Liquidator to make the payment of audit fee of Rs.5O0/- plus GST to the auditor and cost of the application be met from the available funds of the Company (in liquidation). There shall be no order as to costs. As a sequel thereto, miscellaneous petitions, if any, pending in the Company application shall stand closed' SD/- C.V. MALL]KARJUNA VARMA JOINT REGISTRAR //TRUE COPY// SECTION OFFICER -,] / To, 1'TheofficialLiquidator,M/s.LakshmanPaperMillsPrivateLimited.,officeat 1st floor, Corporate Bhawan, Bandlaguda, Nagole, Hyderabad f00068 -. -, 2. The Registrar of Companies, ttlinistry of Corporate Affairs' Government or - lnOL )fr loor. Corporate Bhawan' Nagole, Bandlaguda' Thattiannaram Village Hayathnagar Mandal, Ranga Reddy District' Telangana State Pin Code 500 680. 3. The Regional Director, South Eastern Reglon ' Ministry of Corporate - A+;i;,-4il- fioor Corporate Bhawan, Nagole, Bandlaguda' Thattiannaram Village Hayathnagar lvtandal, Ranga RLddy Dlstrict Telangana State' Pin cod;5oo 680. 4. The S.O O.S. Section, High Court at Hyderabad, for the State of Telangana' 5. One CC to Sri J. Srinadi Reddy, Cojnsel for Official Liquidator, High Court for at HYderabad [OPUC]

#6. Two CD CoPies DL/gh HIGH COURT DATED:1110311tO25 I,ETFo e a (!. \$ .+l l1 i./ ORDER H COMPANY APPLICATII) N No. 48 of 2025 IN COMPANY PETITION l,l O: 187 OF 2012 ALLOWNG THE APPLI()ATION ,4 )U 5