Telangana High Court

COMPA/202/2025 of M/s. REIL Products Limited (in liqn) Vs No Respondent on 22 September 2025

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COURT FOR THE STATE OF TELANGANA AT HYDERABAD IMONDAY, THE TWENTY SECOND DAY OF SEPTEMBER TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE K.LAKSHMAN COMPANY APPLICATION NO.2O2 OF 2025 IN R.C.C.No.13 of 2000 In the matter of the Companies Act, 1956 And ln the matter of M/s REIL

IN THE HIGH COURT FOR THE STATE OF TELANGANA

AT HYDERABAD

IMONDAY,THE TWENTY SECOND DAY OF SEPTEMBER

TWO THOUSAND AND TWENTY FIVE

PRESENT

THE HONOURABLE SRI JUSTICE K.LAKSHMAN

COMPANY APPLICATION NO.2O2 OF 2025

IN

R.C.C.No.13 of 2000

In the matter of the Companies Act, 1956

And

ln the matter of M/s REIL products Limited (in.Liqn)

The Official Liquidator, attached to the Hon'ble High Court of Telangana, and Andhra Pradesh, 1st floor, Corporate Bhawan, Bandlaguda, Nagole, HyderaOiO_OIOJfBUO*, Application Under Section 462 of 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 :

take the half-yearly accounts of the subject company (in Iiquidation) for the period from 01.10.2023 to 31.03.2024, along with lndependent Auditors' Report dated 31.05.2025 submitted on 09.06.2025 by M/s KBS. & Associates, Chartered Accountants on record and permission may be accorded to make the payment of audit fee of Rs.500A 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, subject to reimbursement of the same from the funds of Company (in liqn) upon realization of assets of the Company (in liqn), if any.

This application coming on for orders, upon reading the Judge's summons and the affidavit dated 01.O8.2O25 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.Sreenath Reddy, Advocate for the Official Liquidator/Applican t.

The Court made the following: ORDER

.

THE HONOURABLE SRI JUSTICE K. LAKS I{MAN

COMPANY APPLICATION No. 202 of ,',1 25

tn R.C.C.No. ll of 2000

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ORDER:

Heard Sri J.Sreenath Reddy, learned counsel f ,r the Officiai Liquidator.

2. Having satisfied with the reasons mentioned ir he supporting affidavit, and upon considering the half-yearly accour s filed by the leamed Official Liquidator, this application is orrl red with the following:-

a. The half-yearly accounts of the subject Compar y, which is in liquidation for the period fiom 01 . 10.2023 to 3 I .r 3.2024, along with the Auditor's Report dated 31.05.2025 submitted on 09.06.2025 by M/s KBS & Associates, Chartertr Accountants, are taken on record

b. Permission is accorded to the leamed Official Lir uidator to pay an audit fee of Rs.500/- plus GST to the Audilor

c. Permission is also accorded to the leamed Offi< ial Liquidator to make the said payment fiom the availabl: funds of the Company (in liquidation), or from the Estate ancl lstablishment Fund account if no fund is available in the Comp ny's account, subject to reimbursement from the funds of Sompany (in liquidation) upon realization of its assets SD/. K. SHYLESHI \ OINT REGISTRAR //TRUE COPY// ;ECTION OFFICER

To,

1. The Official Liouidator, M/s REIL Products Lrmt (in Lirl ) Office at 1st floor,

Corporate Bhawan, Bandiaouda, Naoole. Hvderabad. The Registrar of CompanieS, -lvlinistr! of Coiporate Affairs, Government of tndra,. Government of lndia, 2'. Floor, Corporate Bhawan, Nagole, P?nqlaglda, Thattiannarama Vi age, Hayath nagar tr/anO'jl, Rlng'" n"aOy District, Telangana State pin Code-500 0'6g J[e_[eOioral Director_ South Eastern Region, lvlinistry of Corporate Affairs, J'- r-roor, Uorporate Bhawan, Nagole, Bandlaouda, Thattiannaram Villaoe. Hayathnagar Mandal. Ranga Reddy District, Telangana State pin CoadSOO

The Section Officer, O.S.Section, High Court of Hyderabad for the State of Telangana One CC to Sri J.Sreenath Redd.y, Advocate for Official Liquidator, High Court for the State of Telangana(OPUC) Two CD Copies I

6. Ks/sa

t \ HIGH COURT DATED:2210912025

ORDER

COMPA.No.202 ot 2025 IN R.C.C.No.13 of 2000 \ ) 7t.- lHE I) ,A t

,'l+. \*\?Fsonr \_: 1 .',i C) .\ )tt?l * Ordering the Company Application. q

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