COMPA/251/2025 of M/s.Twin Cities Permanent Fund Limited (in liqn) Vs No Respondent on 22 September 2025

COMPANYAPPLICA TION NO: 251 OF 2025

C.P.Nos. 169 and '183

of 2009

ln the mafter of the Companies Ac( 1956

And

ln the matter of M/s Twin Cities permanent Fund Limited (in liqn)

The official Liquidator, attached to the Hon'ble High court of relanqana. and Andhra Praclesh, 1st floor, Corporate Bhawan, Bandlagud-a, Nagole, Hyder;bad _500068

...APPLICANT

Application Under Section 462 of Companies Act, .t g56 read with Rule 29g and Rule 306 of the companies (court) Rules 19s9 praying that this Hon'ble court may be pleased to :

take the half-yearly accounts of the subject company (in liquidation) 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 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.

ii.

cost of this application (Court fee Stamps and Notary Charges etc.,) may be permitted to be met out by the official Liquidator frorn 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 01.08.2025 filed by Sri Uftam Kumar sahoo, official Liquidator aftached to the High court for the state of relangana, in support of the Company Application and upon hearing the arguments of Sri J.Sreenath Reddy, Advocate for the Official Liquidator/Applicant.

The Court made the following: ORDER

[ 31681

IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAO

MONDAY,THE TWENTY SECOND DAY OF SEPTEMBER

TWO THOUSAND AND TWENTY FIVE

PRESENT

THE HONOURABLE SRI JUSTICE K.LAKSHMAN

IN

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in C.P.Nos.l59 & 183 of2009

Heard Sri J.Sreenath Reddy, leamed counsel F r the Official Liquidator.

2.

Having satisfied with the reasons mentioned in he supporting affidavit, and upon considering the half-yearly accoun s fi1ed by the learned Official Liquidator, this application is or<l red with the following:-

a. The half-yearly accounts of the subject Compar ;,, which is in liquidation for the period from 0l . 10.2023 to 3 I .( 3 .2024, along with the Auditor's Report dated 31.05.2025 submitted on 09.06.2025 by IWs.KBS & Associates, Chartertt Accountants, are taken on record

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

c. Permission is also accorded to the leamed Offr ial Liquidator to make the said payment from the availabl,: funds of the Company (in liquidation), or from the Estate anri lstablishment Fund account if no fund is available in the Comtr .ny's account, subject to reimbursement from the funds of 3ompany (in I,d/- B. SATYAVATHI

JOINT REGISTRAR

//TRUE COPYII

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SECTION OFFICER

To,

'1 . The officiar Liouidator M/s Twin cities permanent F r nd Limited (in riqn), office at 1sr'ftoor corporate an];;,' B;;;iuiroa rrtagote,-iyd"r;6;d 500068

THE HONOURABLE SRI JUSTICE K. LAKS {MAN

COMPANY APPLICATION No. 251 of 1! 25

OR-DER:

liquidation) upon realization of its assets.

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2. The Registrar of Companies, Mini,sJry of Corporate Affairs, Government of lndia, Government of lndia, 2"" Floor, Corporate Bhawan, Nagole, Bandlaguda, Thattiannarama Village, Hayathnagar Mandal, Ranga Reddy District, Telangana State Pin Code-500068

3. The Regional Director, South Eastern Region, Ministry of Corporate Affairs, 3'o Floor, Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Village, Hayathnagar Mandal, Ranga Reddy District, Telangana State Pin Code 500068

4. The Section Officer, O.S.Section, High Court of Hyderabad for the State of Telangana

5. One CC to Sri J.Sreenath Reddy, Advocate for Official Liquidator, High Court for the State of Telangana(OPUC)

6. Two CD Copies

TPK /PR

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DATED:2210912025