Telangana High Court
COMPA/272/2025 of M/s. Targof Pure DrugsLimited.(in liqn) Vs No Respondent on 22 September 2025
IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD MONDAY, THE TWENTY SECOND DAY OF SEPTEMBER TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE K.LAKSHMAN COMPANY APPLICATION NO:.272 OF 2025 IN C.P.No. 164 of 2004 ln the matter of the Companies Act, 1956 And In the matter of
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IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD
MONDAY,THE TWENTY SECOND DAY OF SEPTEMBER
TWO THOUSAND AND TWENTY FIVE
PRESENT
THE HONOURABLE SRI JUSTICE K.LAKSHMAN
COMPANY APPLICATION NO:.272 OF 2025
IN
C.P.No. 164 of 2004
ln the matter of the Companies Act, 1956
And
In the matter of M/s Targof Pure Drugs Limited (in liqn)
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 Companies Act, 1956 read with Rule 298
and Rule 306 of the Companies (Court) Rules '1959 praying inrt tf,i" Hon'ble Court may be pleased to :
take the half-yearly accounts of the subject company (in liquidation) for the period from 01 04.2023 to 30.09.2023, 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 UST 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 28.07.2025 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.Sreenath Reddy, Advocate for the Official Liquidator/Applicant.
:Ihe Court made the following: ORDER
:,8"
THE HONOURABLE SRI JUSTICE K. LAII I HMAN
COMPANYAPPLICATION No.272 ol' z t25
ln C.P.No. 164 of2004
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ORDER:
Heard Sri J.Sreenath Reddy, learned counsel I Liquidator.
2. Having satisfied with the reasons mentioned irr affidavit, and upon considering the half-yearly acct,r r learned Official Liquidator, this application is or I following:-
a. The half-yearly accounts of the subject Compz r Iiquidation lor the period from 01.04.2023 to _?(. with the Auditor's Reporr dated 31.05.202,( 09.06-2025 by M/s.KBS & Associates, Charteri:r are taken on record.
b. Permission is accorded to the leamed Ofhcial l_ r an audit fee of Rs.500/- ptus GST to the Auditor
c. Permission is also accorded to the leamed Off r to make the said pa).rnent from the availablt: Company (in liquidation), or from the Estate anc Fund account if no fund is available in the Compr subject to reimbursement from the funds of x the Official Jie supporting ts filed by the :red rvith the 1,, which is in \t 2023, along submitted on Accountants, uidator to pay al I.iquidator funds of the lstablishment ny's account, )ompany (in liquidation) upon realization of its assets. s d J
- B. SATYAVATHI )INT REGISTRAR //TRUE COPY// 1\, idator, M/s Targof Pure Drugs Lim i iECTION OFFTCER ited'( r liqn) Office at 1st erabar 500068 '1, The Na ole, Hyd To, floor. Official Liqu Qqrpqrate Bhary?o..q=e-.!@,rq1 '.
.!
2. The Registrar of Companies, Ministry of Corporate Affairs, Government of lndia, 2no 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 FIoor, 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 TPI(PRw /
HIGH COURT DATED:2210912025
ORDER
COMPA.No,272 of 2025 IN G.P.No. 164 of 2004 ORDERING THE COMPANY APPLICATION ddeA ,r--,-;-1,, 3iii5, 3 1 ti.c titfi {'.r ,. .,_ t"O "6 P,t" I ri ;iI i