Telangana High Court

COMPA/247/2025 of M/s. Turbo Bharath Limited(in liqn) Vs Nil on 22 September 2025

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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 APPLIcATloN NO.247 0F 202s IN COMPANY PETITION NO: 151 0F 2009 ln the matter of M/s. Turbo Bharath Limited ( ln Liqn)

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 APPLIcATloN NO.247 0F 202s

IN

COMPANY PETITION NO: 151 0F 2009

ln the matter of M/s. Turbo Bharath Limited ( ln Liqn)

Between:

The.official Liquidator, attached to the Hon'ble High court of relangana, and Andhra Pradesh, 'lst floor, Corporate Bhawan, Bandlaguda, Nagole, HyderSOad -S0006e

...APPLICANT

Company Application Under Section 462 of the Companies Act, read with Rule 298 and Rule 306 of the Companies ( Court ) Rules, 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 01.04.2023 to 30.09.2023, along with tndependent Auditors' Report dated 31.05.2025 submitted on 09.06.2025 by IV/s.

KBS and Associates, 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 application (Court fee Stamps and Notary Charges etc.,) may be permifted 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, and II

This application coming on for orders, upon reading the Judge,s summons and the affidavit dated 28-07 -2o2s fited by sri uttam Kumar Sahoo, official Liquidator attached to the High cou( for the state of relangana, in support of the Company Application and upon hearing the arguments of Sri J.Sreenadh Reddy, Advocate for the Official Liquidator/Applicant.

The Court made the following ORDER:

/

THE HONOURABLE SRI JUSTICE K. t,;T (SHMAN

COM PANYAPPLICATIONNo.247 ot 2025

C.P

o.l5 of

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ORDER:

Liquidator Heard Sri J.Sreenath Reddy, Iearned counsrl for the Official

2. Having satisfied with the reasons mentionecl i the supporting affidavit, and upon considering the half_yearly acccr :rts filed by the leamed Official Liquidator, this following:- application is or, ered with the

a. The half:yearly accounts of the subject Comprr ry, which is in liqu idation Ibr the period from 0 1 .04.2023 to 3(r. )9.2023, along with the Auditor,s Report dated 31.05.2025 submitted on 09.06.2025 by A4ls.KBS & Associates, Chartere < Accountants, are takcn on record

b. Permission is accorded to the Ieamed Official Li,1 rrdator to pay an audit fee of Rs.500/_ plus GST to the Auditor.

c. Permission is also accorded to the leamed Offic i rl Liquidator to make the said payment liom the available unds of the Company (in liquidation), or from the Estate and .r ;tablishment Fund account if no fund is available in the Compar /,s account, subject to reimbursement from the funds of O rmpany (in tiquidation) upon realization of its assets. S D/- K.SHYLESHI //TRUE COPY// J() NT REGIS /I To SE )TION OFFICER The Official L floor, Cor.pora I I I

iqurdator, lV/s. Turbo Bharath Lin\ited, te Bhawan, Bandlaguda, ttagote,HyH (in lir n) Office at 1st bad

I S

2. The Reqistrar of Companies' Ministry of Corporate Affairs' Government of ' til;;,'G1;;il.i,"tti i^aij, 2nd Flooi, corporate Bhawan' Nagole' Bandlaouda. rnattiannaialii VillaSe, Hayathnagar Mandal' Ranga Reddy o[in.i]i"ranqana State Pin Code-500068 3 ih;'iilqionit 'oireitor' so,in EiiLin Region' Minislry of corporate.Affairs' " ilJ?i;;i, t;;poiril ahr*,;. r'ligote' aa io lasuda' rhattiannaram Villase' il,y;i;;d;;M;;;;r' il;A n'Jiiv bLiiiCt' feransana state Pin code 5000

q. iie Section Officer' O.S. Section, High Court of Hyderabad for the State of Telangana

5. one CC to Sri J.sreenadh Reddy, _Co.unsel for official Liquidator, High Court for the State of Telangana(OPUU)

6. Two CD CoPies Kul/pslw qh

I \ HIGH COURT DATED:221091202s

ORDER

COMPANY APPLICATION No.247 ot 2O25 IN c.P. NO. 151 0F 200e ORDERING I'IIE ('01{P,\NY APPLICAI'ION 1'J L![ X[i ,,=-> ". t\ / -t, j.;,/ ,.,/ )' <.:].,_ odStb L) PkilP \

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