Telangana High Court
COMPA/203/2025 of M/s. Sree Bhagyalaxmi Coal and Minerals Trading Private. Limited(In Prov. Liqn. ) Vs No Respondent on 22 September 2025
COURT FORTHE 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.2O3 oF 2025 IN c.P.No.2Ei ot 2015 ln the mafter of the Companies Act, 1956 And ln the matter of Sree
IN THE HIGH COURT FORTHE 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.2O3 oF 2025
IN
c.P.No.2Ei ot 2015
ln the mafter of the Companies Act, 1956
And
ln the matter of Sree Bhagyalaxmi Coal & Minerals Trading Private Limited (in Prov.Liqn)
The Official Liquidator, attached to the Hon'ble High Court of.Telangana, andAndhra Pradesh, 1st flbor, Corporate Bhawan, Bandlaguda, Nagole, HyderaOrO.O?OrOlSUO*, Applicatioil 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 liquidation) for the period trom 01 .04.2023 to 30.09.2023, along with lndependent Auditors' Report dated 31 .05.2025 submitted on 09.06.2025 by KBS. &
Ass@iates, 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 Nolary 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 for the Applicant.
The Court made the following: ORDER
THE HONOURABLE SRI JUSTTCE K. LAKSHMAN
COMPANY APPLICATION No. 203 of 2O25
ln C.P.No.29E of2015
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ORDER:
Heard Sri J.Sreenath Reddy, learned counsel for the Official Liquidator
2. Having satisfied with the reasons mentioned in the supporting affidavit, and upon considering the hallyearly accounts filed by the learned Offrcial Liquidator, this application is ordered with the following:-
a. The half-yearly accounts of the subject Company, which is in liquidation for the period from 01 .04.2023 to 30.09.2023, along with the Auditor's Report dated 31.05.2025 submiffed on 09.06.2025 by IWs KBS & Associates, Chartered Accountants, are taken on record.
b. Permission is accorded to the learned Official Liquidator to pay an audit fee of Rs.500/- plus GST to the Auditor. J
c. Permission is also accorded to the learned Oflicial Liquidator to make the said payment from the available funds of the Company (in liquidation), or from the Estate and Establishment Fund account if no fund is available in the Company's account, subject to reimbursement from the funds of Company (in liquidation realization of M.VIJAYA B JOINT RE //TRUE COPY// N OFFICER I Liquidator, Sri Bhagya laxmi Coal inerals Trading Private Liqn) Office at 1st floor, CorPorate
1. The Officia Limited (ln HYderabad. -\--.-^.-, - To, Bh , Bandlaguda, Nagole, ,1(
/
2. The Registrar of Companies,Itf inistry of Corporalq Affairs, Government of tnala, G"overnment of inOia, 2d f noi gorporate Bhawan, Nagole, _ b"r,or"g uci, tnitti jn naijma vi ila gg,^I lfglh na ga r M andal, Ra n g a Reddy DistrictlTelangana State Pin Code-500 680
3. inl ndgion"ibii".toi, Soutn Eastern Region, Mllitw o.f Corporate.Affairs' vATj;,,q#m:*tlUUH"ffi i"r[?,i.X','f 5fl?,I13'[1ll55i;'J;t1n3oo .680
4. The section officer, o.s.section, High court of Hyderabad for the state of Telangana
5. One CC to SriJ.Sreenath Reddy, Advocate for official Liquidator, High court for the State of Telangana(OPUC)
6. Two CD CoPies Ks/PSL YY tr il
HIGH COURT
DATE i22t0912025 ) or.. t0 Eit P5 'ii-:i ST4 ?TT -\
ORDER
COMPA.No.203 ot 2025 N C.P.No.298 of 2015 Ordering the Gompany Application. J() (J * * .( , .**b u s<,: