Telangana High Court
COMPA/269/2025 of M/s. Sri Laxmi Fibres Limited(in liqn) Vs No Respondent on 22 September 2025
Liquidator, attached to the Hon'ble High Court of Telangana, andAndhra Pradesh, 1st fldor, Corporate Bhawan, Bandlaguda, Nagole, Hyderabad -500068 .,.APPLICANT IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD TUONDAY.THE TWENry SECOND DAY OF SEPTEMBER TWO THOUSAND AND TWENTY FIVE
The Official Liquidator, attached to the Hon'ble High Court of Telangana, andAndhra Pradesh, 1st fldor, Corporate Bhawan, Bandlaguda, Nagole, Hyderabad -500068
.,.APPLICANT
IN THE HIGH COURT FOR THE STATE OF TELANGANA
AT HYDERABAD
TUONDAY.THE TWENry SECOND DAY OF SEPTEMBER
TWO THOUSAND AND TWENTY FIVE
PRESENT
THE HONOURABLE SRI JUSTICE K.LAKSHMAN
COMPANY APPLICATION NO.269 OF 2025
IN
R.C.C.No.15 of 2000
ln the matter of the Companies Act, 1956
And
ln the matter of M/s Sri Laxmi Fibers Limited (in.Liqn)
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 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. & 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.
,
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, subiecl 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 daled 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 JUS-IICE K. LAti iHrv-tAn- COMPANY APPLICATION No. 269 of t 025
ln R.(1.(.N o. l5 of 2000
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ORDER:
Heard Sri J. Sreenath Reddy, leamed counsel rr the Official Liquidator.
2. Having satisfied with the reasons mentioned irr the supporting affldavit, and upon considering the half_yearly accoLr ts tiled by the learned Officiat Liquidator, this application is or,l:red with the following:-
a. The half-yearly accounts of the subject Compar ",, w.hich is in liquidation for the period liom 0 l .04.2023 to 30 ( 9.2023, along with the Auditor,s Rcporr dated 31.05.2025 ;ubmined on 09.06.2025 by M/s.KBS & Associates, Charterel Accountants, are taken on record. b, Permission is accorded to the leamed Official Liil ridator to pay an audit fee of Rs.500/_ plus GS-t to the Auditor.. B c- Permission is also accorded to the leamed Offit i rl Liquidator to make the said payment lrom the avaitable unds of the Company (in liquidation), or lrom the Estate ancl E ;tablishment Fund account if no fund is available in the Compiu y,s account, subject to reimbursement fiom the funds of - tmpany (in liquidation) upon realization of its assets. SE/ R,KARTHIKEYAN . OINT REGISTRAR To, ,TRUECOPY/I G { ECTION OFFICER The OJficial Liquidator, M/s Sri Laxmi Ftbres Limited (rn _iqn) Office at .1st floor, Corporate Bhawan, Bandlaguda, Nagole, Hyderatia 1
i
2. The Registrar of Companies, Ministry of C6rporatb Affairs, Government of lndia, Government of lndia, 2* Floor, Corporate Bhawan, Nagole, Bandlaguda, Thattiannarama Village,-Hayathnagar Mandal, Ranga Reddy District, Telangana State Pin Code-500 680 3 Tfie_Regional Director, South Eastern Region, Ministry of Corporate Affairs, 3'' Floor, Corporate Bhawan, Nagole, Bandlaguda, Thattianniram Village, ' Hayathnagar Mandal, Ranga Reddy District, Telangana State pin Code-500 680
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 Ks/PSLw a fl
\ HIGH COURT DATED:2210912025
ORDER
COMPA.No.269 of 2025 IN R.C.C.No.15 of 2000 Ordering the Company Application. --1::1--*1---. 1 1 t- t'- S I..i:.- l'. ,:\ -l /:' ,1 ,) 12 tri ?U5 ,// p &fr't I h*