Telangana High Court
COMPA/220/2025 of M/s. Southern Pesticides Corporation Limited(in liqn) Vs No Respondent on 22 September 2025
of M/s. Southern Pesticides Corporation Limited ( ln Liqn) Between: The Official. Liquidator, attached to the Hon'ble High Court of Telangana, and Andhra Pradesh. '1'' floor, Corporate Bhawan, Bandlaguda, Nagole, Hyderabad -500068 ...Applicant Company Application Under Section 462 of the
ln the matter of M/s. Southern Pesticides Corporation Limited ( ln Liqn)
Between:
The Official. Liquidator, attached to the Hon'ble High Court of Telangana, and Andhra Pradesh. '1'' floor, Corporate Bhawan, Bandlaguda, Nagole, Hyderabad -500068
...Applicant
Company Application Under Section 462 of the Companies Act, '1956 read with Rule 298 and Rule 306 of the Companies ( Court) Rules, 1959 praying for the Hon'ble Court may be pleased to 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. 220 OF 2025
IN
R.C.C. NO: 2 OF 2002
take the half-yearly accounts of the subject company (in liquidation) for the period from 01 .O4.2023 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 GST to the said audrtor.
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, and This Company Application coming on for orders, upon reading the Judge's summons and the affidavit dated 06-08-2025 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. Srinadh Reddy, Counsel for the Official Liquidator for the Applicant.
The Court made the following ORDER:
TIIE IIONOURABI,I' SIII JUS'TICE K. I-AK:i IM,.IN
COMPAN Y APPLICATION No. 220 of 20 !5
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ORDER:
Heard Sri J.Sreenath Reddy, leamed counsel 1:. the Official Liqu idator. Z. Having satisfied rvith the reasons mentioned in t re supporting affidavit, and upon considering the half'-yearly account fileri by the learned Official Liquiciator-, this application is ord,:. ed with the following:-
a. The hall:yearly accounts ol the subject Companv which is in liquidation fbr the period lrom 0l 04.2023 to 30.(( .2023, along with thc Auditor's Report dated 31.05.2025 srbmitted on 09.06.2025 by M/s KBS & Associates, Chartered \ccountants, are taken on record.
b. Permission is accorded to the leamed Official Liqu Cator to pay an audit f'ee of Rs.500/_ plus GST to the Auditor.
c. Permission is also accorded b the learned Officia Liquidator to make the said payment lrom the available rr nds of thc Companl,(in liquidation), or from the Estate and I :.ablishmenr Fund account if no fund is available in the Comparr ,.s account, subject to reimbursemcnt liom the funds of ( r mpany (in liquidation) upon realization of its assets. 1o
SD/. IU /IJAYA BHASKER ,TRUE COPY// . OINT R2,ISTRAR e The official Liquidator, [/r/s. southern pestrcides corporati,,, i:J,',:] ?irfrT office at 1'1 floor, corporate Bhawan, aanorajuJa, NJgot". r yderabad 500068. I ln lr.C-C.No-2 or 2002
2. The Registrar of companies. Ministry of corporate Affairs, Government of lndia 2no floor Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Village Hayathnagar Mandal, Ranga Reddy District, Telangana State pin Code 5b0
3. The Regional Director, south Eastern Region, Ministry of corporate Affairs, 3'd floor Corporate Bhawan, Nagole, Bandtaguda, Thattiannaram Village Hayathnagar ttrlandal, Ranga Reddy District Telangana State, pin Code 500 680
4. The S.O. O.S. Section, High Court at Hyderabad, for the State of Telangana.
5. One CC to Sri J. Srinadh Reddy, Counsel for Official Liquidator, Higir Court for at Hyderabad tOPUCj
6. Two CD Copies Kul/psl ryy
HIGH COURT DATED:2210912025
ORDER
COMPANY APPLICATION No.220 of 2025 IN R.C.C. NO. 2 0F 2002 ORDERING THE COMPANY APPLICATTON ,z "*' ., 1HE ir i.."-^....-.,-'' '.-.-*.-..---. 04 ril iotr ( .-/' \l ?{ I I
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