Telangana High Court
COMPA/266/2025 of M/s. Sirsilk Limited(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: 266 oF 2025 IN C.P.No. 57 of 1999 ln the mafter of the Companies Act, 1956 And ln the mafter of
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: 266 oF 2025
IN
C.P.No. 57 of 1999
ln the mafter of the Companies Act, 1956
And
ln the mafter of M/s Sirsilk Limited (in liqn), The Official Liquidator, attached to the Hon'ble High Court of Telangana, and Andhra Pradesh, lstfloor, Corporate Bhawan, Bandlagud-a, Nagole, Hyder;bad -500068
...APPLICANT
Application Under Section 462 of Companies Act, '1956 read with Rule 298
and Rule 306 of the Companies (Court) Rules 1959 praying that lhis 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 Independent 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 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 Eslate 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.
II
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, Officiat 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 Liq uidator/Applicant.
The Court made lhe following: ORDER
UO
orale t nawan tranot
uoa
NA ote, H
etaoao
THE HONOURABLE SRI JUSTICE K. LAh! IIN,I.\N
COMPANY APPLICA'IION No.266 of z t25
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
ORDER:
Heard Sri J.Sreenath Reddy, Iearned counsei lrr the Official Liquidator.
2. Having satisfied with the reasons mentioned i:r the supporting aflfidavit, and upon considering the l;alf'-yearly acc(n.r ts filed by the learned Official I-iquidator, this application is orc:red with the fbllowing:-
a. The half-yearly accounts of the subject Compru y, which is in liquidation lbr the period from 01.04.2023 to 3(r )9.2023, along with the Auditor's Report dated 31.05.20?,:; submirred on 09.06.2025 by IWs.KBS & Associates, Charter: I Accountants, are taken on record.
b. Permission is accorded to the leamed Official Li tuidator to pay an audit fee of Rs.500/- plus GST to the Audito..
c. Permission is also accorded to the learned Ol.i:ial t,iquidator to make the said payment fiom the availab r funds of the Company (in liquidation), or from the Estate anl Ilstablishment Fund account if no fund is available in the Conl rny's account, subject to reimbursement from the funds o Company (in liquidation) upon realization of its assets. tn C.P.No. 57 of 1999 S] .I.NAGA LAKSHMI '-i tJOINT REGISTRAR //TRUE COPY// 1," SCCTION OFFICER
The Official Liquidator, M/s Sirsitk Limited (in tiqn),' Copg1qle Bhawan, BandlqAqqe,NqSglg, Hydslgqqd fffice at 1st floor,
2. The Registrar of Companies, Ministry of Corporate Affairs, Government of lndia, Government of India, 2no Floor, Corporate Bhawan, Nagole, Bandlaguda, Thattiannarama Village, Hayathnagar Mandal, Ranga Reddy .District, Telangana State Pin Code-5000680
3. The Regional Director, South Eastern Region, Ministry of Corporate Affairs, 3'" Floor, Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Village, Hayathnagar Mandal, Ranga Reddy District, Telangana State Pin Code 5000
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 I TPK /PSL
HIGH COURT DATED:2210912025 t \ ,'1-. ,.,';.1 t I
ORDER
nfr COMPA.No.266 ot 2025 IN C.P.NO.57 of 1999 ORDERING THE COMPANY APPLICATION ::.y' ,/ $\ \, '.. \.