Telangana High Court
COMPA/265/2025 of M/s. Shakti Sai Agros and Forests (I) Limited(in liqn) Vs No Respondent on 22 September 2025
IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD IVONDAY, THE TWENTY SECOND DAY OF SEPTEMBER TWO THOUSAND AND TWENry FIVE PRESENT THE HONOURABLE SRI JUSTICE K.LAKSHMAN COMPANY APPLICATION NO: 265 OF 2O25 IN C.P.No. 2 ot 2001 ln the matter of the Companies Act, 1956 And ln the matter of
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IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD
IVONDAY, THE TWENTY SECOND DAY OF SEPTEMBER
TWO THOUSAND AND TWENry FIVE
PRESENT
THE HONOURABLE SRI JUSTICE K.LAKSHMAN
COMPANY APPLICATION NO: 265 OF 2O25
IN
C.P.No. 2 ot 2001
ln the matter of the Companies Act, 1956
And
ln the matter of M/s Shakti Sai Agros and Forests (l) Limited (in liqn)
The Official Liquidator, attached to the Hon'ble High Court of Telangana, and Andhra Pradesh, 1st floor, Corporate Bhawan, Bandlaguda, Nagole, Hyder;bad -50006g
...APPLICANT
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 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 a uditor.
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.
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/Applicant.
The Court made the following: ORDER
THE HONOURABLE SRI JUSTICE K. LATi ;IIMAN
COMPANY APPLICATION No. 265 ol 1025
ln C.P.No. 2 of200I
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ORDER:
Heard Sri J.Sreenath Reddy, learned counsel Lrr the Ol ficial I-iquidator
2. Having satisfied rvith the reasons mentioned rr the supporting affidavit, and upon considering the halfl-yearly accor rrs filed by the leamed Ollicial l-iquidator, this application is o 1 ered witli the following:-
a. Ihe half-yearly accounts o1'the subject Compa ry, which is in Iiquidation for the period from01.04.2023 to 3I 09.2023, along with the Auditor's Report dated 31.05.2025 submitted on 09.06.2025 by M/s.KBS & Associates, Chartclr C Accountants, are taken on record
b. Permission is accorded to the leamed Official L luidator to pay an audit fee ol Rs.500l plus GST to the Audilcr
c. Permission is also accorded to the leamed Off cial Liquidator to make the said payment fiom the availabl , funds of the Company (in tiquidation), or from the Estate arLr Establishment Fund account if no fund is available in the Conr rany's account, subject to reimbursement ilom the funds c I Company (in liquidation) upon realization of its assets. \' \ l id/. B. SATYAVATHI JOINT REGISTRAR I //TRUE COPY// SECTION OFFICER ,TO, i I The Official Liquidator, M/s Shakti Sai Agros and Fores :s (l) Limited (in liqn), Office at 1st floor, Corporate Bhawan, Bandlaguder, Nagole, Hyderabad. 5ooo6.e. i _--.-:+:==:# r l i l l i I i I I !i i I I I I t. : I I I
1. 2 The Regjstrar of companies, Ministry of corporate Affairs, Government of lnota z *. Ftoor, Corporate. Bhawan. Nagole, Bandlaguda. Thattiannarama I X,J3g_"d05'dJ6,^nasar Mandal, Ransa Reddy District. -retansana Srate pin /
3. The_Regional Directot South Eastern Region, A/linrstry of Corporate Affairs. J " I-toor, Corporate Bhawan, Nagole, Bandlaguda. thattianriaram Villaoe. Hayathnagar lrrlandal. Ranga Reddy District, ietangrna StitJ Fln CoJB- 5000 68
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 officiar Liquidator, High court _ for the State of Telangana(OpUC) 6 Two CD Copies TPK /PR Y^.'
\ HIGH COURT DATED:2210912025
ORDER
COMPA.No.265 of 2025 IN G.P.No. 2 of 2001 :'... ,\:\ i I i:.', ;15 : -., ., -1.17-';: l ' )"' i\,j. \i .;; ,,1 -.1 . ,,' ORDERING THE COMPANY APPLICI\ TION dCeN I lO-b &,