Telangana High Court
COMPA/263/2025 of M/s. Vara Vara Chits Limited(in liqn) Vs No Respondent on 22 September 2025
Liquidator, attached to the Hon'ble High Court of Telangana, and,Andhra Pradesh, 1st fldor, Corporate thawan, Bandlaguda, Nagole, HyderaOil;?%O33UO*, 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
The Official Liquidator, attached to the Hon'ble High Court of Telangana, and,Andhra Pradesh, 1st fldor, Corporate thawan, Bandlaguda, Nagole, HyderaOil;?%O33UO*, 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 2630F 2025
C.P.No.131 of 2000
ln the matter of the Companies Act, 1956
And
ln the matter of M/s Vara Vara Chits Limited (ln Liqn)
Application Undei 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 lrom 01.O4.2023 to 30.09.2023, along with lndependent Auditors'Report dated 31.05.2025 submitted on 09.06.2025 by KBS. &
Associates, 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.
r
cost of this applicalion (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 reimbursemenl 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, Ofiicial 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
IN
lt
THE HONOURABLE SRI JUSTTCE K. LAKSHMAN
COMPANY APPLICATION No. 263 of 2025
ln C.P.No. l3l of2000
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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 half-yearly accounts filed by the learned Official 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 0L.04.2023 to 30.09.2023, along with the Auditor's Report dated 31.05.2025 submitted on 09.06.2025 by I\tIls.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. .,
c. Permission is also accorded to the learned Official 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) upon realization of its //TRUE COPY// M.VIJAYA JOINT OFFICER its L
To, The Official Liquidator' M/s Vara Vara Ch d;p;;;6ahawan, eandlaguda' Nagole' liqn) Office at 1st floor,
2. The Registrar of Companies,_llinistry of Corporalq Affairs, Government of lndia, Givernment of india, 2nd Flooi, Corporate Bhawan, Nagole, Bandlag uda, Thattian narama Village,- H qyqth nagar M andal, Ranga Reddy District, Telangana State Pin Code-500 680
3. The Reqional-Director, South Eastern Region, Ministry of Corporate Affairs, - 3'd Fboi, Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Villaggl. _ Hayathnagar'Mandal, Ranga Reiidy District, Telangana State Pin Code 500
4. i[; Section Officer, O.S.Section, High Court of 'Hyderabad for the State of Telangana : 5. ,One iC to SriJ.Sreenath Reddy, Advocate for:Official Liquidator, High Court for the State of Telangana(OPUC)
6. Two CD Copies Ks/PSLw / .l *.,n-*-r__"_=
\ HIGH COURT DATED:2210912025
ORDER
COMPA.No.263 ot 2025 IN C.P.No.131 of 2000 i,Jl\ -f H€ S14
6. ( D L; 18 EEC m6
* cF.r:,rif i Ordering the Company Application. € *da }.t, \