Telangana High Court
COMPA/255/2025 of M/s.Southern Pesticides Corporation 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: 255 OF 2025 IN R.C.C.No. 2 oI 2002 ln the matter 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: 255 OF 2025
IN
R.C.C.No. 2 oI 2002
ln the matter of the Companies Act, 1956
And
ln the mafter of M/s Southern Pesticides Corporation Limited (in liqn), The Official Liquidator, attached to the Hon'ble High Court of Telangana, and Andhra Pradesh, 1st floor, Corporate Bhawan, Bandlaguda, Nagole. Hyderabad -500068
...APPLICANT
Application Under Section 462 of Companies Act, 1956 read with Rule 298
and iule 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 Iiquidation) for the period from 01 .10.2023 to 31 .03.2024. along with lndependent Auditors'
Report dated 31.05.2025 submitted on 09.06.2025 by lV/s. KBS and Associates, Chartered Accountants on record and permissron 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 sub1ect to reimbursement of the same from the funds of Company (in liqn) upon realization of assels of the CompanY (in liqn), if anY
This application coming on for orders, upon reading the Judge's summons and the affidavit dated 01 .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.Sreenath Reddy, Advocate for the Official Liquidator/Applicant.
The Court made the following: ORDER
THE HONOTTIIABLE SRI JI,STTCE K. LAKSl] \IA\
CON'IPANY APPLICA'[ION No. 255 of 202;
In R.C.C.No.: ot2002
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ORDER:
lleard Sri J.Sreenath Reddy, leamed counsel fc,r the Official [-iquidator.
2. Ilaving satisfied with the reasons mentioned in .l e supporting affidavit, and upon considering the half-yearly accoun:: Iiled by the Ieamed OfTicial Liquidator, this application is ordt:r:cl with the lollorving:
a. 'fhc halilycarly accounts of the subject Companl , which is in Iiquidation tbr the period lrom 01.10.2023 to 31.() .2024, along rvith the Auditor's Report dated 31.05.2025 :Lrbrritted on 09.06.2025 by M/s.KBS & Associates, Chartererl Acc()untants, are taken on record.
b. Perrnission is accorded to the leamed Official Litlr idator to pay an audit lee ol Rs.500i- plus GS't to the Audibr'.
c. Perrnission is also accorded to the leamed Offir:r rl l-iquidator to rnakc the said paymcnt lrom the available irnds of the Cornpany (in Iicluidation), or lrom the E,state and I stablishment Irund account il no fund is available in the Compa ry's account, sub.jcct to reimbursement from the funds of ,lompany (in liquidation) upon realization of its assets. SD/- K.SHYLESHI . OINT REGISTRAR G I;ECTION OFFICER ( .TR!E CC/Y i/ To, The of{icial Liquidaror M/s southern pesticides corpo-e r :n L imited (in riqn), Office at 1st floor. Corporate Bhawan. Bandlaguda. iaq.,:. Hvderabad
2. The Registrar of Companies, -{linistry of Corporate Affairs, Government of lndia, Government of India, 2"" Floor, Corporate Bhawan, Nagole, Bandlaguda, Thattiannarama Village, Hayathnagar lvlandal, Ranga Reddy District, Telangana State Pin Code-500068
3. The Regional Director, South Eastern Region, lVinistry of Corporate Affairs, 3'o Floor, Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram Village, Hayathnagar lvlandal, Ranga Reddy District, Telangana State Pin Code 5000 6B
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 Officiat Liquidator, High Court for the State of Telangana(OPUC)
6. Two CD Copies TPK /PSL l")v
HIGH COURT DATED:2210912025 i i 0 4 t'"i 20zt \ j''s ",a r cqt-(t- af
ORDER
COMPA.No.255 of 20Zs IN R.C.C.NO.2 of 2022 ORDERING THE COMPANY APPLICATION r1 D /1, /Qr \'.'il)