COMPA/196/2025 of M/s.Sri Laxmi Saraswathi Papers Limited (in liqn) Vs No Respondent on 22 September 2025

The official Liouidator, attached to the Hon'ble High court of Telangana, and An^dhra irio;;'il'lli- ib;;, torpoiate Bhawan, Bandlaguda, Nagole, Hvderabad--500068

...APPLICANT

Company Application Under Section 462 of the Companies Act' 1956 read with Rule 298 a;d Rule 306 of the Companies(Court)Rules, 1959 .praying that this 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 SRt JUSTICE K.LAKSHMAN

COMPANYAPPLICA TroN NO. 196 0F 2025

R.C.C NO: 14 OF 1999

ln the mafter of M/s.Sri Laxmi Saraswathi Papers Limited (in liqn)'

Between:

i.

take the half-yearly accounts of the subject company (in liquidation). for the period from bt/to/2023 to 311O3t2024, along with lndependent Audiiors, Report dated 31to5t2o25 submitted on 09/06/2025 by Mis.

KBS and Associates, Chartered Accountants on record and permission miy oe accorded to make the payment of audit fee of Rs.500/- plus GST

to the said auditor.

ii.

cost of this application (Court fee Stamps and Notary Charges etc'') may be permitted to be mei 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 Pass such furtherorotherorderorordersasthisHon'bleCourtmaydeemfitand proper in the facts and circumstances of the case'

Thisapplicationcomingonfororders,uponreadingtheJudge'ssummonsand 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. Srinadh Reddy, counsel for the Official Liquidator for the Applicant.

The Court made the following ORDER:

IN

THE HONOURABLE SRI JUSTICE K. LAKSHMATI

COMPANY APPLICATION No. 196 of 2025

ln RC.C.No. 14 of 1999

ORDERg

Heard Sri J.Sreenath Reddy, learned counsel for the Official Liquidator

2.

Having satisfied with the reasons mentioned in the supporting affidavir:, 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 li,luidation for the period from 01 .10.2023 to 31.03.2024, along with ttre Auditor's Report dated 31.05.2025 submitted on 0').06.2025 by IWs KBS & Associates, Chartered Accountants, ar:e taken on record.

b. Permission is accorded to the learned official Liquidator to pay arr 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 Clompany (in liquidation), or from the F.state and Establishment Fund account if no fund is available in the company's account, 5rrbject to reimbursement from the funds of Company (in liquidation) upon realizationof its assets.

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/ffRUE COPYI/

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1. The Oflicial Liquidator, M/s. Sri Laxmi Saraswathi Papers Limited, Office at s SD/. R. KARTHIKEYAN

JOINT REGISTRAR

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1st floor'. Co

erabad

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2. The Re_qistrar of Companies, Ministry of Corporate Affairs, Government of lndia 2nd floor Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram , Village Hayathnagar lMandal, Ranga Reddy District, Telangana State /

Pin Code 500 680.

3. Ilg. Reg,ional Director, south Eastern Region, Ministry of corporate Affairs,3'o floor corporate Bhawan, Nagole,-Bandlaguda, Thattiannaram Village Hayathnagar [Vlandal, 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, Counset for Official Liquidator, High Court for at Hyderabad [OPUC]

6. Two CD Copies

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HIGH COURT

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DATED:2210912025