Telangana High Court
COMPA/258/2025 of M/s.Premier Aqua Farms Limited (in liqn) Vs No Respondent on 22 September 2025
COURT FOR THE STATE OF TELANGANA AT HYDERABAD MONDAY, THE TWENTY SECOND DAY OF SEPTETVBER TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE K.LAKSHMAN COMPANY APPLICATION NO.258 OF 2025 ln the matter of the Companies Act, 1956 And ln the matter of M/S Premier Aqua Farms Limited
IN THE HIGH COURT FOR THE STATE OF TELANGANA
AT HYDERABAD
MONDAY,THE TWENTY SECOND DAY OF SEPTETVBER
TWO THOUSAND AND TWENTY FIVE
PRESENT
THE HONOURABLE SRI JUSTICE K.LAKSHMAN
COMPANY APPLICATION NO.258 OF 2025
ln the matter of the Companies Act, 1956
And
ln the matter of M/S Premier Aqua Farms Limited (in.Liqn)
The Official Liquidator, attached to the Hon'ble High Court of Telangana, and Andhra Pradesh, l st floor, Corporate Bhawan, Bandlaguda, Nagole, Hyderabad -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 this Hon'ble Court may be pleased to :
i.
take the half-yearly accounts of the subject company (in liquidation) for the period from 01.10.2023 lo 31.03.2024, 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.500/- plus GST to the said auditor.
I
ii.
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 readin$ the Judge's summons and the affidavit dated 01.08.2025 filed by Sri Uttam Kumar Sahoo, Official Liquidator aftached 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.
IN
C.P.No.98 of 1998
I
I
The Court made the following: ORDER
.tHE I{ONOURABLE SRI JUSTICE K. LAKJ IMAN
COMPANY APPL TCATION No.258 of i{25
lo.C.P.No.96 of I998
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, leamed counsel i Liquidator.
2. Having satisfied with the reasons mentioned in affidavit, and upon considering the half-yearly accoun leamed Official Liquidator, this application is orc r following:-
a. The half-yearly accounts of the subject Comparr liquidation for the period liom 01.10.2021 to 3 t.C with the Auditor's Reporr dared 31.05.2025 09.06.2025 by M/s.KBS & Associares, Chartere I are taken on record.
b. Permission is accorded to the learned Offrcial Lirl an audit fee of Rs.500/- plus GST to the Auditor.
c. Permission is also accorded to the leamed Oflli:. to make the said payment from the available Company (in liquidation), or fiom the Estate and I Fund account if no fund is available in the Coripr subject to reimbursement from the funds ol'( liquidation) upon realization ofits assets r the Official he supporting s filed by the :ed with the ', which is in ).2024, along ubmitted on Accountants, :idator to pay , tl Liquidator unds of the stablishment ry's account, ompany (in SDi- T'I VIJAYA BHASKER IOINT REGISTRAR //rRUE COPY// 6', ;ECTION OFFICER The Official Liquidator, [r4/s Premier Aqua Farms Limit: i (in Liqn ) Office at lstfloor, Corporate Bhawan, Bandlaguda, Nagole, Hyder bid. / I I
<=iEz-- I To, /, l
2. The Registrar of Companies. Ministry of Corporate Affairs Government of
- rnola, G-overnment ot inoij 2M Flooi, Corpoiate Bhawan' Nlgole' ^ , , Banrltaouda. Thattiannaiarira Village: Hayathnagar Mandal Ranga Reddy Oi"tti"t]f"t"ngana State Pin Code-500 680 g ihe Riqionat"Directoi South Eastern Region, Ministry of corporate.Affairs, " iflri"""i, c"ipoiut" an*un, Nagole, Band lag uda, Thattialltl3lfll1g9;" Hayaihnagar'Mandal, Ranga Reddy District, Telangana state Pln uooe cuu
+. ii! section officer, o.s.section, High court of Hyderabad for the state of Telangana
s. one ic to sri J.sreenath Reddy, Advocate for official Liquidator, High court for the State of Telangana(OPUC)
6. Two CD CoPies Ks/PSLw 't I , I l
\ HIGH COURT DATED:2210912025
ORDER
COMPA.No.2S8 of 2025 IN C.P.No.98 of 1998 1_:'::- - - -_ - -:-- t,., )- \i tl: r),j t't' * { o ': lAl ( Ordering the Company Application. g ^(aA ro\'' ft-" I 1f ttt,7g6