← Library
High Court for State of TelanganaCOMPA/258/2025ordered

M/S.Premier Aqua Farms Limited (In Liqn) v. No Respondent

2025-09-22K.Lakshman4 pages

This judgment came from a scanned document and its text layer is unreliable — words may be garbled. Check the original PDF before relying on any passage.

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 IN C.P.No.98 of 1998 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.

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. 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 ORDER:

Heard Sri J.Sreenath Reddy, leamed counsel i r the Official Liquidator.

2.

Having satisfied with the reasons mentioned in he supporting affidavit, and upon considering the half-yearly accoun s filed by the leamed Official Liquidator, this application is orc r :ed with the following:- a. The half-yearly accounts of the subject Comparr ', which is in liquidation for the period liom 01.10.2021 to 3 t.C ).2024, along with the Auditor's Reporr dared 31.05.2025 ubmitted on 09.06.2025 by M/s.KBS & Associares, Chartere I Accountants, are taken on record.

b. Permission is accorded to the learned Offrcial Lirl :idator to pay an audit fee of Rs.500/- plus GST to the Auditor. , tl Liquidator c. Permission is also accorded to the leamed Oflli:. to make the said payment from the available unds of the Company (in liquidation), or fiom the Estate and I stablishment Fund account if no fund is available in the Coripr ry's account, subject to reimbursement from the funds ol'( ompany (in liquidation) upon realization ofits assets SDi- T'I VIJAYA BHASKER IOINT REGISTRAR //rRUE COPY// 6', ;ECTION OFFICER /, To, The Official Liquidator, [r4/s Premier Aqua Farms Limit: i (in Liqn ) Office at lstfloor, Corporate Bhawan, Bandlaguda, Nagole, Hyder bid. / <=iEz-- 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;" 't 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 , l

HIGH COURT DATED:2210912025 \ 1_:'::- - - -_ - -:-- t,., tl:

r),j t't'

1f ttt,7g6

ORDER

)- \i * { o ': lAl ( COMPA.No.2S8 of 2025 IN C.P.No.98 of 1998 Ordering the Company Application.

g ^(aA ro\''

ft-"