M/S.Taurus Earthmovers Limited (In Liqn) v. Nil
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IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD
MONDAY HE TWENTY SECOND DAY OF SEPTEI\iIBER TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE K.LAKSHMAN COMPANY APPLICATION NO: 208 OF 2025 IN C.P.No. 82 ot 2010 ln the matter of the Companies Act, 1956 And ln the matter of M/s Taurus Earthmovers Limited (in liqn) The Official Liquidator, attached to the Hon'ble High Court of Telangana, and Andhra Pradesh, lst 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 :
take the half-yearly accounts of the sublect company (in liquidation) for the period from 01 .10.2023 Io 31 03.2024, along with lndependent Auditors Report dated 31.05.2025 submitted on 09.062025 by M/s KBS and Associates, Chartered Accountants on record and permisston may be accorded to make the payment of audit fee of Rs.500l 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 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 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 i :l
THE HONOURABT,E SRI JUST'ICE K. LAK! I{MAN COMPANY APPLICA'IION No.208 of z t25 ln C.P.No. 82 of20l0 ORDER:
Ileard Sri J.Sreenath Reddy, learned counsel 1ri the Olficiai I-iquidator 2.
Having satisfied with the reasons mentioned i'i Lhc supporting aftldavit, and upon considering the half-yearly acc()ur ts filed by ttrc Iearned Official l-icluidator, this application is ort:red with the lollowing:- a. 'fhe I'ralf-yearly accounts of the subject Comprr 1,, rvhich is in liqu idatior.r tbr the period fiom 0 I . 10.2023 to -l 11.20?4, along rvith the Auditor's Report dated 31.05.20'.), i submitted on 09.06.2025 by N4/s KBS & Associates, Chartere I Accountants, are taken on record.
b. Permission is accorded to the learned Officiat I r luidator to pa1, an audit i'ee of Rs.500l plus GST to the Auditor Permission is also accorded to the leamed Ofi:ra[ Liquidator to rnake the said payment from the avaiiab l, funds of the Company (in liquidation), or fiom the Estate ar< Establishment Fund account if no fund is available in the Conr any's account, subject to reimbursement {iom the funds of Company (in liquidation) upon realization of its assets Sd/- III RAMANA KRISHNA JOINT RECTSTRAR !
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To, SECTI FFICER '1 . The Official Liquidator, M/s Taurus Earthmovers Limitec (in liqn) Office at 1st floor, Corporate Bhawan, Bandlaguda, Naqole, Hvdera: ld.
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I I Z lng n9g;sJ1ar of^Companies. Mrnistry of C6rporati: Affarrs, Government of l?gl1 z,,Fto9r. Corporate.Bflvan Nagole Bandtaguda Thattiannarami v rage, ^Hay-athnagar Mandal, Ranga Reddy District. Telangana State iin Code-500068 3 TJle-Regionar Director, South Eastern Region, Ministry of corporate Aflarrs, 3" Floor, Corporate Bhawan, t tagote, aaiotqg,J, hirit,r-i"r'Vriri"I' Hayathnagar Mandal, Ranga Reddy District ielingana State pin Code 500068 4 The Section Officer, O.S.Section, High Court of Hyderabad for the State of Telangana 5 one cc to Sri J.sreenath l"!.dv_, Advocate for officiar Liquidator. High court _ for the State of TelanganalOpUO) 6 Two CD Copies M/ TPK /PR
HIGH COURT DATED :2210912025 IrlE Sh ) \\oo -)- rl . j$N i[2,;
ORDER
* * COMPA.No.208 of 2025 IN C.P.No. 82 of 2010 ORDERING THE COMPANY APPLICI\ TtON r( c1 \)/