M/S.Genius Financial Services Limited(In Liqn) v. No Respondent
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IN THE HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD
IVIONDAY,THE TWENTY SECOND DAY OF SEPTEIUBER TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE K.LAKSHMAN COMPANYAPPLICATION NO:231 OF 2025 IN C.P.No. 85 of 1997 & 108 of 1998 ln the matter of the Companies Act, 1956 And ln the matter of M/s Genius Financial Services 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 Rule 306 of the Companies (Court) Rules 1959 praying that this Hon'ble Court may be pleased to :
take the half-yeady accounts of the subject company (in liquidation) for the period from 01.04.2023 to 30.09.2023, along with lndependent Auditors' Report dated 04.07.2025 submitted on 08.07.2O25 by M/s. Murthy and .Kanth, Chartered Accountants on record and permission 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.
II This application coming on for orders, upon reading the Judge's summons and the affidavit dated 06.08-2025 filed by Sri Uttam Kumal 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 Liq uidator/Applicant. The Court made the following: ORDER
.a7 THE HONOURABLE SRT JUSTICE K. LAI SHMAN COMPAN YAPPLICATI ON No. 231 of_1025 inC .No-85 oI I 7&108of l99E ORDER:
Heard Sri J.Sreenath Reddy, leamed counseL for the Official Liquidator.
2.
Having satisfied with the reasons mentioned it the supporting affidavit, and upon considering the halfl-yearly accot nts filed by the leamed Official Liquidator, this application is or lered with the lollowing:- a. The half-yearly accounts of the subject Compz ry, which is in liquidation for the period fiom 01.04.2023 to jl 09.2023, along with the Auditor's Report dated 27.05.2025 submitted on 03.06.2025 by iWs.Murthy & Kanth, Charrer:
l Accountants, are taken on record.
. b. Permission is accorded to the leamed Official t i luidator to pay an audit lee of Rs.500/- plus GST to the Audito:- c. Permission is also accorded to the leamed Ofli :ial Liquidator to make the said payment from the availablr funds of the Company (in liquidation), or from the Estate an,l Establishment Fund account if no fund is available in the Comp rny's account, subject to reimbursement fiom the funds of.
Company (in liqui4qtion) upon realization of its assets.
SD/.'I , (RISHNA KUMAR J )INT REGISTRAR ,/ //TRUE COPY// I]:CTION OFFICER T o,
1. Th -. *.31 e. Official Liquidator, M/s Genius Financial Services Lirr i 1 st fl oor, co rporate Br1ayen. a; rdl;d G !'iilEJlq. rd (in liqn), Office 'abad.
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2. The Reoistrar of Comoanies, Ministry of Corporate Affairs Government of lndia, 2rd Floor, Corpdrate Bhawan. Nagole. Bandlaguda, Thattiannarama Village, Hayathnagdr Mandal, Ranga Reddy District, Telangana State Pin Code-500068.
3 ihe Reqional Director, South Eastern Region, Ministry of Corporate Affairs, 3'd Flooi, Corporate Bhawan, Nagole, Bandlaguda, Thattiannaram ^Village, Hayathnagar 'Mandal, Ranga Reddy District, Telangana State Pin Code 500068
4. The Section Officer, O.S.Section, High Court of Hyderabad for the State of Telangana
5. One iC to Sri J.sreenath Reddy, Advocate for Official Liquidator, High Court for the State of Telangana(OPUC)
6. Two CD Copies TPK /PSL I
HIGH COURT DATED:2210912025 I I ...:.:'
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ORDER
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_-:.::t_ti---.:, COMPA.No.231 of 2025 IN, C.P.No. 85 of 1997 & 108 of 1998 ORDERING THE COMPANY APPLICA,''ION @