BSECompany Update6d ago · 14 Aug 2026, 06:32 pm

Intimation of the Order passed by the Hon''ble High Court for the State of Telangana dated 13.08.2026 with regard to updating MCA records and processing of DIR-12 and connected statutory ....

Skyline Ventures India Ltd · 538919

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Skyline Ventures India Ltd has received an order from the Hon'ble High Court for the State of Telangana, directing the Registrar of Companies, Telangana, to consider the company's representations regarding updating of MCA records and processing of DIR-12 and connected statutory filings within two weeks.

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Governance Concern3/10
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Liquidity Impact6/10
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Skyline Ventures India Ltd - 538919 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

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Date: 14th August, 2026 Listing Compliance Department M/s BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400001 Scrip Code: 538919 Dear Sir/Madam, Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Intimation of Order dated 13.08.2026 passed by the Hon’ble High Court for the State of Telangana in W.P. No. 18205 of 2026 Dear Sir/Madam, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform the Stock Exchange that Skyline Ventures India Limited (“the Company”) had filed W.P. No. 18205 of 2026 before the Hon’ble High Court for the State of Telangana at Hyderabad seeking appropriate directions in relation to updating of the Company’s MCA records and processing of DIR-12 and connected statutory filings in accordance with law. The Hon’ble High Court for the State of Telangana, vide its order dated 13.08.2026, has directed Respondent No. 2, namely the Registrar of Companies, Telangana, to consider the representations submitted by the Company dated 16.01.2026, 20.02.2026 and 29.05.2026 relating to updating of MCA records and processing of DIR-12 and connected statutory filings, in accordance with law, within a period of two (2) weeks from the date of receipt of a copy of the said order. The said writ petition was filed under Article 226 of the Constitution of India, inter alia seeking appropriate administrative steps for enabling the on boarding of at least one Director and/or the Company Secretary of the Company on the MCA21 portal and for processing and updating the MCA records and statutory filings, including DIR-12 and connected forms, in accordance with law. The Company will take all necessary steps in accordance with the aforesaid order and will extend the requisite cooperation and furnish necessary documents/information to the Registrar of Companies for consideration of the aforesaid representations. The information required under sub-para 8 of Para B of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, read with the applicable SEBI Circulars, is enclosed herewith as Annexure A. CIN: L45200TG1988PLC009272 Regd. Off: Workafella, Cyber Crown - 424, Sec-II, HUDA Techno Enclave, Madhapur, Telangana-500081. Email id: csskylineventures@gmail.com; website: www.slvdigital.in, Mobile No: 7207949189 A copy of the order dated 13.08.2026 passed by the Hon’ble High Court for the State of Telangana is enclosed for your information and records. This is for your information and records. Yours Truly, For SKYLINE VENTURES INDIA LIMITED K J R Lakshmana Rao Company Secretary & Compliance Officer Encl: The Hon’ble Telangana High Court Order Dated 13.08.2026 CIN: L45200TG1988PLC009272 Regd. Off: Workafella, Cyber Crown - 424, Sec-II, HUDA Techno Enclave, Madhapur, Telangana-500081. Email id: csskylineventures@gmail.com; website: www.slvdigital.in, Mobile No: 7207949189 Information pursuant to sub-para 8 of Para B of Part A of Schedule III of SEBI (LODR) Regulations, 2015 S.No. Particulars Details 1 Name of the opposing party 1. Union of India, represented by the Secretary, Ministry of Corporate Affairs; 2. Registrar of Companies, Telangana; 3. Regional Director, Ministry of Corporate Affairs, South East Region 2 Date of initiation of the litigation / W.P. No. 18205 of 2026 was filed by dispute the Company on 12.06.2026 before the Hon’ble High Court for the State of Telangana at Hyderabad. 3 Brief details of dispute/litigation The Company approached the Hon’ble High Court seeking appropriate directions in relation to updating of its MCA records and processing of DIR-12 and connected statutory filings in accordance with law. The petition, inter alia, sought appropriate administrative steps, including utilization of the mechanism available under MCA General Circular No. 03/2015 dated 03.03.2015, to enable onboarding of at least one Director and/or the Company Secretary of the Company on the MCA21 portal and to process and update the Company’s MCA records and statutory filings, including DIR-12 and connected forms. 4 Status of the litigation / dispute as per The Company had filed the aforesaid last disclosure writ petition before the Hon’ble High Court seeking directions in relation to updating of MCA records and processing of DIR-12 and connected statutory filings. 5 Current status of the litigation / The Hon’ble High Court, vide order dispute dated 13.08.2026, directed Respondent No. 2 – Registrar of Companies, Telangana, to consider the Company’s representations dated 16.01.2026, 20.02.2026 and 29.05.2026 relating to updating of MCA records and processing of DIR- 12 and connected statutory filings, in accordance with law, within two (2) CIN: L45200TG1988PLC009272 Regd. Off: Workafella, Cyber Crown - 424, Sec-II, HUDA Techno Enclave, Madhapur, Telangana-500081. Email id: csskylineventures@gmail.com; website: www.slvdigital.in, Mobile No: 7207949189 weeks from the date of receipt of a copy of the order. 6 Court/ tribunal/agency where The Hon’ble High Court for the litigation is filed State of Telangana, Hyderabad 7 Expected financial implications, if any, Nil. The order does not impose any due to compensation, penalty etc compensation or penalty upon the Company. 8 Quantum of claims, if any None 9 The details of any change in the status Pursuant to the order dated and / or any development in relation to 13.08.2026, the Registrar of such proceedings Companies, Telangana is required to consider the Company’s representations dated 16.01.2026, 20.02.2026 and 29.05.2026 concerning updating of MCA records and processing of DIR-12 and connected statutory filings, in accordance with law, within two weeks from receipt of a copy of the order. 10 In the case of litigation against key Not applicable management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings 11 In the event of settlement of the Not Applicable proceedings, details of such settlement including - terms of the settlement, compensation/penalty paid (if any) and impact of such settlement on the financial position of the listed entity CIN: L45200TG1988PLC009272 Regd. Off: Workafella, Cyber Crown - 424, Sec-II, HUDA Techno Enclave, Madhapur, Telangana-500081. Email id: csskylineventures@gmail.com; website: www.slvdigital.in, Mobile No: 7207949189 [ 3183 I HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD THURSDAY, THE THIRTEENTH DAY OF AUGUST SIX .-- TWO THOUSAND AND TWENry :PRESENT: THE HONOURABLE SRI JUSTICE B.VIJAYSEN REDDY WP NO: 18205 OF 2026 /. Between SKYLINE VENTURES INDIA LltMlrED, A company incorporated under the provisions Of the Companies Act, 1956 (As continued under The Companies Act,2013), bearing CIN No. L45200TG1988PLC009272, having its Registered Office at Workafella, Cyber Crown - 424, Sec-ll, HUDA Techno Enclave, Madhapur, Shaikpet, Hyderabad 500 081, Telangana, represented by its Authorized Representative Mr.K J R Lakshmana Rao S/o. Late K Rafnakrishna Rao, aged 62 years ....PETITIONER 1. UNION OF lNDlA, Represented by its Secretary, lMinistry of Corporate Affairs, A-Wing, Shastri Bhavan, Dr. Rajendra Prasad Road, New Delhi 110 001. 2. THE REGISTRAR OF COMPANIES, TELANGANA, Ministry of Corporate Affairs, Corporate Bhavan, Bandlaguda, Nagole, Hyderabad 500 068. 3. THE REGIONAL DIRECTOR, Ministry of Corporate Affairs, South East Region, Corporate Bhavan, Bandlaguda, Nagole, Hyderabad 500 068. .....RESPONDENTS Petition under Article 226 of the Constitution of lndia praying that in the circumstances stated in the affidavit filed therewith, the High Court may be pleased to issue a Writ, Order or direction more particularly in the nature of a Writ of lVandamus or any other appropriate order, declaring the arbitral and unreasonable action of Respondents NO.1 to 3 in not processing and updating the tt/ [Showing first 8,000 characters — download PDF for full document]