Company court dispensed with notice to creditors and contributories for filing half-yearly audit report and permitted payment of auditor's fee as per court guidelines.
Dispensation of notice to creditors and contributories permitted; auditor's fee payable per court guidelines.
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1
IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 7TH DAY OF APRIL, 2021
BEFORE
THE HON'BLE MR. JUSTICE S. SUNIL DUTT YADAV
COMPANY APPLICATION NO.222/2020 IN COMPANY PETITION NO.77/1991
BETWEEN:
M/s.A.E.S.Chemicals Pvt. Ltd.,(in liqn.) Represented by Official Liquidator, High Court of Karnataka, Corporate Bhavan, 12th Floor, Raheja Towers, No.26-27, M.G.Road, Bengaluru-560001.
(By Ms.Krutika Raghavan, Advocate)
AND:
NIL
...Respondent
This Company Application is filed under Section 462 of the Companies Act, 1956 read with Rules 11(b) and 298 of the Companies (Court) Rules, 1959, praying to appoint an auditor to audit the accounts of the Official Liquidator for the half year ending 31.03.2020 and fix his remuneration; and etc.,
This Company Application coming on for Orders, this day, the Court made the following:
2
O R D E R
The Official Liquidator has filed an application placing on record half yearly audit report as contemplated under Section 462 of the Companies Act, 1956. The same is taken note of.
3
off.
Sd/JUDGE
NS
3 issues framed by the court
Whether notice to creditors and contributories can be dispensed with for half-yearly audit report.
Whether Official Liquidator is permitted to make payment of auditor's fee per court guidelines.
Whether appointment of auditor for half year accounts is to be ordered.
4 provisions across 2 enactments
M/s.A.E.S.Chemicals Pvt. Ltd.(in liqn.)
S. SUNIL DUTT YADAV
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
