Disposed
M/S Cosmos Watch Industries Ltd. v. Nil
Karnataka HCCA/263/2020
Case brief
AI extract
What is this about?
The court approved the official liquidator's audit report and fixed auditor remuneration per the court's approved schedule. It also dispensed with the need to send printed account copies to creditors, accepting an undertaking to upload the audit report on the website, before disposing of the company application.
What did the court decide?
Audit report accepted; auditor fees fixed per schedule; circulation of printed accounts to creditors dispensed with; application disposed of.