M/S Ramya Housing Ltd. (in Liqn) v. Nil
Case brief
What is this about?
The High Court of Karnataka accepted an Audit Report filed by the Official Liquidator of M/S. Ramya Housing Ltd. The notice to creditors under Section 462(5) was dispensed with upon assurance of web-hosting. Fees to the auditors were directed to be paid, and the application was disposed.
What did the court decide?
Audit Report accepted; notice to creditors dispensed; Official Liquidator directed to pay Chartered Accountant fees; application disposed.