M/S Tulunadu Finance and v. Nil
Case brief
What is this about?
The High Court of Karnataka accepted an audit report filed by the Official Liquidator and dispensed with the statutory notice to creditors under Section 462(5) of the Companies Act, 1956. The court directed compliance with web-hosting requirements under Rule 305 of the Companies (Court) Rules, 1959.
What did the court decide?
Dispensation of notice to creditors; acceptance of audit report; direction to web-host report; direction to pay fees to auditor.