M/S Bangalore Batteries Pvt. Ltd. (in Liqn) v. Nil
Case brief
What is this about?
This company application sought an order to appoint an auditor and fix remuneration for the official liquidator's accounts under Section 462 of the Companies Act, 1956. The court approved fees and dispensed with sending printed copies of accounts to creditors, noting that reports would be uploaded online.
What did the court decide?
Fees to the Auditor were approved as per the Court's schedule; Official Liquidator was dispensed from sending printed accounts to creditors.