M/S Al-Ameen Islamic Benefit Fund Ltd. (in Liqn) v. Nil
Case brief
What is this about?
The High Court of Karnataka disposed of the application seeking appointment of an auditor for the Official Liquidator's accounts. The court approved the audit report on record, sanctioned fees per the court's fee schedule, and exempted the liquidator from mailing printed accounts to creditors due to an undertaking to upload reports online.
What did the court decide?
Approved audit report on record; approved auditor fees as per court schedule; dispensed with sending printed account to creditors if report is uploaded on website.