Disposed
M/S Kalyan Keonics Ltd. (in Liqn) v. Nil
Karnataka HCCA/439/2022
Case brief
AI extract
What is this about?
In an application under Section 462(5) of the Companies Act, 1956 for appointing an auditor to audit the Official Liquidator's accounts, the High Court of Karnataka accepted the audit report and dispensed with the notice to creditors provided under Section 462(5) and Rule 305 of the Companies (Court) Rules, 1959 upon the Official Liquidator's undertaking.
What did the court decide?
The audit report was accepted; notice to creditors was dispensed with upon the Official Liquidator's undertaking that the report would be web-hosted; fees payment was directed.