Disposed
M/S U and I System Design Ltd. (in Liqn) v. Nil
Karnataka HCCA/440/2022
Case brief
AI extract
What is this about?
This court disposed of an application under Section 462(5) of the Companies Act, 1956 seeking appointment of an auditor for the official liquidator. The court accepted the submitted audit report, dispensed with notices to creditors by accepting web-hosting as inspection, and directed fee payment before closing the file.
What did the court decide?
Acceptance of the audit report, dispensation of notice to creditors/contributories via web-hosting undertaking, and direction to pay auditor fees.