Disposed
M/S Mercara Curers Pvt. Ltd.,(in Liqn) v. Nil
Karnataka HCCA/482/2022
Case brief
AI extract
What is this about?
The High Court of Karnataka considered an application under Section 462 of the Companies Act, 1956 and Rule 298 of the Companies (Court) Rules, 1956, to appoint an auditor for the Official Liquidator. The Court accepted the submitted Audit Report, dispensed with notice to creditors under Section 462(5) due to web-hosting undertakings, and directed fees payment before disposing of the matter.
What did the court decide?
The Order accepted the Audit Report, dispensed with notice to creditors/contributories, and directed payment of fees to the Chartered Accountant.