M/S Cuthberts Textiles India Pvt. Ltd. (in Liqn) v. Nil
Case brief
What is this about?
Karnataka High Court, Bengaluru; Company Application No. 497 of 2024 in Company Petition No. 106 of 2009; applicant M/s Cuthberts Textiles India Pvt. Ltd. (In Liqn.) represented by Official Liquidator (advocate Sri Jagadeeshgoud Patil); decided 17 July 2025 by Justice Ashok S. Kinagi. Official Liquidator's audit report under Section 462, Companies Act 1956 accepted; notice under Section 462(5) to creditors and contributories dispensed with on undertaking to publish report on Official Liquidator's website per Rule 304, Companies (Court) Rules 1959; fees payable to Chartered Accountant as earlier ordered; application disposed. Keywords: official liquidator audit, half year ending 30.09.2024, winding up, companies court rules, dispensation of notice.
What did the court decide?
Audit report of the Official Liquidator accepted; notice to creditors and contributories under S. 462(5) dispensed with on the Official Liquidator's undertaking to host the report on its website for inspection in terms of Rule 304, Companies (Court) Rules, 1959; Official Liquidator directed to pay fees to the Chartered Accountant as earlier ordered; Company Application disposed of.