M/S Vijaya Commercial Credit Ltd. (in Liqn) v. Nil
Case brief
What is this about?
Official Liquidator; M/s Vijaya Commercial Credit Ltd. (In Liqn.); Company Petition No. 125 of 2002; Company Application No. 546 of 2024; audit of Official Liquidator's accounts; half year ending 30.09.2024; Section 462 and Section 462(5) of the Companies Act, 1956; Rules 11(b), 298 and 304 of the Companies (Court) Rules, 1959; dispensation of notice to creditors and contributories; hosting of audit report on Official Liquidator's website; payment of fees to Chartered Accountant/auditor; winding up; Karnataka High Court at Bengaluru; NC: 2025:KHC:28401.
What did the court decide?
Company Application disposed of: the Official Liquidator's Audit Report (half year ending 30.09.2024) accepted; notice to creditors and contributories under Section 462(5) dispensed with on the Official Liquidator's undertaking to host the report on its website per Rule 304 of the Companies (Court) Rules, 1959; Official Liquidator directed to pay the Chartered Accountant's fees as ordered earlier.