M/S. Ramya Housing Ltd. (in Liqn) v. Nil
Companies Act, 1956 – Section 462 – winding up – Official Liquidator's accounts
Case brief
What is this about?
Karnataka HC (Bengaluru), 24-04-2026, Anant Ramanath Hegde J — CA No. 292 of 2025 in COP No. 80 of 1996 — M/s Ramya Housing Ltd (In Liqn) represented by Official Liquidator v. NIL — acceptance of Official Liquidator's half-yearly Audit Report (ending 30/9/2025) under Section 462 of the Companies Act, 1956; dispensation of notice to creditors and contributories under Section 462(5) subject to web-hosting of audit report per Rule 304, Companies (Court) Rules, 1959; payment of auditor's fees per applicable schedule; application disposed. Keywords: winding up, official liquidator audit, Section 462, dispensation of notice, Companies (Court) Rules.
What did the court decide?
Audit report of the Official Liquidator accepted; notice to Creditors and Contributories under Section 462(5) of the Companies Act, 1956 dispensed with subject to the Audit report being hosted on the Official Liquidator's website for inspection in terms of Rule 304 of the Companies (Court) Rules, 1959; Official Liquidator permitted to pay the Chartered Accountant's fees as per the applicable schedule.