Allowed
The Official Liquidator v. -
Telangana HCCOMPA/1206/2012
Case brief
AI extract
What is this about?
The court approved and recorded the half-yearly audited accounts of a company in liquidation for the period April-September 2011. The application, filed by the Official Liquidator under Section 462 of the Companies Act, 1956, was allowed after verifying the auditor's report.
What did the court decide?
The half-yearly audited accounts are approved and taken on record; Official Liquidator permitted to pay balance audit fee; costs met from company funds.