M/s.Taurus Earthmovers Limited (in liqn) v. Nil
Case brief
What is this about?
Official Liquidator; M/s Taurus Earthmovers Limited (in liquidation); half-yearly accounts 01.10.2023–31.03.2024; Independent Auditors' Report dated 31.05.2025; M/s KBS & Associates Chartered Accountants; audit fee Rs.500 plus GST; Estate and Establishment Fund account; reimbursement upon realization of assets; Section 462 Companies Act 1956; Rule 298; Rule 306 Companies (Court) Rules 1959; C.P.No. 82 of 2010; Company Application No. 208 of 2025; affidavit of Uttam Kumar Sahoo dated 01.08.2025; advocate J. Sreenath Reddy.
What did the court decide?
Half-yearly accounts (01.10.2023 to 31.03.2024) with the Auditor's Report dated 31.05.2025 taken on record; Official Liquidator permitted to pay audit fee of Rs.500 plus GST and to meet the payment from the available funds of the company (in liquidation) or, if unavailable, from the Estate and Establishment Fund account, subject to reimbursement upon realization of assets.