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Karnataka High Court

M/S Primus Retail Pvt Ltd (In Liqn) vs Nil on 24 July, 2025

                                              -1-
                                                            NC: 2025:KHC:28396
                                                            CA No. 541 of 2024


                   HC-KAR




                   IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                            DATED THIS THE 24TH DAY OF JULY, 2025

                                           BEFORE

                         THE HON'BLE MR. JUSTICE ASHOK S.KINAGI

                          COMPANY APPLICATION NO. 541 OF 2024
                                          IN
                            COMPANY PETITION No. 30 OF 2012
                              C/W 1 OF 2012 & 181 OF 2011

                   BETWEEN:

                   M/S PRIMUS RETAIL PVT. LTD. (IN LIQN).
                   REP. BY OFFICIAL LIQUIDATOR,
                   HIGH COURT OF KARNATAKA
                   CORPORATE BHAVAN,
                   12TH FLOOR, RAHEJA TOWERS, NO 26-27,
                   M G ROAD, BENGALURU 560001
                                                                  ...APPLICANT

                   (BY SRI. K.S. MAHADEVAN, FOR OL)
Digitally signed
by KIRAN           AND:
KUMAR R
Location: HIGH
COURT OF           NIL
KARNATAKA
                                                                ...RESPONDENT
                   (RESPONDENT-NIL)

                        THIS COMPANY APPLICATION IS FILED UNDER SECTION
                   462(5) OF THE COMPANIES ACT, 1956, R/W RULES 11(b) AND
                   298 OF THE COMPANIES (COURT) RULES, 1959, PRAYING TO
                   APPOINT AN AUDITOR TO AUDIT THE ACCOUNTS OF THE
                   OFFICIAL LIQUIDATOR FOR THE HALF YEAR ENDING
                   30.09.2024 AND FIX THE REMUNERATION.
                               -2-
                                             NC: 2025:KHC:28396
                                             CA No. 541 of 2024


HC-KAR




     THIS APPLICATION, COMING ON FOR ORDERS, THIS
DAY, ORDER WAS MADE THEREIN AS UNDER:

CORAM: HON'BLE MR. JUSTICE ASHOK S.KINAGI

                         ORAL ORDER

1. The Official Liquidator has filed an application placing on record the Audit report, as contemplated under Section 462 of the Companies Act, 1956.

2. The Audit report is accepted for the reasons stated therein and notice to the creditors and contributories as contemplated under Section 462(5) of the Companies Act, 1956 is dispensed with on the submission of the Official liquidator as the assurance this Audit report would be hosted in the Official Liquidator's website so as to enable the inspection by the creditors and contributories in terms of Rule 304 of the Companies (Court) Rules, 1959.

3. Notice to the creditors and contributories is dispensed with taking note of the undertaking. -3-

NC: 2025:KHC:28396 CA No. 541 of 2024 HC-KAR

4. The Official Liquidator is directed to make payment of the fees to the Chartered Accountant as ordered by this Court earlier.

5. Accordingly, this Company Application is disposed of.

Sd/-

(ASHOK S.KINAGI) JUDGE RK CT:KHV List No.: 2 Sl No.: 32