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Karnataka High Court

M/S Primus Retail Pvt Ltd (In Liqn) vs Nil on 19 December, 2024

                                               -1-
                                                           NC: 2024:KHC:52829
                                                           CA No. 330 of 2024
                                                                    IN
                                                           COP No.30 of 2012
                                                                         C/W
                                                           COP No. 1 of 2012,
                                                          COP No. 181 of 2011


                        IN THE HIGH COURT OF KARNATAKA AT BENGALURU
                          DATED THIS THE 19TH DAY OF DECEMBER, 2024
                                           BEFORE
                            THE HON'BLE MR JUSTICE ASHOK S.KINAGI
                             COMPANY APPLICATION NO. 330 OF 2024
                                             IN
                               COMPANY PETITION NO.30 OF 2012
                                              C/W
                               COMPANY PETITION NO.1 OF 2012
                              COMPANY PETITION NO.181 OF 2011
                   BETWEEN:

                   1.   M/S PRIMUS RETAIL PVT LTD (IN LIQN)
                        REPRESENTED BY OFFICIAL LIQUIDATOR, HIGH COURT
                        OF KARNATAKA, CORPORATE BHAVAN, 12TH FLOOR,
                        RAHEJA TOWERS, NO. 26-27, M G ROAD, BENGALURU
                        560 001.
                                                                   ...APPLICANT
                   (BY SRI. K S MAHADEVAN.,ADVOCATE)
                   AND:
                   1. NIL

Digitally signed                                                 ...RESPONDENT
by B VEENA
KUMARI                  THIS COMPANY APPLICATION IS FILED UNDER SECTION
Location: HIGH     462(5) OF THE COMPANIES ACT, 1956 R/W RULES 11(B) AND 298
COURT OF           OF THE COMPANIES (COURT) RULES, 1959, PRAYING THIS HON'BLE
KARNATAKA          COURT TO:TO APPOINT AN AUDITOR TO AUDIT THE ACCOUNTS OF
                   THE OFFICIAL LIQUITATOR FOR THE HALF YEAR ENDING 31.03.2024
                   AND FIX THE REMUNERATION.



                        THIS COMPANY APPLICATION, COMING ON FOR FINAL
                   HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
                               -2-
                                           NC: 2024:KHC:52829
                                          CA No. 330 of 2024
                                                   IN
                                          COP No.30 of 2012
                                                        C/W
                                          COP No. 1 of 2012,
                                         COP No. 181 of 2011




CORAM:    HON'BLE MR JUSTICE ASHOK S.KINAGI


                          ORAL ORDER

Official Liquidator has filed an application placing on record, 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 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 is dispensed with taking note of the undertaking.

-3-

NC: 2024:KHC:52829 CA No. 330 of 2024 IN COP No.30 of 2012 C/W COP No. 1 of 2012, COP No. 181 of 2011

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

Sd/-

(ASHOK S.KINAGI) JUDGE RCK List No.: 1 Sl No.: 1