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2025 DAILYLAW 28055 (KAR)

M/S PEGASUS TRAVELS LTD., (IN LIQN.,) v. NIL

CA/312/2024 · 2025-04-03

M I Arun

Civil Appealbody2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

- 1 - NC: 2025:KHC:14218 CA No. 312 of 2024 In COP No. 89 of 1998 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 3RD DAY OF APRIL, 2025 BEFORE THE HON'BLE MR JUSTICE M.I.ARUN COMPANY APPLICATION NO. 312 OF 2024 IN COMPANY PETITION NO. 89 OF 1998 BETWEEN: 1. M/S. PEGASUS TRAVELS 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 FOR OL) AND: 1. NIL …RESPONDENT THIS COMPANY APPLICATION IS FILED UNDER SECTION 462 OF THE COMPANIES ACT, 1956, READ WITH 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 31.03.2024 AND FIX HIS REMUNERATION AND ETC. THIS APPLICATION COMING ON FOR ORDERS, THROUGH PHYSICAL HEARING/VIDEO CONFERENCING THIS DAY, THE COURT MADE THE FOLLOWING: Digitally signed by H K HEMA Location: HIGH COURT OF KARNATAKA - 2 - NC: 2025:KHC:14218 CA No. 312 of 2024 In COP No. 89 of 1998 CORAM: HON'BLE MR JUSTICE M.I.ARUN ORAL ORDER The Official Liquidator has filed the audit report in terms of Section 462 read with Rule 11(b) and 298 of the Company (Court) Rules, 1959. The same is taken on record. 2. The fees payable to the Auditor is approved to be paid as per the schedule of fees approved by this Court. 3. The Official Liquidator is dispensed with sending a printed copy of the account to every creditor and other contributories, taking note of the undertaking that the audit report would be uploaded in the website. Accordingly, C.A.No.312/2024 is disposed off. Sd/- (M.I.ARUN) JUDGE PGG List No.: 2 Sl No.: 66