- 1 - HC-KAR NC: 2025:KHC:26846 CA No. 447 of 2024 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 17TH DAY OF JULY, 2025 BEFORE THE HON'BLE MR. JUSTICE ASHOK S.KINAGI COMPANY APPLICATION NO. 447 OF 2024 IN COMPANY PETITION No. 44 OF 2001 BETWEEN: M/S ALPHA PRECISION COMPONENTS 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. JAGADEESHGOUD PATIL, ADVOCATE FOR OL) AND: NIL …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. Digitally signed by SUNITHA K S Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR NC: 2025:KHC:26846 CA No. 447 of 2024 THIS APPLICATION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: 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 - HC-KAR NC: 2025:KHC:26846 CA No. 447 of 2024 4. The learned Official Liquidator brings to the attention of this Court that the auditor vide communication dated 03.07.2025 demanded a bill/professional charges of Rs.29,097/-. Insofar as fixing of fee of auditor is concerned it is governed by the Companies (Court) Rules, 1959 and particularly, Rule 304, which prescribes the audit fee at a particular percentage. This Court in the year 2015 fixed the auditor fee at minimum of Rs.500/- with ceiling limit of Rs.4,000/- which was enhanced to Rs.6,000/-. The auditor is entitled for a maximum fees of Rs.6,000/- as per the order passed by this Court in C.A.No.1277/2014 dated 05.06.2015. 5. In that view of the matter, with regard to the fee payable in this case, the learned Official Liquidator is permitted to pay the fee, at the appropriate rate, in accordance with the range of fee now fixed. Accordingly, communication dated 03.07.2025 is rejected. The Official Liquidator is directed to make payment to the auditor as - 4 - HC-KAR NC: 2025:KHC:26846 CA No. 447 of 2024 ordered by this Court earlier in C.A.No.1277/2014 dated 05.06.2015. Accordingly, the application is disposed of. Sd/- (ASHOK S.KINAGI) JUDGE BVK List No.: 2 Sl No.: 1