Authority: National Company Law Tribunal (NCLT), Kochi Bench

Order Date: 09 June 2026

Case Overview

This order pertains to an Interlocutory Application (IA No. IA(C/ACT)/134/KOB/2026) filed by the Official Liquidator of the High Court of Kerala in connection with a main Company Petition (CP(CAA)/1/KOB/2026) concerning a Scheme of Amalgamation. The application sought the tribunal's permission to engage a chartered accountant to scrutinize the books of accounts, statutory registers, and other relevant records of the Transferor Companies involved in the amalgamation. The Transferor Companies are M/s. Bhima Boutique Private Limited (Transferor Company 1) and M/s. Bhima Jewels Kochi Private Limited (Transferor Company 2). The Official Liquidator, Mr. Arjun C, appeared in person through virtual mode. The tribunal, comprising Shri Vinay Goel (Member Judicial) and Shri Ravichandran Ramasamy (Member Technical), heard the applicant and perused the application.

The specific reliefs sought were:

  • Permission for the Official Liquidator to engage the services of Sri K.P. Paulson of Paulson & Company, Chartered Accountants (37/2830, Main Road, Desabhimani Junction, Kaloor, Kochi 682 017) from its panel.
  • A direction for the Transferor Companies to pay the chartered accountant's fees of Rs. 45,000 plus GST directly.

Final Outcome

The NCLT allowed the application. It permitted the Official Liquidator to engage the specified chartered accountant firm for the scrutiny work. The tribunal directed that the fees of ₹45,000, plus the applicable GST, are to be borne and paid directly to the chartered accountant by the Transferor Companies (Bhima Boutique Private Limited and Bhima Jewels Kochi Private Limited). The application was disposed of as allowed.

Topics: Corporate Amalgamation, Regulatory Compliance