https://www.taxtmi.com/caselaws?id=108436 Where parties agree to abide by a statutory audit of the Corporation's accounts, the dispute over dues may be resolved by the audit outcome. The High Court recorded the consent of the parties, directed that the accounts be subject to statutory audit, and required the audit details to be supplied if already completed or, if not, for the audit to be conducted after notice to the petitioners. Any balance found payable was to be paid, and any excess was to be refunded, with interest at prevailing rates. The writ petition was disposed of on that basis, leaving financial adjustment to the audited result. en-us Fri, 21 Feb 2003 00:00:00 +0530 Sat, 31 Mar 2012 15:11:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108436 Where parties agree to abide by a statutory audit of the Corporation's accounts, the dispute over dues may be resolved by the audit outcome. The High Court recorded the consent of the parties, directed that the accounts be subject to statutory audit, and required the audit details to be supplied if already completed or, if not, for the audit to be conducted after notice to the petitioners. Any balance found payable was to be paid, and any excess was to be refunded, with interest at prevailing rates. The writ petition was disposed of on that basis, leaving financial adjustment to the audited result. Case-Laws Companies Law Fri, 21 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108436