Serpula similis (Berk. & Broome) Ginns, Mycologia, 63: 231, 1971 (Syn: ≡Merulius similis Berk. & Broome, ≡Sesia similis (Berk. & Broome) Kuntze, ≡Gyrophana similis (Berk. & Broome) Pat.) ?;
Hooghly – Fuligo sp. ??? : Attachments (11). 3 posts by 2 authors.
This one was growing on a dead log, recorded on 12/8/13.
My field guide doesn’t feature anything like this and i do not have any clue.
I don’t think this is a species of Fuligo, because I don’t find any characteristics of Myxomycetes (slime mould) in your images. Rather I would suggest Basidiomycetes. Anastomosing honeycomb gills and your observation date reminds me of Serpula spp. I think this is Serpula similis (Syn: Merulius similis), usually seen on dead deciduous logs during the monsoon in Bengal.
Thank you very much … for id, for detail.
My guess was wild, without any base.