every person mentioned in the statement of affairs as a preferential creditor whose claim to be a preferential creditor has not been established ... knowledge of the Company Liquidator claims to be a creditor or preferential creditor of the company and whose claim has not been admitted
substantiated and the affidavit shall state whether the creditor is a secured creditor or a preferential creditor and if so shall set out the particulars
Companies (Winding Up) Rules, 2020
UNION OF INDIA
India
Companies (Winding Up) Rules, 2020
Rule
liquidation) was directed to invite claims of
classes of creditors i.e. secured creditors,
workers, preferential creditors etc., and to
appoint the Chartered Accountant ... Official Liquidator invited
claim of all classes of creditors i.e. secured
creditors, workers, preferential creditors,
unsecured creditors and shareholders /
contributories of the Commercial Ahmedabad
liquidation) was directed to invite claims of
classes of creditors i.e. secured creditors,
workers, preferential creditors etc., and to
appoint the Chartered Accountant ... Official Liquidator invited
claim of all classes of creditors i.e. secured
creditors, workers, preferential creditors,
unsecured creditors and shareholders /
contributories of the Commercial Ahmedabad
financial debt and 152-158
financial creditor
27. The respondent mortgagees are not 158-171
the financial creditors of corporate
debtor JIL
28. Summation on second ... benefit of its creditor i.e. JAL and putting it in a
beneficial position vis-à-vis other creditors is a preferential
transactions
submitted that the Official Liquidator has
received 60 claims from creditors of the company in
liquidation. Out of the 60 claims, 56 claims have been ... permitted to declare and pay 100
paise in a rupee to preferential Creditors for Rs.49,39,023/-
and 10 paise in a rupee
submitted that the Official Liquidator after debt
realization invited claims from the creditors as per the Hon'ble High
Court order dated ... Liquidator to declare 100 paise dividend to the Preferential
Creditors and 50 paise to Ordinary Creditors.
6. It is submitted that as on the date
loan account cannot be appropriated to the detriment of
the other preferential creditors as indicated in Section 529-A of the Act. In that view ... aspects are kept in view and if the interest of the preferential creditors
of the Company in the liquidation proceedings is protected, the direction issued
said amount is not
sufficient to invite claims from the creditors. In fact, claim
of Rs.1,19,47,275/- has been made upon ... assessment year 2008-09 and 2009-10, who is a
preferential creditor.
5. In light of the above and noticing that the only
sum available
