Official Liquidator to invite
claims from workers, secured creditors &
preferential creditors of the company in
liquidation under Section 529 , 529A ... required to invite
claims from secured creditors, workmen and preferential
creditors of the company in liquidation. It is next submitted that
the Official Liquidator
Official Liquidator to invite
claims from workers, secured creditors &
preferential creditors of the company in
liquidation under Section 529 , 529A ... required to invite
claims from secured creditors, workmen and preferential
creditors of the company in liquidation. It is next submitted that
the Official Liquidator
2021 ORDER DATED: 27/09/2021
creditors & preferential creditors of the company in
liquidation under Section 529 , 529A & 530 of the
Companies ... Companies (Court)
Rules, 1959 claim from secured creditors, workmen
and preferential creditors of the Company in
liquidation are required to be called
2021 ORDER DATED: 27/09/2021
creditors & preferential creditors of the company in
liquidation under Section 529 , 529A & 530 of the
Companies ... Companies (Court)
Rules, 1959 claim from secured creditors, workmen
and preferential creditors of the Company in
liquidation are required to be called
Official Liquidator to
invite claims from workers secured creditors &
preferential creditors of the company in
liquidation under Section 529 , 529A ... enjoined to invite claims from the secured
creditors, workmen and preferential creditors of the company in
liquidation. The Official Liquidator would be appointing
Chartered Accountants
Official Liquidator to
invite claims from workers secured creditors &
preferential creditors of the company in
liquidation under Section 529 , 529A ... enjoined to invite claims from the secured
creditors, workmen and preferential creditors of the company in
liquidation. The Official Liquidator would be appointing
Chartered Accountants
paid and the Municipal
Corporation was indisputably not a preferential creditor and its dues
would not even otherwise come within the purview of the crown
Recovery of
Debts and Bankruptcy Act, 1993, a secured creditor has
preferential claim over the property-in-question against other
creditors and alikes ... SARFAESI Act and Bankruptcy Law makes it clear that the
secured creditors have preferential right of realization of their
dues against all other debts
only, if, there are sufficient funds remaining
after the claims of preferential creditors are settled and as on the date of
issuance of the communication ... funds are available
with the official liquidator after paying all the preferential creditors. The
Nigam is one such un-secured creditor
made in C.A.No.44 of 2005 claims from
all the creditors were called for. In response to the same 153 claims ... pertains to the workmen creditors of the company in liquidation, 5
claims from the secured creditors, 3 claims from the preferential
creditors and 9 claims
