Supreme Court Dismisses Appeal; Appellant May Seek Insolvency Set-Off for Payments to Liquidating Company.

The SC dismissed the appeal, finding no justification to alter the impugned judgment. The appellant may pursue insolvency set-off for payments made during the look-back period to the liquidating company, subject to legal procedures. The merits of the claim were not examined, and pending applications will be resolved accordingly.

---

---

The Supreme Court dismissed the appeal, stating no good reason to interfere with the impugned judgment. The appellant may be entitled to insolvency set-off for payments made during the look back period to the company under liquidation, to be dealt with according to the law. No examination of the claim's merits was done, and pending applications will be disposed of.

---