https://www.taxtmi.com/caselaws?id=96850 The Court held that successful litigants in a litigation against a company in liquidation are entitled to immediate and full payment of their costs, giving them priority over other creditors. The liquidator, representing the estate and creditors, must ensure prompt payment unless exceptional circumstances exist. The respondent was awarded costs for the appeal, affirming the priority principle for successful litigants in liquidation proceedings. en-us Tue, 01 Jul 1941 00:00:00 +0530 Wed, 11 Jan 2012 15:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96850 The Court held that successful litigants in a litigation against a company in liquidation are entitled to immediate and full payment of their costs, giving them priority over other creditors. The liquidator, representing the estate and creditors, must ensure prompt payment unless exceptional circumstances exist. The respondent was awarded costs for the appeal, affirming the priority principle for successful litigants in liquidation proceedings. Case-Laws Companies Law Tue, 01 Jul 1941 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96850