https://www.taxtmi.com/caselaws?id=98143 The court ruled in favor of the applicants, granting them the refund of the earnest money deposit and withheld amounts with interest. However, the claims for priority of payment based on ownership, lien, and trust were rejected. The court directed the liquidator to determine the total figures for preferential payments and available surplus before making the payment. Each party was instructed to bear their own costs. en-us Thu, 05 Sep 1963 00:00:00 +0530 Thu, 19 Jan 2012 13:12:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98143 The court ruled in favor of the applicants, granting them the refund of the earnest money deposit and withheld amounts with interest. However, the claims for priority of payment based on ownership, lien, and trust were rejected. The court directed the liquidator to determine the total figures for preferential payments and available surplus before making the payment. Each party was instructed to bear their own costs. Case-Laws Companies Law Thu, 05 Sep 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98143