https://www.taxtmi.com/caselaws?id=99447 The court addressed issues regarding payment to deceased or untraceable creditors, determination of claims by new creditors, handling of funds received by the official liquidator, and entitlement to commission. It was decided that small creditors do not need to produce succession certificates for payment, untraceable creditors' funds should be retained until found, new claims should be determined by the company, funds received by the official liquidator should be paid to the company, and no commission is payable on propounders' contribution. Fees are payable to the Central Government for other amounts realized, with no fees on payments to the company post-scheme sanction. en-us Mon, 22 Mar 1976 00:00:00 +0530 Fri, 27 Jan 2012 13:23:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99447 The court addressed issues regarding payment to deceased or untraceable creditors, determination of claims by new creditors, handling of funds received by the official liquidator, and entitlement to commission. It was decided that small creditors do not need to produce succession certificates for payment, untraceable creditors' funds should be retained until found, new claims should be determined by the company, funds received by the official liquidator should be paid to the company, and no commission is payable on propounders' contribution. Fees are payable to the Central Government for other amounts realized, with no fees on payments to the company post-scheme sanction. Case-Laws Companies Law Mon, 22 Mar 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99447