https://www.taxtmi.com/caselaws?id=103507 A creditor in liquidation cannot be treated as a secured creditor against the official liquidator unless the charge over the company's assets is properly created, registered, and supported by the statutory requirements governing secured claims and winding-up proceedings; on these facts, secured status was refused. A rejection of claims for expenses and interest must be made by applying the relevant rules and by a reasoned order; where the official liquidator does not address those criteria, the rejection cannot stand. The claim for secured status was therefore rejected, while the claims for expenses and interest were restored for fresh determination in accordance with law. en-us Fri, 25 Feb 1994 00:00:00 +0530 Thu, 23 Feb 2012 13:25:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103507 A creditor in liquidation cannot be treated as a secured creditor against the official liquidator unless the charge over the company's assets is properly created, registered, and supported by the statutory requirements governing secured claims and winding-up proceedings; on these facts, secured status was refused. A rejection of claims for expenses and interest must be made by applying the relevant rules and by a reasoned order; where the official liquidator does not address those criteria, the rejection cannot stand. The claim for secured status was therefore rejected, while the claims for expenses and interest were restored for fresh determination in accordance with law. Case-Laws Companies Law Fri, 25 Feb 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103507