https://www.taxtmi.com/caselaws?id=108380 The Court directed the Official Liquidator to pay Rs. 30 lakhs to 607 workmen of the Star of Gujarat Mills Co. Ltd. and to encash fixed deposits for this purpose. The claims of the workers were verified, resulting in a reduced amount. Discrepancies in the number of entitled workers were noted, and further verification was required. The Court directed verification of secured creditors' claims and the need for accurate distribution ratios. The application was disposed with instructions for the Official Liquidator to verify worker numbers, claims of a secured creditor, and to submit a fresh report for asset distribution. en-us Fri, 24 Jan 2003 00:00:00 +0530 Sat, 31 Mar 2012 12:53:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108380 The Court directed the Official Liquidator to pay Rs. 30 lakhs to 607 workmen of the Star of Gujarat Mills Co. Ltd. and to encash fixed deposits for this purpose. The claims of the workers were verified, resulting in a reduced amount. Discrepancies in the number of entitled workers were noted, and further verification was required. The Court directed verification of secured creditors' claims and the need for accurate distribution ratios. The application was disposed with instructions for the Official Liquidator to verify worker numbers, claims of a secured creditor, and to submit a fresh report for asset distribution. Case-Laws Companies Law Fri, 24 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108380