https://www.taxtmi.com/caselaws?id=112085 The court ordered the recovery of Rs. 3,11,600 with interest at the rate of 12 per cent per annum in Company Application No. 25/2000. Despite challenges raised by the applicant in subsequent proceedings, including alleged non-receipt of notices and disbursement of the loan, the court confirmed the validity of the notices served by the Official Liquidator and upheld the disbursement of the loan to the applicant. Consequently, the court dismissed the applicant's challenge and maintained the recovery order. en-us Fri, 01 Feb 2008 00:00:00 +0530 Thu, 26 Apr 2012 15:32:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112085 The court ordered the recovery of Rs. 3,11,600 with interest at the rate of 12 per cent per annum in Company Application No. 25/2000. Despite challenges raised by the applicant in subsequent proceedings, including alleged non-receipt of notices and disbursement of the loan, the court confirmed the validity of the notices served by the Official Liquidator and upheld the disbursement of the loan to the applicant. Consequently, the court dismissed the applicant's challenge and maintained the recovery order. Case-Laws Companies Law Fri, 01 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112085