https://www.taxtmi.com/caselaws?id=112096 The court decreed in favor of the plaintiff for the principal amount and interest at 21% per annum. The plaintiff's request to withdraw the deposited amount was rejected, and the official liquidator was instructed to treat it as part of the defendant-company's assets for disbursement according to the Companies Act. The plaintiff's claim was treated as that of a secured creditor, ensuring equitable treatment among creditors. en-us Mon, 18 Feb 2008 00:00:00 +0530 Fri, 12 Dec 2014 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112096 The court decreed in favor of the plaintiff for the principal amount and interest at 21% per annum. The plaintiff's request to withdraw the deposited amount was rejected, and the official liquidator was instructed to treat it as part of the defendant-company's assets for disbursement according to the Companies Act. The plaintiff's claim was treated as that of a secured creditor, ensuring equitable treatment among creditors. Case-Laws Companies Law Mon, 18 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112096