https://www.taxtmi.com/caselaws?id=112621 The judgment addressed various issues including payment of dues to workmen employed at the time of closure, claims of workers not employed at closure, disposal of company applications, objections by State Bank of India, protection of the Bank's interests, revival of the company, handover of company properties, and investment of remaining funds by the Official Liquidator. The Court allowed Company Application No. 1294 of 2007, directed the handover of company properties to the applicant, and instructed the Official Liquidator to invest remaining funds in fixed deposits for efficient management post-revival, with no order as to costs for the applications. en-us Mon, 03 Aug 2009 00:00:00 +0530 Tue, 04 Nov 2014 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112621 The judgment addressed various issues including payment of dues to workmen employed at the time of closure, claims of workers not employed at closure, disposal of company applications, objections by State Bank of India, protection of the Bank's interests, revival of the company, handover of company properties, and investment of remaining funds by the Official Liquidator. The Court allowed Company Application No. 1294 of 2007, directed the handover of company properties to the applicant, and instructed the Official Liquidator to invest remaining funds in fixed deposits for efficient management post-revival, with no order as to costs for the applications. Case-Laws Companies Law Mon, 03 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112621