https://www.taxtmi.com/caselaws?id=213933 An interlocutory dispute over realised sale proceeds required an interim deposit to enable statutory claim invitation and initial dividend determination under the Companies Act; the court found the common fund available for pari passu distribution and directed an interim deposit to the Official Liquidator to permit claims (including workmen claims) to be invited and dividends provisionally computed. The request to compel early disclosure of interest earned on appropriated amounts was refused at this stage, with such particulars to be demanded from secured creditors during claim adjudication and final dividend computation. en-us Tue, 10 Apr 2012 00:00:00 +0530 Tue, 12 Jun 2012 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213933 An interlocutory dispute over realised sale proceeds required an interim deposit to enable statutory claim invitation and initial dividend determination under the Companies Act; the court found the common fund available for pari passu distribution and directed an interim deposit to the Official Liquidator to permit claims (including workmen claims) to be invited and dividends provisionally computed. The request to compel early disclosure of interest earned on appropriated amounts was refused at this stage, with such particulars to be demanded from secured creditors during claim adjudication and final dividend computation. Case-Laws Companies Law Tue, 10 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213933