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    <title>2012 (12) TMI 588 - RAJASTHAN HIGH COURT</title>
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    <description>The Court upheld the Official Liquidator&#039;s decision to reject the interest claim post-winding up and unauthorized expenditures, deeming it legal. Final payments were to be made after adjudicating all claims, with the Official Liquidator granted a two-month extension to expedite claim processing. The Court dismissed the challenge to the claim rejection, emphasizing the importance of efficient handling of pending claims to avoid unnecessary delays in the liquidation process.</description>
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      <link>https://www.taxtmi.com/caselaws?id=219573</link>
      <description>The Court upheld the Official Liquidator&#039;s decision to reject the interest claim post-winding up and unauthorized expenditures, deeming it legal. Final payments were to be made after adjudicating all claims, with the Official Liquidator granted a two-month extension to expedite claim processing. The Court dismissed the challenge to the claim rejection, emphasizing the importance of efficient handling of pending claims to avoid unnecessary delays in the liquidation process.</description>
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