https://www.taxtmi.com/caselaws?id=220676 The court directed SPIL and other parties to comply with previous judgments, returning misappropriated funds to Canara Bank. The IT Department was instructed to release attached funds to SPIL for transfer to Canara Bank. Compliance with court orders was emphasized to protect secured creditors' interests and ensure justice in DAIL's winding-up proceedings. Appeals by CHPL, KCPH, and SPIL were dismissed, and SPIL's writ petitions resulted in an interim order restraining fund release to other parties. Canara Bank's SLP was dismissed, urging expedited hearing of pending writ petitions by the Madras High Court. en-us Thu, 17 Jan 2013 00:00:00 +0530 Tue, 05 Feb 2013 07:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220676 The court directed SPIL and other parties to comply with previous judgments, returning misappropriated funds to Canara Bank. The IT Department was instructed to release attached funds to SPIL for transfer to Canara Bank. Compliance with court orders was emphasized to protect secured creditors' interests and ensure justice in DAIL's winding-up proceedings. Appeals by CHPL, KCPH, and SPIL were dismissed, and SPIL's writ petitions resulted in an interim order restraining fund release to other parties. Canara Bank's SLP was dismissed, urging expedited hearing of pending writ petitions by the Madras High Court. Case-Laws Companies Law Thu, 17 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220676