https://www.taxtmi.com/caselaws?id=257477 The court granted permission for the Official Liquidator to declare interest at 4% per annum on claims by ex-employees of the company in liquidation, dispensing with the publication of notice of declaration. The court directed the Official Liquidator to work with an association to facilitate payments to scattered ex-employees, with funds to be transferred to the association for distribution to members providing necessary details. Additionally, the Official Liquidator was allowed to transfer unclaimed dividend in compliance with the Companies Act and open a separate dividend account. Detailed instructions were provided for timely payment processing. en-us Thu, 21 Aug 2014 00:00:00 +0530 Fri, 13 Mar 2015 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257477 The court granted permission for the Official Liquidator to declare interest at 4% per annum on claims by ex-employees of the company in liquidation, dispensing with the publication of notice of declaration. The court directed the Official Liquidator to work with an association to facilitate payments to scattered ex-employees, with funds to be transferred to the association for distribution to members providing necessary details. Additionally, the Official Liquidator was allowed to transfer unclaimed dividend in compliance with the Companies Act and open a separate dividend account. Detailed instructions were provided for timely payment processing. Case-Laws Companies Law Thu, 21 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257477