https://www.taxtmi.com/caselaws?id=280135 Under the DRT Act, the Debt Recovery Tribunal and Recovery Officer have exclusive jurisdiction over adjudication and execution issues arising from a recovery certificate, including determination of priorities between secured creditors and workmen. A company court cannot order direct disbursement of workmen's dues on an asserted admission without Tribunal adjudication. To protect the claim pool pending decision, the retained amount was to be kept in fixed deposit, with the Tribunal to invite and scrutinise claims, quantify dues, and distribute funds in accordance with the pari passu statutory priority scheme, including workmen's claims. en-us Wed, 11 Aug 2004 00:00:00 +0530 Mon, 22 Apr 2019 17:56:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280135 Under the DRT Act, the Debt Recovery Tribunal and Recovery Officer have exclusive jurisdiction over adjudication and execution issues arising from a recovery certificate, including determination of priorities between secured creditors and workmen. A company court cannot order direct disbursement of workmen's dues on an asserted admission without Tribunal adjudication. To protect the claim pool pending decision, the retained amount was to be kept in fixed deposit, with the Tribunal to invite and scrutinise claims, quantify dues, and distribute funds in accordance with the pari passu statutory priority scheme, including workmen's claims. Case-Laws Income Tax Wed, 11 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280135