https://www.taxtmi.com/caselaws?id=382170 In liquidation proceedings, the Court accepted the claim certificate on record, condoned the delay, and permitted declaration and disbursement of dividend from the available funds after retaining amounts required for liquidation expenses. Because creditor claims had already been adjudicated and individual claim forms had been issued earlier, the Court found no impediment to the proposed distribution and allowed the consequential directions for orderly payment of dividend. It also dispensed with publication of notice in newspapers and permitted individual notices to be issued to the identified creditors. en-us Tue, 18 Jun 2019 00:00:00 +0530 Thu, 27 Jun 2019 07:38:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382170 In liquidation proceedings, the Court accepted the claim certificate on record, condoned the delay, and permitted declaration and disbursement of dividend from the available funds after retaining amounts required for liquidation expenses. Because creditor claims had already been adjudicated and individual claim forms had been issued earlier, the Court found no impediment to the proposed distribution and allowed the consequential directions for orderly payment of dividend. It also dispensed with publication of notice in newspapers and permitted individual notices to be issued to the identified creditors. Case-Laws Companies Law Tue, 18 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382170