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    <title>2020 (3) TMI 528 - HIMACHAL PRADESH HIGH COURT</title>
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    <description>The Court directed SBI to refund the excess amount to PNB in Company Applications regarding payment shares. Workmen&#039;s dues were prioritized for payment from sale proceeds, with the Official Liquidator instructed to disburse funds accordingly. The Chartered Accountant&#039;s pending fees were ordered to be paid in full. Prosecution requests under the Income Tax Act were dismissed due to satisfactory explanations. Overall, the Court ensured fair fund disbursement and protected the rights of all parties involved.</description>
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      <description>The Court directed SBI to refund the excess amount to PNB in Company Applications regarding payment shares. Workmen&#039;s dues were prioritized for payment from sale proceeds, with the Official Liquidator instructed to disburse funds accordingly. The Chartered Accountant&#039;s pending fees were ordered to be paid in full. Prosecution requests under the Income Tax Act were dismissed due to satisfactory explanations. Overall, the Court ensured fair fund disbursement and protected the rights of all parties involved.</description>
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