https://www.taxtmi.com/caselaws?id=398886 The High Court of Gujarat ordered the Official Liquidator to disburse specific amounts to various creditors, including IFCI, workers, IDBI, State Bank of India, M/s. Siddhi Corporation, and Chimanlal Jivraj bhai Kapuriya, based on verified claims. The court directed the Official Liquidator to deposit the amounts due to workers directly into their bank accounts and instructed the disbursement of funds to secured and unsecured creditors within two weeks. The court disposed of the company applications and associated civil application following the provided directions. en-us Mon, 07 Sep 2020 00:00:00 +0530 Sat, 26 Sep 2020 11:41:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398886 The High Court of Gujarat ordered the Official Liquidator to disburse specific amounts to various creditors, including IFCI, workers, IDBI, State Bank of India, M/s. Siddhi Corporation, and Chimanlal Jivraj bhai Kapuriya, based on verified claims. The court directed the Official Liquidator to deposit the amounts due to workers directly into their bank accounts and instructed the disbursement of funds to secured and unsecured creditors within two weeks. The court disposed of the company applications and associated civil application following the provided directions. Case-Laws Companies Law Mon, 07 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398886