https://www.taxtmi.com/caselaws?id=296578 The court directed the release of funds deposited with banks for immediate disbursal to workmen, with specific amounts allocated to different institutions for payment to beneficiaries. Instructions were given to expedite the transfer of investments and follow up on funds with interest. Additionally, respondent no. 2 was tasked with exploring a compromise scheme in compliance with the NCLT order, leading to the decision not to act on an eviction notice, ensuring workmen were not at risk of eviction. The next hearing was scheduled for compliance updates and further proceedings. en-us Tue, 25 Feb 2020 00:00:00 +0530 Thu, 29 Jul 2021 10:49:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296578 The court directed the release of funds deposited with banks for immediate disbursal to workmen, with specific amounts allocated to different institutions for payment to beneficiaries. Instructions were given to expedite the transfer of investments and follow up on funds with interest. Additionally, respondent no. 2 was tasked with exploring a compromise scheme in compliance with the NCLT order, leading to the decision not to act on an eviction notice, ensuring workmen were not at risk of eviction. The next hearing was scheduled for compliance updates and further proceedings. Case-Laws Companies Law Tue, 25 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296578