https://www.taxtmi.com/caselaws?id=299660 Interim disbursement from the official liquidator's account was permitted in favour of workers after due verification and identification, because their dues had remained unpaid for a long period. The High Court allowed the fixed deposit to be encashed for this limited purpose and directed payment in equal proportion as an interim arrangement. The direction was expressly made without prejudice to the rights and contentions of the parties, and the disputed inter se distribution ratio between secured creditors and workers was left open for later adjudication. en-us Wed, 18 Sep 2002 00:00:00 +0530 Fri, 24 Dec 2021 14:16:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299660 Interim disbursement from the official liquidator's account was permitted in favour of workers after due verification and identification, because their dues had remained unpaid for a long period. The High Court allowed the fixed deposit to be encashed for this limited purpose and directed payment in equal proportion as an interim arrangement. The direction was expressly made without prejudice to the rights and contentions of the parties, and the disputed inter se distribution ratio between secured creditors and workers was left open for later adjudication. Case-Laws Companies Law Wed, 18 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299660