https://www.taxtmi.com/caselaws?id=304784 The Court permitted the Official Liquidator to disburse the amount to the secured creditor because the amount had been worked out by Chartered Accountants and the creditor had furnished the required undertaking. It also left it open to the Official Liquidator to appoint a Chartered Accountant from its panel to verify and adjudicate claims and to work out the inter-se ratio in the liquidation proceedings. On that basis, the request was allowed and disbursement was authorised. en-us Thu, 07 Jan 2021 00:00:00 +0530 Fri, 21 Oct 2022 20:11:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304784 The Court permitted the Official Liquidator to disburse the amount to the secured creditor because the amount had been worked out by Chartered Accountants and the creditor had furnished the required undertaking. It also left it open to the Official Liquidator to appoint a Chartered Accountant from its panel to verify and adjudicate claims and to work out the inter-se ratio in the liquidation proceedings. On that basis, the request was allowed and disbursement was authorised. Case-Laws Companies Law Thu, 07 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304784