2019 (2) TMI 2054

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....port is filed with following prayers made in paragraph no.7 thereof: "(A) In view of facts stated in para (05) & (06) of this report, this Hon'ble Court may be pleased to permit the Official Liquidator to invite claims from workers and secured creditors of the company in liquidation under Section 529, 529A & 530 of the Companies Act, 1956 by way publishing advertisement in Newspapers name....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r to make payment of advertising charges as well as professional fees of Chartered Accountants on receipt of their bill from the Account of the Company in liquidation being liquidation expenses. (D) This report is submitted for such other and further orders and directions as may be considered just and appropriate by this Hon'ble Court. " 2. As stated in the report, after the Court made....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nies Act, 1956, (the Act) are yet not invited and that after receipt of claims, the chartered accountant shall be required to be appointed to verify the claims and after verification of the claims by chartered accountant for disbursement to the funds amongst the creditors as per their entitlement, the further report will be filed. 4. Learned advocate Mr.Acharya appearing for the Official Liquid....