Allowed
The Official Liquidator of Fit Tight Nuts and Bolts Limited. (in Liquidation) v. Prafulchandra Dilsukhrai Kamdar (Petitioner)
Bombay HCOLR/10/2024
Case brief
AI extract
What is this about?
Official Liquidator's report seeking permission to pay remaining 10% dividend to workers of a company in liquidation, cover two supplementary worker lists and Government dues, and open a separate dividend account; the Court granted the directions sought.
What did the court decide?
Report allowed in terms of prayer clauses (a) to (f): payment of 10% dividend to workers, Government dues, notice publication, separate dividend account.