Disposed
State Bank of India v. The Official Liquidator
Madras HCCOMP.A/237/2015
Case brief
AI extract
What is this about?
In a company application, the court ordered the Official Liquidator to provide quarterly information on receivables collected to the applicant bank, which leads the consortium lender with a charge on the assets.
What did the court decide?
Directive to the Official Liquidator to provide quarterly information on receivables collected to the applicant bank; liberty to move for disbursement upon receipt.