The court allowed the Official Assignee's application to disburse surplus funds of Rs. 5,40,000 to the legal heirs of the deceased insolvent, acknowledging an increase from a previous order due to interest accruals.
Permission granted to disburse surplus amount of Rs. 5,40,000 to the legal heirs of the deceased insolvent.
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Appln.No.174 of 2022
Appln.No.174 of 2022 in I.P.No.138 of 1997
SENTHILKUMAR RAMAMOORTHY, J.
The Official Assignee applies for permission to disburse the surplus amount of Rs.5,40,000/- to the legal heirs of the insolvent.
31.10.2022
rna
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Appln.No.174 of 2022
SENTHILKUMAR RAMAMOORTHY, J.
rna
Appln.No.174 of 2022 in I.P.No.138 of 1997
31.10.2022
2/2
1 issue framed by the court
Whether permission to disburse surplus funds from insolvency proceedings to the legal heirs of the insolvent should be granted.
Official Assignee
Legal heirs of the insolvent
SENTHILKUMAR RAMAMOORTHY
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
