Allowed
The Official Assignee v. a.Gowherjan
Madras HCAPPLN/34/2024
Case brief
AI extract
What is this about?
Applications by the Official Assignee in an insolvency matter reporting that sale proceeds were distributed to admitted unsecured creditors, with a surplus remaining and legal fee payable. The Court recorded the report and allowed the applications.
What did the court decide?
Applications of the Official Assignee allowed on recording the report; surplus of Rs.23,98,942 to be paid to the respondent and Rs.60,000 as legal fee to the advocate.