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1937 (2) TMI 10 - HC - Companies Law

  1. 1924 (6) TMI 6 - HC
  2. 1908 (7) TMI 2 - HC
  1. 1942 (8) TMI 7 - HC
The petitioner seeks preferential creditor status in the company's liquidation as per an agreement with the Bank where the Bank held his security deposit as a trustee. The Court upheld the petitioner's claim, emphasizing the fiduciary relationship between the petitioner and the Bank regarding the security deposit. Liquidators can recover costs from assets.

 

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