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2019 (2) TMI 2054 - HC - Companies LawPermission to Official Liquidator to invite claims from workers and secured creditors of the company in liquidation under Section 529, 529A & 530 of the Companies Act, 1956 - permission to Official Liquidator to appoint Chartered Accountant from the panel maintained by the Official Liquidator for verification and adjudication of claims - permission to Official Liquidator to make payment of advertising charges as well as professional fees of Chartered Accountants on receipt of their bill from the Account of the Company in liquidation being liquidation expenses. HELD THAT:- It is stated that presently amount of Rs.1,93,000,00/- is available in the account of the company in liquidation for disbursement and claims under Section 529, 529A and 530 of the Companies Act, 1956, (the Act) are yet not invited and that after receipt of claims, the chartered accountant shall be required to be appointed to verify the claims and after verification of the claims by chartered accountant for disbursement to the funds amongst the creditors as per their entitlement, the further report will be filed. The report stands disposed of.
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