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2021 (3) TMI 1383 - SC - Companies LawApplication for withdrawal of company petition - litigation involving the liquidation and winding up of the Baranagore Jute Company has been pending for almost 30 years - direction to pay the worker dues - HELD THAT:- The amount is directed to be released but however it is found important to have the amount crystallized and the persons to whom the amount to be paid identified before the said amount is released. In addition to the above application, persons who claim to be the legal heirs of the partners of a partnership firm, which was the petitioning creditor(s) have also filed an application for withdrawal of the main company petition - the application for withdrawal of the company petition would have to be made before the Calcutta High Court, as there may be other persons interested in the proceedings. SLP disposed off.
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