TMI Blog2014 (10) TMI 1052X X X X Extracts X X X X X X X X Extracts X X X X ..... hall not be haulted - the matter shall stand over to 14th November, 2014. - COMPANY APPLICATION NO. 184 of 2014 In COMPANY PETITION NO. 156 of 1989 - - - Dated:- 14-10-2014 - HONOURABLE MR.JUSTICE N.V.ANJARIA MR DS VASAVADA, ADVOCATE FOR THE APPLICANT MR ANIP A GANDHI, ADVOCATE, MS AMEE YAJNIK, ADVOCATE, MR KAMAL B TRIVEDI, SR. ADVOCATE WITH MS SK VISHEN, ADVOCATE FOR THE RESPONDENT ORAL ORDER Since last two occasions when the matter was taken up for hearing, avoidable controversy was generated with regard to the directions issued by the Division Bench for disbursement of the amount in question to the workers passed in order dated 17th September, 2014 in Civil Application (OJ) No.525 of 2014 in O.J. Appeal No.36 of 2014 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ut up for further orders on 09th October, 2014. 3. Thereafter, on 09th October, 2014, further order was passed which reads as under: Pursuant to order dated 01st October, 2014, it was stated that necessary forms have been disbursed from the office of the Official Liquidator. It was next stated that Official Liquidator has approached the Division Bench with regard to the directions passed in order dated 17th September, 2014 in Civil Application (OJ) No.525 of 2014 and cogent matters and further that the said matter before the Division Bench is to next come up on 13th October, 2014. In view of above position obtained, all the learned advocates jointly requested that the matter may be kept on 14th October, 2014. Accordingly the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of ₹ 14 crores deposited by the first respondent herein, ₹ 7 crores each shall be disbursed from the amount deposited by the appellant and the opponent No.1. Since the opponent No.1 has deposited ₹ 14 crores with the Registry, the entire amount shall be transferred to the Official Liquidator, out of which, ₹ 7 crores shall be disbursed towards the dues of the workers and the remaining ₹ 7 crores shall be kept in a fixed deposit in terms of the directions issued by the learned Single Judge. 5.1 It is in respect of the aforesaid directions that the Official Liquidator has perceived a need for clarification and application in that regard is filed, as stated above. The contention of the other side that the afor ..... X X X X Extracts X X X X X X X X Extracts X X X X
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