TMI Blog2019 (2) TMI 2054X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rt may be pleased to permit the 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 by way publishing advertisement in Newspapers namely Economic Times , English Script, and in Gujarat Samachar , Gujarati Script, both in Ahmedabad Edition or may be pleased to decide any such News papers as ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g liquidation expenses. (D) This report is submitted for such other and further orders and directions as may be considered just and appropriate by this Hon ble Court. 2. As stated in the report, after the Court made order dated 16.02.2018 in Official Liquidator Report no.7 of 2018, confirming the sale of lease hold industrial land admeasuring 704 sq.mts. with the building structure and mis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ation of the claims by chartered accountant for disbursement to the funds amongst the creditors as per their entitlement, the further report will be filed. 4. Learned advocate Mr.Acharya appearing for the Official Liquidator submitted that the sale committee has decided and recommended to invite claims of workers and all creditors under Section 529, 529A and 530 of the Act and therefore, the Co ..... X X X X Extracts X X X X X X X X Extracts X X X X
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