Supreme Court · 2006 INSC 359 · Decided 24 May 2006
Radheshyam Ajitsarla and ANR. v. Bengal Chatkal Mazdoor Union and ORS.
- Court
- Supreme Court of India
- Citation
- 2006 INSC 359 · [2006] SUPP. 2 S.C.R. 918
- Case number
- CIVIL APPEAL No. 4101/2004
- Decided
- 24 May 2006
- Bench
- AR. LAKSHMANAN, R.V. RAVEENDRAN (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Constitution Article 136; Companies Act Section 529
Headnote
Company Law: Payment to unsecured creditors-In the course of winding up of a C company/factory-Order for winding up of factory-Stayed subsequent to proposal by a group of creditors (Managing group} of the factory to run the factory by propounding a scheme-The managing group was also one of the Court to deposit a sum for disbursement of the same amongst D E F unsecured creditors-Deposit of certain amount by subsequent management­ The deposited amount lymg with Registrar, High Court-The managing group and another group of creditors were denied payment by the Court­ High Court
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