1.Idbi Bank Ltd., v. M/S. Alwayn Watches Ltd.,

THE HON'BLE SRI JUSTICE CHALLA KODANDA RAM COMPANY APPLICATION No. 1159 OF 2014 O R D E R :

The instant Application has been taken out to direct the Official Liquidator to make an interim disbursement of at least 75% of the amounts lying to the account of the respondent company in liquidation as against the claim of each of the first charge holders, pending final adjudication of the claims. This Application cannot be decided at this point of time, as the actual amount, which is required to be paid to the applicant, is yet to be determined.

This Application is therefore, closed.

____________________________ CHALLA KODANDA RAM, J 30th November 2018 ksld