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IN THE MATTER OF THE SIMBHAOLI SUGAR MILLS LTD. versus U.P.STATE CEMENT CORPORATION LTD.

High Court of Judicature at Allahabad

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In The Matter Of The Simbhaoli Sugar Mills Ltd. v. U.P.State Cement Corporation Ltd. - COMPANY APPLICATION No. - 4 of 1997 [2007] RD-AH 18141 (21 November 2007)

This is an UNCERTIFIED copy for information/reference. For authentic copy please refer to certified copy only. In case of any mistake, please bring it to the notice of Joint Registrar(Copying).

HIGH COURT OF JUDICATURE AT ALLAHABAD

Hon. Sunil Ambwani, J.

Present Shri Ashok Mehta representing the Official Liquidator; Shri B.K.L. Srivastava, the Official Liquidator; Shri Yashwant Verma for JAL and Shri Harendra Kumar Pandey for the workmen.

The Official Liquidator states that the process of identification of the occupations by the workmen and other staff is still in progress and that it will take a few more days to submit a complete list of those workmen, who are still occupying or are encroaching upon the properties of the company (in Liq.). He submits that almost the entire amount of pari pasu dividend of the workmen has been transferred to the branches and in the accounts of the workmen.

Shri Ashok Mehta prays for an adjournment upto Monday to provide the full and complete details, for releasing the amount, which has been credited to the accounts of the workmen. The Official Liquidator also states that 50% of the balance amount, as directed by the Court in its last order has been paid to the U.P. Power Corporation.

Put up on Monday at 2.00 p.m. in chambers.

Dt.21.11.2007


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Reproduced in accordance with s52(q) of the Copyright Act 1957 (India) from judis.nic.in, indiacode.nic.in and other Indian High Court Websites

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