Gajula Exim (P) Ltd. vs Authorised Officer, Andhra Bank, Main Branch and Ors.
SRFAESI Act 2002: Exemption for agricultural land-Land not agricultural land and not exempt under the Act-It was an undisputed fact that there were buildings, plants and machinery in the land. The petitioner had paid land revenue to the concerned authoriti [LexDoc Id : 349196]
HC (Andhra Pradesh)
2008
Crips Laboratories Ltd., In re
Distribution of assets on winding up-Secured and unsecured creditors-The secured creditor was not required to prove its debt before the OL. However, submission of proof without claiming interest after date of winding u [LexDoc Id : 348055]
Bank of Baroda vs O.L. of Benzo Petrochemicals Ltd. and Ors.
Validity of appropriation of amount to secured creditors-Direction to remit the amount to bank-The high court noted that though the second respondent was directed to disburse the amount amongst the secured creditors having first charge, the seco [LexDoc Id : 361752]
Vinedale Distilleries Ltd. vs UOI and Ors.
Sick Industrial Company-Recovery of dues by creditors-A writ filed by the petitioner - a sick company - to counter the notice issued by the respondent-bank for enforcement of security under the Securitisa [LexDoc Id : 348053]