INTERNATIONAL ASSET RECONSTRUCTION COMPANY PVT. LTD. Vs. OL OF M/S KANKARIA CHEMICALS INDUSTRIES LIMITED

JUDGEMENT

(1.) Heard learned advocate Mr. A.S. Panesar, learned advocate Mr. Vipulkumar M. Asodiya, learned advocate Mr. Dhruvkumar S. Chauhan, learned advocate Ms. E. Shailaja and learned advocate Mr. Jeet Bhatt for the respective parties.

(2.) The applicant of Company Application No.14/2020 is respondent no.6 in OLR No.149/2021. Company Application No.14/2020 is filed for disbursement to the secured creditors.

(3.) The Official Liquidator has filed Official Liquidator Report No.149/2021 with following prayers :