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Secured creditors could realise their dues even when claims weren't lodged with liquidator: HC

January 7, 2017[2017] 77 25 (Bombay)/[2017] 140 SCL 24 (Bombay)/[2017] 200 COMP CASE 125 (Bombay)

CL: Even if all claims against company-in-liquidation including that of unsecured creditors are not satisfied, secured creditors are entitled to surplus amount for realizing their dues and interest earned thereon after date of winding up

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