2005 (8) TMI 388

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..... or the Respondent. ORDER 1. The applicant, in this application under sections 446 and 447 of the Companies Act, 1956, has prayed for grant of following relief : "( i )The Respondent(s) may be summoned and may be examined under section 477 of the Companies Act of 1956 on oath in order to fix up the liability with regard to the aforesaid amount and order for payment of Rs.29,900 (Rupees t .....

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..... ly, with the Official Liquidator. In support of his claim, the respondent has filed the receipts. 3. The amount of Rs. 20 and Rs. 800 cannot be given set off in favour of the respondent for the reason that Rs. 20 is not the payment towards the loan amount and Rs. 800, as per the receipt itself is towards the service charges. 4. The receipt of deposit of Rs. 10,000 has been admitted by the .....

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