2019 (12) TMI 1610

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..... te the funds strictly adhering to the ratios as arrived by him for the first charge holder as per the Code. If at all any grievance on the part of the second charge holder, they may approach the competent court but they have no authority to approach this Bench. Application disposed off. - C.P.(IB)-1339/(MB)/2017, MA 520/2019, MA 2622/2019, MA 3346/2019 - - - Dated:- 2-12-2019 - Shri Bhaskar .....

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..... This question has already been answered in the court itself and the Liquidator is directed to distribute the funds strictly adhering to the ratios as arrived by him for the first charge holder as per the Code. If at all any grievance on the part of the second charge holder, they may approach the competent court but they have no authority to approach this Bench. MA 520/2019 is disposed of accor .....

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