2023 (9) TMI 1494

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..... HAT:- This Court finds there is no difficulty in the release of minimum sum of Rs. 8,000/- in favour of the identified depositors/investors. Finding clear statement of Mr. Kanungo, learned senior counsel for the Petitioners that there has been already payment of Rs. 10,000/- in favour of the 15000 and odd depositors, the Competent Authority while commencing the release process shall indentify such .....

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..... on of Government of Odisha Finance Department bearing No. 23219 dated 17.08.2023 bringing to the notice of the clarification and the suggestion therein by the Competent Authority in implementing the direction of this Court dated 20.05.2022. 3. As an outcome this correspondence clearly disclosed that since there is some difficulty to meet the deposited amount in the event of release of minimum Rs. .....

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..... partment, this Court finds there is no difficulty in the release of minimum sum of Rs. 8,000/- (Rupees Eight Thousand) in favour of the identified depositors/investors. 5. It is in partial modification of order dated 20.05.2022, this Court directs the Competent Authority-Opposite Party No. 2 to complete the release proceeding in favour of the identified investors/depositors at least to the tune of .....

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