Malan Pur Steel Ltd. and Anr. vs Spice Jet Ltd.
Classes of creditors: Object and purpose of classification-Unsecured creditor holding decree not becoming secured creditor and not constituting separate class-Creditors could normally be divided into three categories of preferential creditors, secured creditors and unsecured creditors. Unsecured creditors no [LexDoc Id : 437602]
Sayyed M. Masud vs UOI and Anr.
Stay of arrest on presumption that arrest relating to offences under Customs Act 1962-Investigations against petitioner under the provisions of FEMA 1999 and PMLA 2002, Interim order vacated-The Supreme Court had stayed the arrest of petitioner presuming that the same would be relating to the offences under the Customs Act 1962. However, i [LexDoc Id : 434476]
