Textile Labour Association & Anr vs The Official Liquidator & Anr

The Supreme Court held that the dues of ONGC Ltd. must be prioritized over other creditors in the liquidation of Ambica Mills Ltd., as per the ruling in I.A. No. 168-178 of 1997. The Court emphasized that the Official Liquidator must ensure that ONGC's dues are settled first before any payments to other creditors, including the workmen's claims under Sections 529 and 529-A of the Companies Act. The Court dismissed the review petitions filed by the labour unions representing the workmen, affirming the priority established in previous orders.