IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION APPEAL NO.54 OF 2009 IN COMPANY APPLICATION NO.1067 OF 2007 IN COMPANY PETITION NO.743 OF 1990 Bambai Mazdoor Union .. Appellants Vs. The Official Liquidator and Liquidator of M/s.Mafatlal Engineering Industries Ltd. .. Respondents ......... Mr.N.M.Ganguli, for appellants. Mr.Venkatesh Dhond with Mr.Arun Diwach with Mr.Aditya Mehta i/b. M/s.Amarchand and Mangaldas, for respondent No.1. Mr.Ashish Kamat with Mr.Nikhil Rajani i/b.Mr.V.Deshpande & Co. for respondent No.3. Mr.Vishal Kanade with Mr.Vinod Kothari i/b M/s.Apex Law Partner, for respondent no.11. Mr.Kirit Munohi with Mr.Vikas Kumar i/b.Mr.A.T.Agarwal, for respondent no.10. Mr.D.M.Thakkar i/b.M/s.Paralina Thakkar & Co. for I.D.B.I. Mr.Keda Dighe, for respondent no.1. ......... CORAM : J.N. PATEL & SMT. R.P. SONDURBALDOTA,JJ DATE : 20TH JULY, 2009 P.C. : 1] Heard learned Counsel for the respective parties. 2] The appellants have impugned the order passed by learned Company Judge on 23 rd October, 2008 whereby the application of appellants to give them priority over the secured creditors in respect of the workmen’s due out of the assets of the company which was not secured, has been turned down; and rightly so, as conjoint reading of Sections 529, 529 A and 530 of the Companies Act does not contemplate such right. The workmen will have to share their dues with the secured creditors till the secured creditors dues are finally discharged. Therefore, we do not see any merit in the matter. The Company appeal is dismissed accordingly. (Smt.R.P. Sondurbaldota, J.) ( J.N. Patel, J.)