THE HON'BLE MR JUSTICE N.V. RAMANA Company Appeal No.20 of 2009 in R.C.C.No.8 of 2001 ORDER: This company appeal is preferred by Andhra Bank, Tadepalligudem Branch, aggrieved by the order, dated 19.08.2009, passed by the Official Liquidator rejecting the claim of the appellant- Bank to the extent of Rs.4,81,76,848.34 ps. Pursuant to the earlier directions of this Court, the Official Liquidator filed report, enclosing the Minutes of the meeting held at his Office on 15.02.2010, indicating that the claims of CTO, APIDC and Andhra Bank have been duly adjudicated, that the claims of APSFC and Sri G.Gopala Raju, Ex-employee, are in the final process of adjudication and that after completion of adjudication of these two claims, he will be able to arrive at the proportionate shares of workmen vis-à-vis the secured creditors of the company under liquidation. It is also stated that the at the discussions, the learned counsel for the appellant-Bank stated that he would withdraw the appeal filed by him to facilitate the Official Liquidator to determine the proportionate shares of all the secured creditors for distributing the sale proceeds of Land & Buildings sold by APIDC for an amount of Rs.26.50 lakh. At the hearing, the learned counsel for the appellant sought permission to withdraw the appeal, in view of the meeting held at the Office of the Official Liquidator on 15.02.2010. In the circumstances, permission is accorded and accordingly, the company appeal is dismissed as withdrawn. No costs. ___________________ N.V. RAMANA, J. Date:18.02.2010 VGB