Mrs. Anuradha Waman Nadkarni v. Official Liquidator of M/S. Yescube Infrastructure Ltd.
Case brief
What is this about?
The applicant, a lessee, filed an application for condonation of delay to lodge a claim for withdrawal of security deposit and interest with the Official Liquidator. The court held that the delay in filing proof of debt was condoned under the facts and circumstances and directed the Official Liquidator to consider the claim on merits. The application was disposed of.
What did the court decide?
Delay of 125 days in lodging Affidavit of Proof of Debt was condoned; Official Liquidator directed to consider the claim for withdrawal of security deposit and interest on its merits.