Allowed
Suresh Laxman Shetye v. the Official Liquidator of Swadeshi Mills Co. Ltd. (in Liquidation )
Bombay HCCA/3/2014
Case brief
AI extract
What is this about?
Allowed an application for condoning delay in submitting proof of debt in a winding up proceeding, directing the Official Liquidator to adjudicate the claim. The order did not abrogate the requirement for formal adjudication.
What did the court decide?
Allowed the application for extension of time to submit proof of debt/claim and directed the Official Liquidator to adjudicate the claim.