Allowed

Maharashtra State Electricity Distribution Company Ltd. v. Semco Profile Pvt. Ltd. (in Liquidation) and Anr.

Bombay HC22 Jan 2015CA/418/2014

Case brief

AI extract

What is this about?

Allowed a company application to condone a delay of 797 days in filing a claim for Rs. 2,83,169/- before the official liquidator of Semco Profile Pvt. Ltd. under Rule 177 of the Company (Court) Rules, 1959.

What did the court decide?

Condoned delay of 797 days; directed Official Liquidator to adjudicate claim within six months.

Maharashtra State Electricity Distribution Company Ltd… — Company and Corporate | Bombay HC (2015)

Nitin

913-CA-418-2014

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION

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COMPANY APPLICATION NO. 418 OF 2014 IN

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COMPANY PETITION NO. 1262 OF 1999

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Maharashtra State Electricity Distribution Company Limited …

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…	Applicant

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IN THE MATTER BETWEEN :
Tata Iron & Steel Company Limited	… Petitioner

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Versus

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The OL of Semco Profile Private Limited … Respondent

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Ms. Radha H. Bhandari i/b. M.V. Kini & Company for the Applicant. Ms. Yogini Chauhan, Assistant OL, present.

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CORAM : S.J. KATHAWALLA, J. DATED : 22ND JANUARY, 2015

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P.C.

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Perused the above Application and the Affidavit in support thereto. For the reasons set out in the Affidavit in support of the above Application, the above Application is allowed in terms of prayer clause (a), which is reproduced hereunder :

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“(a) That this Hon'ble Court may be pleased to condone

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the delay of 797 days as per the provision of Rule 177 of

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the Company (Court) Rules, 1959 in filing the claim for

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Rs.2,83,169/- before the official liquidator attached to

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Nitin 2 913-CA-418-2014

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this Hon'ble Court appointed as Liquidator of M/s. Semco Profile Pvt. Ltd. (in liquidation)”.

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The Official Liquidator shall adjudicate the claim of the Applicant on merits within a period of six months from the date of this order.

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The above Company Application is accordingly disposed of.

Maharashtra State Electricity Distribution Company Ltd. v. Semco Profile Pvt. Ltd. (in Liquidation) and Anr.

Case brief

What is this about?

What did the court decide?

Maharashtra State Electricity Distribution Company Ltd. v. Semco Profile Pvt. Ltd. (in Liquidation) and Anr.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

Parties & counsel

Coram

Case details

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