Monika Vasant Sawant v. the Official Liquidator of M/S Yes Cube Infrastructure Ltd.
Case brief
What is this about?
The Bombay High Court allowed a company application by an applicant creditor. Despite the delay in lodging a claim before the Official Liquidator, the court held that the application deserved to be allowed and directed the liquidator to adjudicate upon the Proof of Debt.
What did the court decide?
The Company Application is allowed absolutely. The Liquidator is directed to adjudicate upon the Affidavit of Proof of Debt.