Allowed

Bassein Catholic Co-Op Bank Ltd.- Applicant v. M/S. Sharp Industries Ltd. - L99999MH1988PLC046467

Bombay HC17 Aug 2022IA/2026/2020

Case brief

AI extract

What is this about?

In an interim application under a company petition, the Bench allowed the condonation of delay for filing an affidavit in proof of debt and directed the Official Liquidator to adjudicate the applicant's claim.

What did the court decide?

Condoned delay in filing affidavit in proof of debt; directed Official Liquidator to adjudicate claim.

Bassein Catholic Co-Op Bank Ltd.- Applicant Vs M/S… — Company and Corporate | Bombay HC (2022)

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SANTOSH SUBHASH KULKARNI

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8-IA-2026-20+.DOC

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Digitally signed bySANTOSH SUBHASH KULKARNI Date: 2022.08.19 09:51:33 +0530

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Sayali Upasani

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY

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ORDINARY ORIGINAL CIVIL JURISDICTION

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INTERIM APPLICATION (L) NO.2026 OF 2020

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COMPANY PETITION NO.400 OF 2012

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Bassein Catholic Co-op. Bank Ltd ...Applicant In the matter of M/s. Videocon Industries Ltd ...Petitioner Versus

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M/s. Sharp Industries Ltd ...Respondent

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Mr. Rohit Gupta a/w Mr. Agnel Carneiro i/b Mulla & Mulla & Craigie Blunt & Caroe, for Applicant

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Mr. M. Aithe for Company Prosecutor, for Official Liquidator.

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CORAM: N. J. JAMADAR, J. DATED : 17^th August, 2022

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PC:-

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Heard the learned Counsel for the applicant.

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This application is taken out to condone the delay of two

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years two months and nine days in filing an affidavit in proof of debt.

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For the reasons ascribed in paragraph 14 of the application, the delay deserves to be condoned.

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Hence, the following order.

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ORDER

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(i) The application stands allowed.

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1/2

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8-IA-2026-20+.DOC

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(ii) The delay in filing an affidavit in proof of debt stands condoned.

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(iii) The Official Liquidator shall adjudicate the claim of the applicant in accordance with law.

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Bassein Catholic Co-Op Bank Ltd.- Applicant v. M/S. Sharp Industries Ltd. - L99999MH1988PLC046467

Case brief

What is this about?

What did the court decide?

Bassein Catholic Co-Op Bank Ltd.- Applicant v. M/S. Sharp Industries Ltd. - L99999MH1988PLC046467

Case brief

What is this about?

What did the court decide?

What the court decided

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