Nikhil Chopra v. Sol Limited (in Liquidation)
Case brief
What is this about?
The High Court of Delhi, in three consolidated cases involving appeals by Nikhil Chopra, Akhil Chopra, and Sudhir Chopra against Sol Limited in liquidation, involved condonation of delay and consideration of claims based on Fixed Deposit Receipts. The court condoned the delay subject to costs and disposed of the appeals by directing the Liquidator to consider the claims on merits within four weeks
What did the court decide?
Condonation of 231 days delay subject to costs of Rs. 1,100 per appeal; appeals taken on record; direction to Official Liquidator to consider claims on merits within four weeks.