M/S Nehru Place Hotels and Real Estates(P) Limited v. M/S Triveni Infrastructure Development Co. Limited
Case brief
What is this about?
The court disposed of two applications. In Ex. APPL. (OS) 581/2011, it held that condonation of delay for filing a claim before the Official Liquidator must be sought from the Company Court. In Ex.P. 271/2011, it disposed of the suit in light of the OL appointment and revival scheme, permitting the petitioner to approach the Company Court for further relief.
What did the court decide?
Condonation of delay dismissed with direction to approach Company Court. Civil suit disposed with liberty to approach Company Court for further relief.