Allowed

Hegde & Golay Limited v. M/S Shreesyla Tooling & Accessories (P) Limited

Karnataka HC25 Apr 2014CA/748/2014

Case brief

AI extract

What is this about?

The Karnataka High Court, Byrareddy J., in a Company Application under Rule 177 of the Companies (Court) Rules, 1959, condoned a delay of 2736 days in filing the affidavit of proof of debt by the applicant Hegde and Golay Limited against the respondents.

What did the court decide?

Condonation of the delay of 2736 days in filing the affidavit of proof of debt in Form No. 66.

Hegde & Golay Limited Vs M/S Shreesyla Tooling… — Company and Corporate | Karnataka HC (2014)

¶1

¶2

IN THE HIGH COURT OF KARNATAKA AT BANGALORE

¶3

DATED THIS THE 25^TH DAY OF APRIL, 2014 BEFORE:

¶4

THE HONOURABLE MR. JUSTICE ANAND BYRAREDDY

¶5

COMPANY APPLICATION No.748 OF 2014

¶6

BETWEEN:

¶7

Hegde and Golay Limited, Registered office at Shreeshyla, Kanakapura Road, Bangalore – 560 062, Represented by its Director, Smt. Rashme Hegde Gopi.

¶8

… APPLICANT

¶9

(By Shri. Saji P John, Advocate)

¶10

AND:

¶11

M/s. Shreesyla Tooling and Accessories (P) Limited (in liquidation)

¶12

M/s. Shreeshyla Horological (P) Limited (in liquidation)

¶13

M/s. Shreeshyla Stampings (P) Limited (in liquidation)

¶14

M/s. Shreeshyla Precision Shaft and Stamps (P) Limited (in liquidation)

¶15

¶16

5.	M/s. Shreeshyla Precision Components (P) Limited (in liquidation)
6.	M/s. Shreeshyla Gears and Pinions (P) Limited (in liquidation)
7.	M/s. Shreeshyla Automats (P) Limited (in liquidation)
8.	M/s. Shreeshyla Crown and Screws (P) Limited (in liquidation)
9.	M/s. Shreeshyla Repetitive Parts (P) Limited (in liquidation)
10.	M/s. Shreeshyla Screen Printers (P) Limited (in liquidation)
11.	M/s. Shreeshyla Graphics (P) Limited (in liquidation)
12.	M/s. Shreeshyla Ratchets and Rotors (P) Limited (in liquidation)
13.	M/s. Shreeshyla Ceramics (P) Limited (in liquidation)
14.	M/s. Shreeshyla Jigs and Fixtures (P) Limited (in liquidation)
15.	M/s. Shreeshyla Escapements (P) Limited (in liquidation)
16.	M/s. Shreeshyla Barrels and Arbons (P) Limited (in liquidation)

¶17

¶18

All the above companies are Represented by the Official Liquidator, High Court of Karnataka, Office at : 12^th Floor, Raheja Towers, M.G.Road, Bangalore – 560 001.

¶19

…RESPONDENTS

¶20

(By Shri. K.S. Mahadevan, Advocate for Official Liquidator) *****

¶21

This Company Application is filed under Rule 177 of the Companies (Court) Rules, 1959, praying to condone the delay of 2736 days in filing affidavit of proof of debt with respondent in Form No. 66, for the reasons stated therein.

¶22

This Company Application coming on for Orders this day, the Court made the following: -

¶23

O R D E R

¶24

For the reasons stated in the application, the delay of 2736

¶25

days in filing the affidavit of proof of debt is condoned.

¶26

Sd/JUDGE

¶27

Hegde & Golay Limited v. M/S Shreesyla Tooling & Accessories (P) Limited

Case brief

What is this about?

What did the court decide?

Hegde & Golay Limited v. M/S Shreesyla Tooling & Accessories (P) Limited

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

Similar cases

Sri Lal Bahaddur Ralhan Vs Bangalore Development Authority

M N Nagendra Vs Assistant Commissioner

Jyothiamma Vs the Principal Secretary

Concorde Health Care Pvt. Ltd. Vs M/S Biovet Pvt. Ltd.

Tiyasha Ghosh Vs the Registrar (Evaluation)

Sri.B.Sanjeeva Rai Vs the Competent Authority and Assistant