Sri D G Sujay v. the Official Liquidator
Case brief
What is this about?
The High Court of Karnataka condoned a delay of 1693 days in filing a claim before an Official Liquidator under Section 177 of the Companies (Court) Rules, 1959 read with Section 5 of the Limitation Act, allowing the Official Liquidator to adjudicate the claim.
What did the court decide?
Delay of 1693 days in preferring the claim is condoned; Official Liquidator directed to adjudicate the claim.