Allowed¶25

V.K.Devassykutty v. M/S. Travancore Rayons Ltd.

Kerala HC24 Mar 2025Co.Appl./108/2025

Case brief

AI extract

What is this about?

Condonation of delay; 718 days; claim petition before Official Liquidator; Rule 9 of the Company Court Rule, 1959; Companies Act, 1956; M/s.Travancore Rayons Ltd. in liquidation; Co.Appl. No.108/2025 in Co.Pet.14/2002; High Court of Kerala; application allowed.

What did the court decide?

Condonation of the delay of 718 days in submitting the applicant's claim before the Official Liquidator. ¶25

V.K.Devassykutty Vs M/S. Travancore Rayons Ltd. — Company and Corporate | Kerala HC (2025)

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IN THE HIGH COURT OF KERALA AT ERNAKULAM (Original Jurisdiction)

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In the matter of the Companies Act, 1956

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and

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In the matter of M/s.Travancore Rayons Limited (In
Liquidation)

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Co.Appl. No.108/2025 in Co.Pet.14/2002

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Before:

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The Honourable Mr.Justice HARISANKAR V.MENON
Monday, the 24th day of March, 2025/3rd Chaithra, 1947

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Applicant:-

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V.K.Devassykutty, aged 84 years, S/o.Korath, residing at Rose Villa, Veluthoppilly, Parappuram P.O., Kanjoor, Pin – 683 575.

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Respondent:-

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M/s.Travancore Rayons Ltd. (in Liquidation), represented by the Official Liquidator,

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High Court of Kerala, Ernakulam – 682 031.

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Company Application under Rule 9 of the Company Court Rule, 1959 filed by the Applicant above named for an order to condone the delay of 718 days in preferring the claim petition by him before the respondent relating to the amount due to the applicant from the company in liquidation.

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This Company Application coming on for orders on this day upon hearing

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Sri.K.Ravikumar, Advocate for the Applicant and Sri.K.Moni, Standing Counsel for the Official Liquidator, the Court passed the following:-

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HARISANKAR V. MENON, J.

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- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Company Application No.108 of 2025

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Company Petition No.14 of 2002

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