M.Vasanthi, W/o. Late Masilamani, v. The Official Liquidator, high Court, Madras, Chennai as liquidator of M/s. Komminar Textiles P Ltd.
Case brief
What is this about?
The court considered an application to condone delay in submitting Form-66 in insolvency proceedings. Finding sufficient reasons for the delay, the application was allowed with a 30-day mandate to submit all necessary proof of debt to the official liquidator.
What did the court decide?
Condonation of delay allowed with a direction to submit all necessary forms to prove the debt to the official liquidator within thirty days.