Mrs.Shobhana Ashok Sawale v. M/s.The Official Liquidator
Case brief
What is this about?
On an application for condonation of delay in filing a claim petition in corporate insolvency proceedings, the court condoned the delay citing the petitioner's loss and subsequent recovery of the original receipt, directing submission of the petition within a fortnight.
What did the court decide?
Application for condonation of delay allowed; applicant directed to file claim petition with original receipt by 01.07.2022.