S.Madhava Rao S/O.Srinivasa rao v. The official liquidator
Company Application – Condoration of delay
Case brief
What is this about?
Madras High Court (Senthilkumar Ramamoorthy, J.), order dated 07.02.2025 in Comp.A.No.355 of 2024 in C.P.No.57 of 1998: application by S.Madhava Rao for condonation of a 770-day delay in filing a claim petition before the Official Liquidator (liquidation of M/s.Maxworth Orchards (India) Limited) was allowed, conditioned on re-presenting the claim petition within two weeks, because the liquidation process is ongoing and claims are being considered. No statutes or precedents were cited; no monetary relief awarded.
What did the court decide?
Condonation of the 770-day delay in filing the claim petition before the Official Liquidator, subject to the applicant re-presenting the claim petition within two weeks from the date of receipt of a copy of the order. ¶24