M/S Laxmi Traders v. the Official Liquidator of M/S Mewar Textile Mills Limited
Case brief
What is this about?
This order permitted the petitioner to file a belated claim against an official liquidator. The court directed the liquidator to decide the claim ignoring the delay, noting that account books were unavailable.
What did the court decide?
Directing the applicant to file a claim; directing the Official Liquidator to decide the claim ignoring delay and pay 4% p.a. interest; and directing the applicant to furnish an indemnity bond.