Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0]

Bombay High Court

Ifci Ltd. (A Government Of India ... vs J.K. Credit And Finance Ltd And Anr on 8 September, 2021

Author: B.P.Colabawalla

Bench: B.P.Colabawalla

                                                        12-IA(L)-2963-21.doc




            IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                  ORDINARY ORIGINAL CIVIL JURISDICTION
                           IN ITS COMMERCIAL DIVISION

                  INTERIM APPLICATION (L) NO. 2963 OF 2021
                                   IN
                     COMPANY PETITION NO. 454 OF 1998

IFCI Ltd.                                                    .. Applicant

IN THE MATTER BETWEEN:
J. K. Credit & Finance Limited                               .. Original Petitioner
            Vs.
The Official Liquidator of
Parasrampuria Industries Ltd.( In Liquidation)               .. Respondent
                                  -------------------
Mr.Charles Desouza, Sonal Sanap, Priyanka Jain i/b. Apex Law Partners
for the Applicant.
Mr. Mahendhar Aithe for the Official Liquidator is present.


                                  CORAM :- B.P.COLABAWALLA, J.
                                  DATE      :- 8th SEPTEMBER, 2021.



P. C.:


1. The present Application has been filed seeking a condonation of delay and a direction to the Liquidator to adjudicate the claim of the Applicant filed before the Liquidator on 26 th July, 2019.

Ganesh Lokhande 1/2 ::: Uploaded on - 20/09/2021 ::: Downloaded on - 11/10/2021 14:52:19 :::

12-IA(L)-2963-21.doc

2. Having heard, the learned counsel appearing on behalf of the Applicant and the report of the Official Liquidator as well as perusing the Interim Application and the averments contained therein, the delay is condoned and the Official Liquidator is directed to accept the claim of the Applicant submitted on 26 th July, 2019 and adjudicate the same within a period of four weeks from today.

3. The Interim Application is accordingly disposed of. No order as to costs.

4. All parties to act on an authenticated copy of this order digitally signed by the Personal Assistant /Private Secretary/Associate of this Court.

(B. P. COLABAWALLA, J.) Ganesh Lokhande 2/2 ::: Uploaded on - 20/09/2021 ::: Downloaded on - 11/10/2021 14:52:19 :::