Telangana High Court
COMPA/1943/2011 of The Regional Manager, Vs M/s Allwyn Watches Limited (In Pro Liqn.) on 30 December 2011
SRI JUSTICE B.SESHASAYANA REDDY Company Application No.1943 of 2011 In C.P.No.108 of 2011 30th December, 2011 between :- The Regional Manager, The Oriental Insurance Co.Ltd., 6-3-871, Snehalatha PB No.45, Greenlands Road, Begumpet, Hyderabad .. Applicant And M/s.Allwyn Watches Limited (In
THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDYCompany Application No.1943 of 2011In C.P.No.108 of 2011
30th December, 2011
between :-
The Regional Manager,The Oriental Insurance Co.Ltd.,6-3-871, Snehalatha PB No.45,Greenlands Road, Begumpet,Hyderabad .. Applicant
And
M/s.Allwyn Watches Limited (In Prov.Liqn.)
Rep.by the Official Liquidator,High Court of Andhra Pradesh,Hyderabad .. Respondent THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY
Company Application No.1943 of 2011
In C.P.No.108 of 2011
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
ORDER:-
This is an application filed by the applicant to condone delay of45 days in filing the claim before the Official Liquidator representing M/s.Allwyn Watches Ltd., (In Prov.Liqn.).
This Court by order dated 11-12-2006 passed in C.A.No.60 of2011 permitted the Official Liquidator to invite claims from the creditorsof M/s.Allwyn Watches Limited (In Prov.Liqn.). Accordingly, the OfficialLiquidator caused the publication of notice inviting the claims from thecreditors of the Company (In Prov.Liqn.) in ‘Deccan Chronicle’ and‘Andhra Jyothi’ on 5-4-2011 and fixed the last date for submitting theclaims as 4-5-2011. The applicant herein furnished the copies ofdocuments concerned the Proof of Debt on 17-6-2011 and since thereis a delay of 45 days in filing the claim, the instant application hasbeen moved to condone the delay.
The Official Liquidator placed on record his report.
Perused the affidavit filed in support of the application and thereport of the Official Liquidator.
Circumstances under which delay occurred in filing the claimhave been explained in para 10 of the affidavit. In view of the reasonsstated in the affidavit, delay of 45 days in filing the claim before theOfficial Liquidator by the applicant is condoned.
Accordingly, the Company Application is ordered.
30[th] December, 2011smr
_________________________B.Seshasayana Reddy, J