2005 (2) TMI 537 - HC - Companies Law

Summary

Issues: Application for Condonation of Delay in Filing Claim before Official Liquidator under Rule 177 of Companies (Courts) Rules, 1959.

Analysis:
1. Nature of Application: The judgment pertains to an application under Rule 177 of the Companies (Courts) Rules, 1959 for condonation of delay in filing a claim before the Official Liquidator on behalf of the Employees Provident Fund Organisation, Regional Office, Rajasthan, Jaipur.

2. Claim Details: The applicant had a claim of Rs. 26,606 against the company for EPF Contribution under the Employees Provident Funds & Miscellaneous Provisions Act, 1952.

3. Judicial Precedent: The counsel for the parties agreed that the matter aligns with a decision of the Bench in S.B. Company Application No. 4/2005 concerning M/s. Spintex Tubes & Cons. Limited (In Liquidation).

4. Decision: The application was allowed based on the reasons stated in the order dated 4-2-2005 in S.B. Company Application No. 4/2005. The delay in filing the claim was condoned, and the Official Liquidator was directed to register and adjudicate the claim in accordance with the law.

5. Disposition: The application was disposed of after the condonation of the delay and the direction to the Official Liquidator to process the applicant's claim.