2007 (9) TMI 422 - HC - Companies Law

Summary

The Advocate Commissioners filed an application in the Andhra Pradesh High Court to consider the claim applications of 19 depositors who submitted Form-66 belatedly but within time. The depositors had furnished Form-66 on non-judicial stamp paper, and the Court granted permission to consider their claims without requiring them to seek condonation for the delay. The claims were for small amounts ranging from Rs. 1,000 to Rs. 5,000, with a few exceptions up to Rs. 50,000.