2013 (1) TMI 1032 - HC - Companies Law

Summary

The creditor filed an application for condonation of delay in lodging a claim before the official liquidator. The claim was lodged belatedly, but the reason for the delay was explained and accepted. The official liquidator had no objection to condoning the delay, and the claim would be examined on merits. The delay was condoned, and the official liquidator was permitted to adjudicate the claim. (Case citation: 2013 (1) TMI 1032 - KARNATAKA HIGH COURT)