High Court for State of TelanganaCOMPA/417/2017ordered

M/S. Asset Reconstruction Company (India) Limited (Arcil) v. M/S. Global Drugs (P) Limited. (In Liquidation)

2017-03-09Raja Elango1 pages

HONOURABLE SRI JUSTICE RAJA ELANGO COMPANY APPLICATOIN No.417 of 2017 IN COMPANY APPLICATION No.1081 of 2016 in R.C.C. No.1 OF 2004 ORDER:

This Company Application is filed seeking permission to condone the delay of 598 days in filing the claim petition under Form-66 of the Companies (Court) Rules by the applicant with the Official Liquidator. Heard and perused the record.

Learned counsel appearing on behalf of the Official Liquidator states that the Official Liquidator is not having any objection. For the reasons stated in the Company Application, the delay of 1076 days is condoned subject to the petitioner furnishing necessary original documents along with the Form-66 on or before 30.03.2017. Accordingly, the Company Application is ordered. ______________ RAJA ELANGO, J March 09, 2017 KTL