The Jammu And Kashmir Bank Ltd v. The Official Liquidator Of M/S Athena Financial Services Ltd

kvm 1/1 18-CAL48.17

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION (L) NO. 48 OF 2017 IN COMPANY PETITION NO. 648 OF 2004 The Jammu and Kashmir Bank Ltd.

..... Claimant/ Applicant

IN THE MATTER BETWEEN

Baroda Pioneer Asset Management Co. Ltd.

..... Petitioners

VERSUS

The Official Liquidator of M/s.Athena Financial Services Ltd., ..... Respondents Ms.Devyani Deshmukh, i/b. M/s.Solomon & Co. for the Petitioners. Ms.Molina P. Thakur for the Applicant.

Mr.Subhash S.Satpute, for Jammu & Kashmir Bank for the Claimants and Applicant in CAL/48/2017.

Mr.Mahendhar Aithe, Company Prosecutor for the Official Liquidator present. No records and proceedings.

CORAM : R.D. DHANUKA, J.

DATE : 25th JANUARY, 2017 P.C.

Not on board. By consent of parties, taken on board. 2.

By this application the applicant seeks condonation of delay of 319 days in filing affidavit of claim. I have heard learned counsel for the petitioner as well as the learned company prosecutor. In my view the applicant has made out a case for condonation of delay of 319 days in filing affidavit of claim. Company application is accordingly made absolute in terms of prayer clauses (a) and (b). No order as to costs.

(R.D.DHANUKA, J.)