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Bombay High CourtCA/444/2014dismissed

Jayabharat Credit Limited v. The Official Liquidator, High Court, Bombay Of M/S. G.G.T. Kaypee Ltd. (In Liquidation.)

2015-12-09Hon'Ble Shri Justice K.R. Shriram2 pages

6.ca.444.2014 cp.766.90.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO. 444 OF 2014 IN COMPANY PETITION NO. 766 OF 1990 Jayabharat Credit Limited .. Applicant Vs.

The Official Liquidator, High Court, Bombay of M/s. G.G.T Kypee Ltd.

(in liquidation) .. Respondent Mr.Deepak Rai i/b Aruna Singh for applicant.

Ms.Pratibha Ramaswamy, Asstt. O.L. present.

CORAM : K.R.SHRIRAM, J.

DATED : 9TH DECEMBER, 2015 P.C.

The counsel for the applicant states that there has been an error in the calculation made by the official liquidator inasmuch as according to the official liquidator, certain installments have been paid whereas factually these installments have not been paid. The counsel requests that the delay in filing their objection with the official liquidator be condoned and their objection be taken on record so that the official liquidator may re-consider the same.

Shraddha Talekar PA 1/2

6.ca.444.2014 cp.766.90.doc For reasons mentioned in the affidavit in support, I am inclined to condone the delay and direct the official liquidator to consider the objections raised.

The application accordingly stands disposed.

(K.R. SHRIRAM, J.) Shraddha Talekar PA 2/2