Unit Trust Of India v. Sunearth Ceramics Ltd.- U26940mh1978plc020402

SANTOSH SUBHASH KULKARNI 10-IA-2290-20+.DOC SANTOSH SUBHASH KULKARNI Date: 2022.08.19 09:51:33 +0530 Sayali Upasani

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO.2290 OF 2020 IN COMPANY PETITION NO.244 OF 2012 Unit Trust of India ...Applicant In the matter between Asset Reconstruction Company India Ltd

...Petitioner

Versus

Sunearth Ceramics Ltd

...Respondents

Ms. Niyati Merchant i/b MDP & Partners, for the Applicant Mr. Mahendhar Aithe, Company Prosecutor, for the Official Liquidator.

CORAM:

N. J. JAMADAR, J.

DATED :

17th August, 2022 PC:- 1.

Heard the learned Counsel for the applicant.

2.

This application is taken out to condone the delay 1095 days in filing affidavit in proof of debt.

3.

Perused the averments in the application. Justifiable reasons are asbribed in paragraph Nos. 6 and 7 of the application for condonation of delay.

4.

Hence, the application deserves to be allowed. 5.

The application stands allowed.

1/2

10-IA-2290-20+.DOC 6.

The delay in filing an affidavit in proof of debt stands condoned.

7.

The Official Liquidator shall adjudicate the claim of the applicant in accordance with law.

[N. J. JAMADAR, J.] 2/2