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P.K Abdul Rahiman vs The Official Liquidator
2023 Latest Caselaw 10575 Ker

Citation : 2023 Latest Caselaw 10575 Ker
Judgement Date : 16 October, 2023

Kerala High Court
P.K Abdul Rahiman vs The Official Liquidator on 16 October, 2023
                   IN THE HIGH COURT OF KERALA AT ERNAKULAM
                                     (Original Jurisdiction)

                          In the matter of the Companies Act, 1956
                                              and
               In the matter of M/s.Sudarsan Chits (India) Ltd. (in Liquidation)

                           Co.Appl. No.160/2023 in Co.Pet.9/1981


                                         Before:
                     The Honourable Mr. Justice VIJU ABRAHAM
                 Monday, the 16th day of October, 2023/24th Aswina, 1945



Applicant


       P.K.Abdul Rahiman, Aged 60 years,
       S/o.Alikutty Haji, Palayullakandiyil (H),
       Poomala P.O., Ammayipalam,
       Sulthan Bathery, Wayanad Dist.- 673 592.

Respondent


       The Official Liquidator, High Court of Kerala,
       Company Law Bhavan, 3rd Floor,
       BMC Road, Thrikkakkara P.O., Kochi, Ernakulam - 682 021,
       representing M/s.Sudarsan Chits India Ltd (in Liquidation).

        Company Application under Rule 177 & Rule 9 of the Companies (Court) Rules,
1959 filed by the applicant above named praying for an order to condone the delay of 4216
days in submitting the proof of debt/claim before the Official Liquidator and directing the
Official Liquidator to accept the same in the interest of Justice.


       This Company Application coming on for orders on this day upon hearing
Sri.Mithun Baby John, Advocate for the applicant and Sri.K.Moni, Standing Counsel for the
Official Liquidator, the Court passed the following:-
 Co. Appl. No. 160 of 2023


                        VIJU ABRAHAM , J.
             ===========================
                    Co. Appl. No. 160 of 2023
             ============================
             Dated this the 16th day of October, 2023

                             ORDER

This is a petition seeking to condone the delay of 4216 days

and to direct the respondent to accept the claim petition and

document of claims submitted by the applicant/petitioner.

2. The specific case of the applicant is that the company

which is wound up is indebted to him in two chits bearing Group No.

FABV190-Ticket No. 38 for an amount of Rs. 32,010/- and Group No.

FABV190-Ticket No. 39 for an amount of Rs. 32,010/-. The said

company under liquidation is liable to pay the applicant a total

amount of Rs. 64,020/-. It is further averred that, the applicant had

preferred I.A. No.313/2004 in MFA 518/1981 against M/s Sudarsan

Chits for a direction to pay the chitty amount. This Court vide Order

dated 10.03.2004, directed M/s Sudarsan Chits Company to pay the

entire amounts due to the applicant within three months from the

date of the judgment. However, the said order of this Court was

never complied by the company and it has resulted in acute financial

difficulty to the applicant. Thereafter respondent herein invited

claims from the creditors of the company in 2012 by advertising in

newspapers. Pursuant to the same, claim application was sent to the

applicant and after filling the necessary details, along with all Co. Appl. No. 160 of 2023

necessary documents, he had sent the same to the address

mentioned in the advertisement on 23.08.2012 via registered post.

However the said claim application was returned with an

endorsement, 'RETURN TO SENDER - LEFT'. It was only thereafter

that, the petitioner came to know that, the office of the respondent

was shifted to Company Law Bhavan, Kakkanad. Petitioner would

further submit that though he approached the respondent again by

sending the claim petition along with a representation, the

respondent refused to accept the claim due to the delay in filing the

claim petition. Petitioner submits that he has financial difficulties and

only due to the reasons stated above he could not make a claim

within time.

I have heard the learned Counsel appearing for the official

liquidator also. Considering the facts stated in the affidavit and after

hearing the Counsel on both sides, I am inclined to grant one more

chance to the petitioner. Therefore, the delay of 4216 days is

condoned with a consequential direction to the respondent to accept

the claim of the petitioner and documents of claim submitted by the

applicant and take a decision in the matter in accordance with law.

Sd/-

VIJU ABRAHAM JUDGE

sbk/-

 
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