{"id":3888,"date":"2009-12-02T00:00:00","date_gmt":"2009-12-01T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/mr-praveen-chander-chugh-vs-the-official-liquidator-of-ms-on-2-december-2009"},"modified":"2016-01-03T04:26:00","modified_gmt":"2016-01-02T22:56:00","slug":"mr-praveen-chander-chugh-vs-the-official-liquidator-of-ms-on-2-december-2009","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/mr-praveen-chander-chugh-vs-the-official-liquidator-of-ms-on-2-december-2009","title":{"rendered":"Mr Praveen Chander Chugh vs The Official Liquidator Of M\/S … on 2 December, 2009"},"content":{"rendered":"
Karnataka High Court<\/div>\n
Mr Praveen Chander Chugh vs The Official Liquidator Of M\/S … on 2 December, 2009<\/div>\n
Author: K.L.Manjunath And Kumar<\/div>\n
IN THE HIGH COURT OF KARNATAF;AQ\"BH.13}.(;\u00a7ALDREV_V \" \"\n\nDATED THIS THE 2ND DAY' oE'DE<:\u00e9*;eM'EER,'"?;CQ9i:_j\n\nTHE HONBLE MR. JLTEHCE H_;.z\u00bb4ANJLTNATH\nTHE HoN'EL,E,;v1R. ARAVTND \no.s..wo.25 \nCQMEANY   Vzw.'  181 1\/2003\n 'H<ip}\u00e9Eff1T1_e'1%g\u00a7jo,66\/ 1996\n\nBETW.\u00a5.rE.Ei\u00a7 V. ' l g V\n\n1.  MT. PraV'eer1VChan_de1f Chugh,\n'S\/'0. Late S.hv:"1.'i\\.I_. 'C."Chugh,\nAged about years,\n\n- , N0."778;v15""Crdss, I Phase,\n1I.P.Naga.r,V Bangalore.\n\n    Chugh,\n\n.   Shri. N.C.ChU.gh,\n A_ged'~ai50ut 55 years,\n_N0;[778, 15"] Cross, I Phase,\n J. P'.'Nagar, Bangalore.\n\n: Appellants\n\n   {By Sr1.Ad1tya Sondhl, Advocate)\n\n\n\nAND: \n\nThe Official Liquidator,   A. '\nOf M \/ s. Sarnrat Ashoka Exports Ltd.;I_\n{Company in Liquidation)  ' \nAttached to Hon'b1e\n\nHigh Court of Karnataka,\n\nIV Floor, D 8: F Wing;-.  - _ --\nKendriya Sadan, Korar'n.angaIa.,. V" ~\nBanga1ore--560 034. C - ' __     _\nvi L : Respondent\n\n[By Sr1.V.Ja.yaa:art1, A:dvo.;c:-ate}    V. \n\nThis Appeal' is 't'*i_i1ed"'h under Section 483 of the\nCompan_ies*Act,"11956, R.\/W Section 4 of the Karnataka High\nCourt Act,tA1V,V3agains\u00abt__the Order dated 21.08.2008 passed\nin CA No.' 1811,\/:'0.3*in Cap No. 66\/ 1996\n\nTizi\u00e9sdtixppdeai 'eo"1n:ing on for orders, this day, ARAVIND\n J, delivered the following:\n\nJUDGMENT\n<\/pre>\n
88   before the Company Court have filed<\/p>\n
 ovri,5g’in_ai: side appeal questioning the legality of order<\/p>\n
date*dL1.21.08.2008 passed in Company Application<\/p>\n
A 5]’ _Nio’:_1811\/2003 in Company Petition 66\/1996. The appellants<\/p>\n
ddgwho were the Ex–Directors of the Company in liquidation<\/p>\n
filed their statements of affairs on 13-10-2008 which ought<\/p>\n
 –\n<\/p>\n
to have been filed within 21 days froni 18′–.V1′;2’El?.’)2landfbezfree’ . <\/p>\n
there was a delay in filing the Stat:e’n1ent’li’of<\/p>\n
condoning the said delay’-.__Co1r1’parly_  N0}?<\/p>\n
I811\/2003 came to be filed  Clionipanyiicourt. The
\nlearned Company  :ptl’:i..atv\u00ab.tl;ie”applicants have not
\nsought for extension oftiinie  (3) of Section
\n454 of the:  Rule 128 of the
\n t\ufb01fficial Liquidator and only
\non   sought for condonation of
\ndelay  so, the application before the<\/p>\n
Company  to be dismissed. on the ground that<\/p>\n
‘  tIf1eap1%–ovis’ions of llaiiv as referred to Supra were not invoked<\/p>\n
2v…lWe’lll1aVe heard Sri.Aditya Sondhi, learned counsel<\/p>\n
 appearing for the appellant and Sri.V.Jayaram, learned<\/p>\n
“:1? standing counsel appearing for Official Liquidator.<\/p>\n
\ufb01r<\/p>\n
3. During the course of arguments.’ It”i’s.:l:_;roi;1.gi’it to the <\/p>\n
notice of this Court that under stiniliarf’circums’tlancese co– <\/p>\n
ordinate Bench of this Court-.i_n
\ndated 15.10.2008 had  .thel’de1’ay:Vfbyilrlolding that
\nprocedure envisagedi-..u:I1dAer\ufb01fRule i’1._f2′:v$*>””of_ppthe Company Court
\nRules would not  case and also on
\nthe l_’Vstat.en\u00a71_ent ‘of::avf’fai1’sVV’filed by the applicants
\ntherein  not affect the interest
\nof  _c_relditors and accordingly allowed<\/p>\n
the appeal. 0 V .0 <\/p>\n
 ,4. iperusval of the records as also order of the<\/p>\n
  we find that the facts in the present case<\/p>\n
‘\u00ab”are nature as found in OSA No.21\/2008 and<\/p>\n
“fol103;Vi’11g:*”judgement dated 15.10.2008 passed in OSA<\/p>\n
 it pypNo:iZ.1;\/2008, we allow this appeal set aside the order of the<\/p>\n
V”-leuarrled Company Judge dated 21-8-2008 passed in<\/p>\n
Company Application No.181l\/2003, in Company Petition<\/p>\n
*$–\/’<\/p>\n
 sbb\/;;.\n<\/p>\n
No. 66\/1996. Accordingly, we allow C0ri1p:ajn3:z’ttlpplicatizarr3<\/p>\n
No. 1811\/2003 \ufb01led by the afzpella\ufb01tksbefc1fe”-the:’C_empany*~_ .1<\/p>\n
Judge. In that View of the._Qrder..th’e Offici’ajl .6:LvlTqu’_l;dator:V:is
\ndirected to entertain the  bf datlaireivfg\ufb01led by the
\nappellants herein.’   that if the
\nOfficial Liqutdator    defects in the
\nstatement;_”ot  be rectified by the
\nappellaftte   lmmediately on pointing<\/p>\n
SQ;\/…\n<\/p>\n
JUDGE<\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court Mr Praveen Chander Chugh vs The Official Liquidator Of M\/S … on 2 December, 2009 Author: K.L.Manjunath And Kumar IN THE HIGH COURT OF KARNATAF;AQ”BH.13}.(;\u00a7ALDREV_V ” ” DATED THIS THE 2ND DAY’ oE’DE<:\u00e9*;eM'EER,'"?;CQ9i:_j THE HONBLE MR. JLTEHCE H_;.z\u00bb4ANJLTNATH THE HoN'EL,E,;v1R. ARAVTND o.s..wo.25 CQMEANY Vzw.' 181 1\/2003 'H<ip}\u00e9Eff1T1_e'1%g\u00a7jo,66\/ 1996 BETW.\u00a5.rE.Ei\u00a7 V. ' l […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,20],"tags":[],"class_list":["post-3888","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nMr Praveen Chander Chugh vs The Official Liquidator Of M\/S ... on 2 December, 2009 - Free Judgements of Supreme Court & High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/mr-praveen-chander-chugh-vs-the-official-liquidator-of-ms-on-2-december-2009\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mr Praveen Chander Chugh vs The Official Liquidator Of M\/S ... on 2 December, 2009 - 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