Belated Submission of Claims to Liquidator due to Medical Difficulty of Officer in Charge: NCLT Condones 92 Days Delay [Read Order]

NCLT condoned delay to submit claim of the liquidator considering the medical difficulty of officer
NCLT - Medical Difficulty - Liquidator - Condones - taxscan

The Mumbai Bench of the National Company Law Tribunal (NCLT)condoned 92 days delay as the liquidators delayed to submit claims due to medical difficulty of officer in charge. The Department of State Tax through the Assistant Commissioner of State Tax, Mumbai-VAT-D-829 under Section 42 of the Insolvency and Bankruptcy Code,2016 (‘the Code’) seeking condonation of…

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