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IA(IBC)/160/KOB/2021
IN
IBA/258/CB/2019
1 | P a g e
IN THE NATIONAL COMPANY LAW TRIBUNAL
KOCHI BENCH, KERALA
IA(IBC)/160/KOB/2021
IN
IBA/258/CB/2019
(Under Section 42 of Insolvency and Bankruptcy Code, 2016 read with Rule
11 of the NCLT Rules, 2016)
Order delivered on: 16th November ,2021
Coram:
Hon’ble Mr. Ashok Kumar Borah Member (Judicial)
Hon’ble Mr. Anil Kumar B. Member (Technical)
M/s. Hindustan Petroleum Corporation Limited,
Represented by Mr. Sunil Kumar T.U.,
Kochi LPG Regional Office,
Seaport-Airport Road, Irumpanam P.O.,
Kochi- 682 309.
… Applicant
Versus
Mr. Ravindra Chaturvedi,
(Liquidator of Excel Glasses Limited),
31-E, BKC Centre, Laxmi Industrial Estate,
New Link Road, Andheri (W),
Mumbai- 400 053. … Respondent
Appearance – (through video conferencing).
For Applicant … Shri. Pranoy Harilal, Advocate.
For Respondent … Shri. Ravindra Chaturvedi, Liquidator along with his
Advocate Shri Kunal Kunungo.
ORDER
This IA has been filed under Section 42 of IBC, 2016 read with
Rule 11 of the NCLT Rules, 2016 by M/s. Hindustan Petroleum
IA(IBC)/160/KOB/2021
IN
IBA/258/CB/2019
2 | P a g e
Corporation Limited represented by its Chief Regional Manager in the
matter of M/s. Excel Glasses Limited seeking the following reliefs: -
i.
Condone the delay of 105 days in submission of the claim before the
Respondent.
ii.
Issue a direction to the Respondent to consider/reconsider the
claim submitted by the Applicant.
1. When the matter was taken up for hearing through video conferencing,
the Liquidator submitted that he has no objection in allowing the
IA(IBC)/160/KOB/2021 and that he would consider the claim submitted
by
the
Applicant/Hindustan
Petroleum
Corporation
Limited
on
07.02.2020 along with an affidavit and Court Order of the Sub Judge,
Alappuzha.
2. In view of the above, this IA(IBC)/160/KOB/2021 is disposed of with a
direction to the learned Liquidator to consider the claim of the Applicant
and pass appropriate orders in the matter. It is for the learned Liquidator
to decide whether the delay of 105 days in submission of the claim before
him is to be condoned or not.
Dated this the 16th day of November, 2021
Sd/-
Sd/-
(Anil Kumar B.)
(Ashok Kumar Borah)
Member (Technical)
Member (Judicial)
Rajasree
