THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.1008 of 2011 30th August, 2011 Between :​- National Insurance Co.Ltd. .. Applicant And M/s.Allwyn Watches Ltd., Rep.by the Official Liquidator, High Court of Andhra Pradesh, Hyderabad .. Respondent THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Company Application No.1008 of 2011 ORDER:- This is an application to condone delay of 5 days in submitting the claim before the Official Liquidator representing M/s.Allwyn Watches Ltd (in Liqn). Heard learned Counsel appearing for the applicant and the Official Liquidator representing the respondent. This Court by an order dated 11-12-2006 made in C.P.No.108 of 2001 directed for winding up of M/s.Allwyn Watches Limited and appointed the Official Liquidator attached to this Court as its Provisional Liquidator. The Official Liquidator took possession of the assets of the Company and sold the same and realized the proceeds. Thereafter, the Official Liquidator called for claims from the Creditors of the Company by publishing in Deccan Chronicle (English daily newspaper) and Andhra Jyothi (Telugu daily newspaper) by fixing the last date of receiving the claims 4-5-2011. The applicant claims to be the secured creditor of the Company (in Liqn). As there is delay of ‘5’ days in submitting the claim in the prescribed format before the Official Liquidator, the applicant has filed this application to condone the delay. Perused the affidavit filed in support of the application. G.Nadhamuni, Deputy General Manager of the applicant Company has sworn to the affidavit. The circumstances under which delay occurred have been stated in the affidavit. In view of the reasons stated in the affidavit, delay of ‘5’ days in submitting the claim before the Official Liquidator is condoned. Accordingly, the Company Application is ordered. No costs. ________________________ B.Seshasayana Reddy, J 30th August, 2011 smr