CA28-11 1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.28 OF 2011 IN COMPANY PETITION NO.148 OF 1989 Karnataka State Financial Corporation (KSFC). ..Applicant -versus- The Official Liquidator of M/s Jairamdas Udyog Ltd. . ..Respondent Ms.Bhavana Shah, for the Applicant. Dr.T.Pandian, Official Liquidator, present in person. CORAM : S.C.DHARMADHIKARI, J. DATE : 3rd FEBRUARY 2011. P.C.: 1] Heard learned Advocate for applicant and O.L. The applicant is a secured creditor. Its claim is stated to have been lodged with the O.L. but the documents in that behalf were untraceable. A fresh notice to lodge claim was issued by the office of O.L. and pursuant thereto a fresh claim came to be lodged. However, the O.L. informed the applicants that there is delay of 14 years in lodging the claim. 2] For the reasons set out in the affidavit in support and bearing in mind that the claim is of secured creditor so also it being filed afresh and the delay has occurred out of administrative exigencies, the same is CA28-11 2 condoned. 3] The application is made absolute in terms of prayer clauses (a) and (b). Costs quantified at Rs.10,000/- to be paid to O.L. Costs condition precedent and the same be paid within four weeks. If the same are not paid, the claim will not be accepted by O.L. (S.C.DHARMADHIKARI, J)