1 IN IN IN THE HIGH COURT OF JUDICATURE OF BOMBAY THE HIGH COURT OF JUDICATURE OF BOMBAY THE HIGH COURT OF JUDICATURE OF BOMBAY ORDINARY ORDINARY ORDINARY ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION NO.1541 OF 2008 IN COMPANY PETITION NO.743 OF 1990 United Metachem Pvt.Ltd. ..Petitioner. And Kapil D. Jain. ..Applicant. V/s. Official Liquidator ..Respondent. Ms.Sunita Landay i/b. L.J.Law for applicant. Mr.N.M.Ganguli for respondent. Mr.S.Ramakanta, Dy. O.L. CORAM: CORAM: CORAM: A.M.KHANWILKAR,J A.M.KHANWILKAR,J A.M.KHANWILKAR,J DATE DATE DATE : NOVEMBER 28, 2008. : NOVEMBER 28, 2008. : NOVEMBER 28, 2008. P.C. P.C. P.C. : : : 1. There is delay of around 90 days in execution of the deed of assignment which the applicant wants to be condoned. The only explanation offered is that the Applicant is unaware that execution of deed of assignment is to be done within time limit. Representative of the Official Liquidator rightly submits that this is not sufficient cause. Even so, in the interest of justice, Application is made absolute in terms of prayer clauses (a) and (b) on condition that the Applicant shall pay costs quantified at Rs.2,500/- to the High Court Legal 2 Services Committee within one week from today. Payment of cost is condition precedent for allowing this Application. (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J) (A.M.KHANWILKAR,J)