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    <title>2012 (5) TMI 115 - KARNATAKA HIGH COURT</title>
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    <description>The Court condoned the delay in filing the statement of affairs under Section 454 of the Companies Act, subject to the first respondent paying costs of Rs. 10,000 within four weeks to the Official Liquidator. Failure to comply would permit revival of proceedings. The respondents&#039; application seeking condonation of delay was allowed, and they were discharged, concluding the matter.</description>
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      <description>The Court condoned the delay in filing the statement of affairs under Section 454 of the Companies Act, subject to the first respondent paying costs of Rs. 10,000 within four weeks to the Official Liquidator. Failure to comply would permit revival of proceedings. The respondents&#039; application seeking condonation of delay was allowed, and they were discharged, concluding the matter.</description>
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