Official Assignee v. Lucky Enterprises and Ors.
Case brief
What is this about?
The court made a Rule Nisi absolute in an insolvency petition. The insolvent failed to lodge required documents with the Official Assignee within the stipulated timeline and did not appear for the scheduled hearing, resulting in the finalization of the adjudication against him.
What did the court decide?
Rule Nisi made absolute against the insolvent.
What the court decided
IRN 1 of 2013
IN THE HIGH COURT OF JUDICTURE AT BOMBAY IN INSOLVENCY
INSOLVENCY RULE NISI NO.1 OF 2013 IN INSOLVENCY PETITION NO.21 OF 2007
Lucky Enterprises and Ors. .....Insolvents Ex-Parte : Ghisalal C. Shah …..Petitioning Creditor
Official Assignee of Bombay
…..Petitioner
Mr. Ramesh Jain, for Petitioning Creditor. Insolvent No.3 absent.
Mr. M.D.Narvekar, Official Assignee, present.
CORAM: S.J.KATHAWALLA, J.
DATE: 7 th MAY 2013
P.C. :
1. On 05-03-2013, this Court passed the following order :
Issues for consideration
2 issues framed by the court
Whether Rule Nisi should be made absolute due to the insolvent's continued non-submission of requisite documents.
Whether indulgence should be granted to the insolvent who failed to comply with previous court orders.
Parties & counsel
- petitioner
Lucky Enterprises and Ors.
- petitioner
Official Assignee of Bombay
- respondent
Riyaz Kamruddin Khan
Coram
Case details
As recorded by the court registry
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