Single judge disposed of notice of motion in insolvency proceedings. Court set aside order adjudging applicant as insolvent as it was based on a decree subsequently quashed. Ordered Official Assignee not to charge commission.
Lifted order adjudging applicant as insolvent; instructed Official Assignee not to charge commission.
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NMIS 9 of 2013 (916)
IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN INSOLVENCY
NOTICE OF MOTION NO.9 OF 2013 IN
INSOLVENCY PETITION NO.80 OF 2006
Santosh Kumar Bagla …..Applicant/Insolvent versus M/s. First Leasing Company of India …..Petitioning Creditor
Mr. Ramesh Jain, for Insolvent. Mr. M.D.Narvekar, Official Assignee, present.
CORAM: S. J. KATHAWALLA, J.
DATE: 1st APRIL, 2014
P. C.
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NMIS 9 of 2013 (916)
any commission to Mr. Santosh Kumar Bagla.
( S.J.KATHAWALLA, J. )
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2 issues framed by the court
Whether the order adjudging the applicant as insolvent survives after the impugned decree is set aside.
Whether the Official Assignee needs to charge commission on the set aside order.
Santosh Kumar Bagla
S. J. Kathawalla
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
