Court disposed of an insolvency petition where petitioning creditors, having received full and final settlement of dues pursuant to a Supreme Court order, chose not to press their petition.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
INSOLVENCY PETITION NO. 51 OF 2006
RE : Bhupendra Champaklal Devidas ...Debtor
Ex-parte
Nish Patel & Ors.
…Petitioning Creditors
Ms.Mrinalini Rajpal i/b. Dhoijode Associates for Petitioning Creditors.
CORAM : S.C. GUPTE, J.
6 OCTOBER 2015
P.C. :
Learned Counsel for the Petitioning Creditors states that in pursuance of an order passed by the Supreme Court in IA 31-33/2010 in Civil Appeal Nos. 296-298 of 2003, the Petitioning Creditors have received payments from the debtor in full and final settlement of the decretal dues. The Petitioning Creditors have no claim now against the debtor in respect of the decree. Learned Counsel does not press the petition.
3 In the premises, the petition is disposed of with no order.
(S.C. Gupte, J.)
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CERTIFICATE
Certified to be true and correct copy of the original signed Judgment/Order :
Nish Patel & Ors.
Bhupendra Champaklal Devidas
S.C. GUPTE
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
