The Official Assignee's Report filed under Insolvency Petition No. 18 of 2018 was disposed of as the underlying Notice of Motion, which sought leave to enforce SARFAESI measures regarding insolvent property, had already been allowed by this Court in September 2021.
The Official Assignee's Report No. 3 of 2021 is disposed of.
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.
(34)OAR-3-2021.doc
rajshree
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS INSOLVENCY JURISDICTION
OFFICIAL ASSIGNEE’S REPORT NO.3 OF 2021
IN
INSOLVENCY PETITION NO.18 OF 2018
Ashok Mohansing Bajaj ] .. Petitioning Creditor vs. Devang B. Mehta & Anr. ] .. Debtors/Insolvents
Ms.Kavita Lalwanit for the Petitioning Creditor. Mr.D.R. Talekar, I/C Insolvency Registrar present. Mrs.Kanchan Rane, OA present.
CORAM : BHARATI DANGRE, J
DATE : 17th February, 2023.
P.C.
1] My attention is invited to the order dated 21.09.2021 passed in Notice of Motion No.13/2021 filed under Section 17 of the Presidency Towns Insolvency Act, 1909, filed by the SVC Co-Op. Bank Limited, seeking leave to act in furtherance of the measures taken under the provisions of SARFAESI Act, in respect of the property of the Insolvent, being exclusively mortgaged in favour of the Bank. By the said order, Notice of Motion was allowed and the Bank was directed to apprise the Official Assignee of the steps taken from time to time as regards sale of the flat.
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(34)OAR-3-2021.doc
2] In the wake of order being passed by this Court, the OAR No. 3/2021 do not survive and it is disposed off.
[BHARATI DANGRE, J]
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2 provisions across 2 enactments
Ashok Mohansing Bajaj
Devang B. Mehta
Bharati Dangre
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
