Testamentary petition applicants sought leave to deposit one-third share of sale proceeds for a missing heir, as per earlier undertaking given in April 2021 order. Court permitted deposit of Rs.15,66,966/- to be kept in an interest-bearing account.
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40-ia-1731-2024.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY TESTAMENTARY AND INTESTATE JURISDICTION
INTERIM APPLICATION NO.1731 OF 2024 IN
TESTAMENTARY PETITION NO.1030 OF 2006
VISHAL SUBHASH PAREKAR
Digitally signed by VISHAL SUBHASH PAREKAR Date: 2024.07.19 10:39:40 +0530
Lakshmi Lalit Kadam and Anr. ...Applicants vs. Rajendra Rao @ Rajendra Gopalkrishna Rao ...Deceased
Mr. Prabhu Velar, for the Applicants.
CORAM : N. J. JAMADAR, J. DATE : JULY 16, 2024
P.C.:
known was disposed of upon the petitioners furnishing an undertaking to deposit 1/3 rd of the sale proceeds, upon the sale of the assets of the deceased.
Vishal Parekar
...1
40-ia-1731-2024.doc
dispensed with.
5] I will accept this undertaking. The Petitioners will file a separate undertaking in Court. The Petitioners are to inform the Prothonotary and Senior Master of every step that they are taking towards liquidation of the mutual funds and realization of bank accounts and will file an Affidavit when items 1 to 8 are realized. One-third of the total amount realized will be deposited in Court along with a statement of account. On deposit, that amount will be invested in the usual manner. Ashok G Rao, or his heirs, may at any time thereafter apply for withdrawal of the amount deposited and accrued interest.
Application disposed.
Vishal Parekar
...2
1 issue framed by the court
Whether the applicants may deposit one-third of sale proceeds computed at Rs.15,66,966/- towards the share of missing heir Ashok Gopalkrishna Rao in lieu of surety.
Lakshmi Lalit Kadam and Anr.
Rajendra Rao @ Rajendra Gopalkrishna Rao
N. J. Jamadar
As recorded by the court registry
2 orders share this CNR
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