The Official Assignee, High Court, Bombay v. Navin G. Hotkar
Case brief
What is this about?
Bombay High Court Insolvency Jurisdiction; Rule Nisi No. 2 of 2025 in Insolvency Petition No. 16 of 2016; insolvent Navin G. Hotkar; petitioning creditor Naresh Gopaldas Valecha (ex parte); Official Assignee of Bombay (Mrs. C. J. Bhatt); counsel Ramesh Jain; undertaking to comply with Official Assignee's requisitions and remain present; Rule Nisi discharged subject to undertaking; breach to attract appropriate proceedings; decided by Abhay Ahuja, J. on 18 March 2025.
What did the court decide?
Rule Nisi No. 2 of 2025 stands discharged subject to the Insolvent's undertaking to comply with the requisitions and remain present before the Official Assignee as and when called for. ¶¶14