Official Assignee of Bombay / Naresh Gopaldas Valecha. v. Navin G. Hotkar
Case brief
What is this about?
Bombay High Court, Ordinary Original Civil Jurisdiction (Insolvency Jurisdiction); Official Assignee's Report No. 57 of 2025 with Notice of Motion (L) No. 30798 of 2025, both in Insolvency Petition No. 16 of 2016; Navin G. Hotkar (insolvent/debtor, through Mr. Ramesh Jain) and Naresh Gopaldas Valecha (petitioning creditor, ex-parte); Coram: Jitendra Jain, J.; decided 07 November 2025; annulment of insolvency order dated 06.12.2016; dispensation of public examination; Rs.30/- deficit deductible from insolvent's estate before refund; OA Report disposed as infructuous.
What did the court decide?
Motion allowed in terms of prayer clauses (a) and (b): annulment of the insolvency order dated 06th December, 2016 and dispensation of public examination of the insolvent; motion disposed of; Official Assignee's Report No. 57 of 2025 disposed of as infructuous.