The Official Assignee recommended closing Insolvency Petition No. 2 of 2000 due to the expiration of the petitioning creditor and lack of assets in the estate, proposing an absolute report to quash the proceedings.
Official Assignee's Report No. 23 of 2026 made absolute, recommending the closure of the insolvency proceedings.
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.
2026:BHC-OS:9650
Sayyed
7-OAR.23.2026.doc
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS INSOLVENCY JURISDICTION
OFFICIAL ASSIGNEE’S REPORT NO.23 OF 2026 IN
INSOLVENCY PETITION NO.2 OF 2000
Re :
Om Prakash Arora & Anr. …Debtors
Ex-parte : Kantilal Otarmal ...Petitioning Creditor
Adv. Divya D. Jain i/b Mr. Udit Raghuwanshi for the Petitioner Creditor. Ms. C. J. Bhatt, Official Assignee a/w Mr. Subodh Patil, Deputy Official Assignee present.
Ms. Rekha V. Rane, Insolvency Registrar present.
CORAM : JITENDRA JAIN, J. DATE : 17 APRIL 2026
P.C.:
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Sayyed
7-OAR.23.2026.doc
[ JITENDRA JAIN, J. ]
Signed by: Sayyed Saeed Ali Designation: PA To Honourable Judge Date: 17/04/2026 18:29:31
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Kantilal Otarmal
Om Prakash Arora
JITENDRA JAIN
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
