Official Assignee High Court, Bombaym/s. Shah Devji Shivji v. M/s. Serwell Printers and Ors.
Case brief
What is this about?
Short procedural insolvency order, High Court of Judicature at Bombay, Jitendra Jain, J., dated 9 January 2026. Official Assignee's Report No.1 of 2026 and OAR No.85 of 2025 in Insolvency Petition No.44 of 2004; insolvents M/s. Servewell Printers & Ors.; petitioning creditor M/s. Shah Devji Shivji & Co.; buyer Rajesh Pareira; counsel Anil P. Bagwe, Neha Raut (i/by Kiran Jain & Co.), Jash Gandhi; Official Assignee C. J. Bhatt present. Prayers (A)-(D) of OAR No.1 of 2026 allowed after perusing the report and minutes of meeting dated 7 January 2026; report made absolute; successful bidder to pay balance sale amount per original notice for sale; OAR No.85 of 2025 disposed of as superseded. Keywords: official assignee's report, insolvency sale, balance purchase price, meeting minutes, disposal of earlier report.
What did the court decide?
Prayer clauses (A) to (D) of Official Assignee's Report No.1 of 2026 allowed and the report made absolute; successful bidder directed to pay the balance amount as per the terms and conditions of the original notice for sale; consequently OAR No.85 of 2025 disposed of as it does not survive.