The court allowed an interim application to delete two specific assets comprising 50 shares each of Nirma Ltd. from the schedule of assets in an ongoing letter of administration proceeding, as the petitioner chose not to claim them.
Items 12 and 13 (50 shares each of Nirma Ltd.) were deleted from the schedule of assets (Annexure C).
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KRISHAN LAL WADHAWA ..... Petitioner Through Ms.Deeksha Nayyar with Mr.Radhika Arora and Ms.Namrata Arora, Advocates. versus THE STATE (N.C.T OF DELHI) & ORS ..... Respondents Through
CORAM: HON'BLE MR. JUSTICE MANMOHAN
Present application has been filed for deleting two of the assets from the list of assets. It is pertinent to mention that the petitioner’s petition for grant of letter of administration was allowed by this Court vide order dated 02nd November, 2016. Learned counsel for the petitioner states that the petitioner does not intend to claim any letter of administration in respect of items 12 and 13 mentioned in the schedule of assets.
Consequently, the item nos.12 and 13, which relate to 50 share each of Nirma Ltd., are deleted from the list of assets i.e. Annexure ‘C’.
Accordingly, the application stands allowed.
MANMOHAN, J
NOVEMBER 13, 2017/KA
Krishan Lal Wadhawa
The State (N.C.T of Delhi) & Ors
Manmohan
As recorded by the court registry
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