Robin Karamchandani v. Jem And Associates And ORS.

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVER'S REPORT NO.51 OF 2020 IN CONTEMPT PETITION NO.147 OF 2019 IN SUIT NO.634 OF 2017 Robin Karamchandani .. Applicant/Plaintiff v/s.

Jem & Associates & Ors.

.. Defendants Mr. Deepak Singh i/b. Solicis Lex for the plaintiff. Mr. Deepak Shukla i/b. Vinod Mistry & Co. for the defendants. Mr. Tushar Dahibawkar i/b. Dahibawkar & Co. for Caparo Financial Solution Ltd.

Ms. Juhi Bhogle i/b. GNP Legal for Reliance Home Finance Ltd. Mr. P. K. Nardele, OSD, Court Receiver.

CORAM : A. K. MENON, J.

DATED : 3 RD MARCH, 2021.

P.C. :

1. The Receiver confirms that both Caparo Financial Solution Ltd. and Yes Bank have given inspection of documents of title. The property is required to be sold and accordingly the Receiver is directed to take further steps since the valuation is said to be 1/2 12.crr-51-20.doc wadhwa

complete. This report need not be kept pending.

2. In the circumstances, I pass the following order; (i) Report is allowed in terms of prayer clause (b). (ii) Yes Bank and Caparo Financial Solution Ltd. are directed to inform the Receiver of their claims within one week from today. (iii) In the meantime, the two leave and license agreements shall not be renewed after their term expires on 14 th November, 2022 and 24 th August, 2023.

(iv) Report is disposed in the above terms.

(A. K. MENON, J.) 2/2 12.crr-51-20.doc wadhwa