Tata Capital Financial Service Ltd v. Jai Hind Projects Ltd And ANR

crr 93 of 2015 (905).sxw

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVER'S REPORT NO.93 OF 2015 IN ARBITRATION PETITION NO.663 OF 2014 Tata Capital Financial Services Ltd .....Petitioner

Versus

Jai Hind Projects Ltd. and Anr.

.....Respondents Mr. Nikhil Mehta i/by M/s. KMC Legal Venture, for Petitioner. Shri S.S.Deshpande, Court Receiver, present.

CORAM: S.J. KATHAWALLA, J.

DATED: 25th FEBRUARY, 2015 P.C.

1.

Perused the Report dated 10-02-2015. The Report is allowed in terms of prayer clauses (a), (b) and (c), which are reproduced hereunder : (a) Court Receiver be discharged in view of non-lodgment of the order by the Petitioner;

(b) The cost, charges of Court Receiver may kindly be directed to be paid by the Petitioner payable to the office of the Court Receiver;

(c) that costs of this Report may please be awarded in the sum of Rs.3,000/- and be directed to come out of the funds in the hands of the Court Receiver as Receiver herein. 2.

As far as prayer clause (b) is concerned, it is clarified that the Petitioner will be required to pay only an amount of Rs.1,000/- towards ssp 1/2

crr 93 of 2015 (905).sxw establishment charges to the Court Receiver.

3.

The Report is accordingly disposed of.

( S.J.KATHAWALLA, J. ) ssp 2/2