The Indure Pvt Ltd v. Ispat Energy Limited

Nitin 1 / 1 919-CRR-110-2016

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVER'S REPORT NO. 110 OF 2016 IN ARBITRATION PETITION NO. 1121 OF 2013 The Indure Private Limited ...

Petitioner

Versus

Ispat Energy Limited ...

Respondent Mr. Luckyraj Indorkar i/b. J. Sagar Associates for the Petitioner. Ms. Zahia Padamsee i/b. Bharucha and Partners for the Respondent. Mr. G.G. Ketkar, 1 st Assistant to Court Receiver, present.

CORAM : S.J. KATHAWALLA, J.

DATED : 15 TH MARCH, 2016 P.C. :

1.

Heard the learned Advocates appearing for the parties. The Court Receiver's Report is allowed in terms of prayer Clauses (a) and (c), which are reproduced hereunder :

"(a) Whether the Court Receiver should make payment of Rs.1,12,360/- against the bill submitted for the said amount by the Valuer - M/s. Amol Bora and Company for carrying out the valuation of movable property.

(c) Cost of this report be awarded in the sum of Rs.3,000/- and the Petitioner may be directed to deposit same with the Court Receiver. "

2.

The dues of the Court Receiver including costs shall be paid by the Petitioner within a period of two weeks from today. The Report is accordingly disposed of.

( S.J.KATHAWALLA, J. )