L And T Finance Limited v. Rajesh Rai (Borrower) S/O Asha Ram Rai And ANR

crr 178 of 2016 (903).sxw

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVER'S REPORT NO.178 OF 2016 IN ARBITRATION PETITION NO.45 OF 2015 L and T Finance Ltd.

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Petitioner versus Rajesh Rai and Anr.

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Respondents Mr. Sandesh Godse i/by M/s. Vivek Patil and Associates, for Petitioner. Mrs. Pooja Bhaidkar, 2 nd Assistant to Court Receiver, present.

CORAM: S.J. KATHAWALLA, J.

DATE: 14 th JUNE, 2016 P.C.:

1.

Perused the Report. The Report is allowed in terms of prayer clauses (a) and (b), which are reproduced hereunder :

"(a)The Petitioner Company may be directed to deposit a sum of Rs.8,000/- in the Office of the Court Receiver within time stipulated with interest at the rate as Hon'ble Court may deem fit and proper; (b)That the costs of an incidental to this report be fixed Rs.3,000/- and the Petitioner may be directed to deposit the same in the Office of the Court Receiver, High Court, Bombay;

2.

The learned Advocates for the Plaintiff undertakes to pay the amounts set out in prayer clauses (a) and (b) above to the Court Receiver within a period of one week from today. The undertaking is accepted. The Report is accordingly disposed of. ( S.J.KATHAWALLA, J. ) ssp 1/1