Tata Capital Financial Services Limited v. Vijay Mehta

chs 1245 of 2016 (947).sxw

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION CHAMBER SUMMONS NO.1245 OF 2016 IN ARBITRATION PETITION NO.124 OF 2016 Tata Capital Financial Services Ltd.

...

Applicant/Petitioner versus Vijay Mehta ...

Respondent Mr. Nilesh Gala i/by M/s. Law Square, for Applicant. None for Respondent.

CORAM: S.J. KATHAWALLA, J.

DATE: 30th JUNE, 2016 P.C.:

1.

Perused the Chamber Summons and the Affidavit in support thereto. For reasons set out in the Affidavit in support of the Chamber Summons, the Chamber Summons is allowed in terms of prayer clause (a), which is reproduced hereunder :

"(a)that the Court Receiver, High Court, Bombay, be discharged in respect of suit asset as more particularly described in Exhibit E to the Petition without passing of accounts and on payment of costs, charges and expenses if any, by the Petitioner"; 2.

The Court Receiver shall submit the statement of accounts to the Petitioner and the payments/refund, if any, shall be made within a period of two ssp 1/2

chs 1245 of 2016 (947).sxw weeks from the date of finalization of accounts. The Chamber Summons is accordingly disposed of.

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