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Bombay High CourtOAR/4/2018disposed off

Indian Steel And Infrastructure Pvt. Ltd. v. Soumit Ranjan Jena

2018-08-07Hon'Ble Shri Justice K.R. Shriram2 pages

1/2 13.OAR-4-2018.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

IN ITS INSOLVENCY OFFICIAL ASSIGNEE'S REPORT NO.4 OF 2018 IN INSOLVENCY PETITION NO.2 OF 2016 Re. : Soumit Ranjan Jena ....Insolvent Ex-parte :

Indian Steel and Infrastructure Pvt. Ltd.

....Petitioning creditor ---- Mr. Asif Khan I/b. Padyar and Co. for creditor - Punjab National Bank. Mr. M.D. Narvekar, Official Assignee present. ---- CORAM : K.R.SHRIRAM, J.

DATE : 7th AUGUST 2018 P.C.:

Mr. Khan, counsel appearing for Punjab National Bank undertakes to file Vakalatnama within one week from today. Undertaking accepted.

Mr. Khan states that Punjab National Bank will take out an appropriate application for leave to take steps under the SARFAESI Act and for other reliefs.

Application to be filed and copy served on Official Assignee and petitioning creditor within two weeks from today. Affidavit in reply to be filed and copy served within two weeks thereafter. Stand over to 4th September 2018.

If the application, as recorded above by the bank, is not lodged and copy served by 21st August 2018, Official Assignee to proceed on the Gauri Gaekwad

2/2 13.OAR-4-2018.doc basis that reliefs as prayed for in Official Assignee's Report has been granted.

Official Assignee's Report accordingly stands disposed. Gauri Amit Gaekwad Gauri Amit Gaekwad Date: 2018.08.08 18:33:21 +0530 (K.R. SHRIRAM, J.) Gauri Gaekwad