Mandvi Co-Op. Bank Ltd. v. Mayur Narendra Chandra And ORS.

VMC 9 IRN-4-2015.odt

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION I.R.N. NO. 4 OF 2015 IN INSOLVENCY PETITION NO.23 OF 2005 Mandvi Co-op. Bank Ltd.

..... Petitioner

VERSUS

Mayur Narendra Chandra and others ..... Respondents .....

None present.

Mr. M. D. Narvekar, Official Assignee present. .....

CORAM :

K. R. SHRIRAM, J.

DATED :

2 nd FEBRUARY, 2016.

P.C.

1.

Advocate for the insolvent accepted rule nisi which was issued only against respondent No.2. On 1st December, 2015, insolvent was not present in court but his advocate accepted the rule nisi. Despite that the insolvent has not provided the schedule of assets and liabilities. He has also not complied with the other requisitions. 2.

Today neither the insolvent nor his advocate is present in court. Therefore, rule nisi is made absolute.

VMC 9 IRN-4-2015.odt 3.

The Petitioning Creditor to deposit Rs.2,000/- with the Official Assignee towards charges of Insolvent No.2. (K. R. SHRIRAM, J.)