L And T Finance Limited v. Nilesh A Pawar (Borrower) And 2 ORS

901.903.904.crr.411.2014.doc dik

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVERS REPORT NO. 411 OF 2014 IN ARBITRATION PETITION NO.715 OF 2013 L & T Finance Ltd.

...Petitioner

vs Sushil Kumar S.S.Sharma (Borrower) & Anr.

...Respondents

WITH COURT RECEIVERS REPORT NO. 413 OF 2014 IN ARBITRATION PETITION NO.717 OF 2013 L & T Finance Ltd.

...Petitioner

vs Nilesh A. Pawar (Borrower) & Ors.

...Respondents

WITH COURT RECEIVERS REPORT NO. 414 OF 2014 IN ARBITRATION PETITION NO.793 OF 2013 L & T Finance Ltd.

...Petitioner

vs Harjitsingh Udhmsingh Auluckh(Borrower) & Ors.

...Respondents

.....

Ms Disha Karambar for the Petitioner Mr N.A.Bandodkar, 2nd Assistant to Court Receiver. Mr S.S.Deshpande, Court Receiver, H.C., Bombay. .....

CORAM : S.C. GUPTE, J.

APRIL 07, 2015 P.C. :

The Court Receiver's report seeks discharge on account of non lodgment of the Petition along with the order by the Petitioner. In this matter, a final award has been passed by the Arbitrator appointed in the matter and the Petitioner has now applied for execution. Accordingly, the Petitioner has no objection to the Receiver being discharged. Accordingly, the Court Receiver is discharged without passing accounts, but subject to payment of costs, charges Pg 1 of 2

901.903.904.crr.411.2014.doc and expenses of the Court Receiver by the Petitioner within a period of four weeks from today. The costs of this report awarded in the sum of Rs.3000/- shall also be paid by the Petitioner within a period of four weeks from today. The Court Receiver's report is disposed of accordingly. ( S.C.GUPTE J. ) Pg 2 of 2