L And T Finance Limited v. Rajesh Kumar Sahu (Borrower) And ANR

7 CRR 718-15.doc FARAD CONTINUATION SHEET

IN THE HIGH COURT OF JUDICATURE AT BOMBAY.

ORDINARY ORIGINAL CIVIL JURISDICTION.

COURT RECEIVER'S REPORT NO. 718 OF 2015 IN ARBITRATION PETITION NO. 890 OF 2015 Office Notes, Office Memoranda of Coram, Appearances, court's orders or directions and Prothonotary's orders Court's or Judge's orders Mr. Sandesh Godse a/w Sharayu Pednekar i/b Vivek Patil & Associates for the petitioner.

Mrs. Sushma Baidkar, IInd Asst. to Court Receiver present.

CORAM : K. K. TATED, J.

DATED : 28/01/2016 P.C.:

.

Heard.

This report is filed by the Court Receiver for discharge in view of non-lodgement of Petition and order passed by this Court dated 05.08.2015.

The learned Counsel for the petitioner submits that they do not want to proceed with the appointment of Court Receiver. He submits that they are ready and willing to pay cost of the Court Receiver within four weeks from today.

Considering the submissions made by the Sneha Chavan 1/2

7 CRR 718-15.doc learned Counsel for the petitioner and perusing the report, the following order is passed.

a) Court Receiver's Report is made absolute in terms of prayer clauses (a) and (b), which read thus: "a) Court Receiver be discharged in view of non-lodgement of Petition and order by petitioner company.

b) Cost of this report in the sum of Rs.3000/- the petitioner may be directed to deposit the same with the Court Receiver."

b) Petitioner to make payment of Court Receiver's charges within four weeks from today. c) If payment is not paid within stipulated time as stated herein above, Court Receiver is directed to place the matter on board for further directions.

d) Court Receiver's Report stands disposed of accordingly.

(K.K.TATED, J.) Sneha Chavan 2/2