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Bombay High CourtCRR/750/2015disposed off

L And T Finance Limited v. Mr.Machindra Laxman Rode(Borrower) And 2 ORS

2016-02-11Hon'Ble Shri Justice K.K. Tated2 pages

3 CRR 750-15=.doc FARAD CONTINUATION SHEET

IN THE HIGH COURT OF JUDICATURE AT BOMBAY.

ORDINARY ORIGINAL CIVIL JURISDICTION.

COURT RECEIVER'S REPORT NO. 750 OF 2015 IN ARBITRATION PETITION NO. 734 OF 2014 Office Notes, Office Memoranda of Coram, Appearances, court's orders or directions and Prothonotary's orders Court's or Judge's orders Ms. Sharayu Pednekar i/b Vivek Patil & Asso. for the petitioner.

Mrs. Pooja Baidkar, 2nd Assistant to Court Receiver present.

CORAM : K. K. TATED, J.

DATED : 11/02/2016 P.C.:

.

Heard.

This Court by order dated 09.09.2015 in Arbitration Petition No. 734 of 2015 appointed the Court Receiver.

Court Receiver has submitted the report stating that the petitioner has not lodged the order for taking appropriate steps.

The learned counsel for the petitioner submits that they require some time to lodge the order for appointment of Court Receiver. She further submits that petitioner is ready and willing to pay cost of Rs.3,000/- of Court Receiver in the office of Court Sneha Chavan 1/2

3 CRR 750-15=.doc Receiver, High Court, Bombay within two weeks from today.

Considering this fact, the following order is passed:

a) If appropriate steps are not taken by the petitioner for lodging the order dated 09.09.2015 within two weeks from today, Court Receiver are treated as discharged in view of non lodgment of order by the petitioner.

b) Petitioner to pay cost of Rs.3000/- in the office of Court Receiver, High Court Bombay within two weeks from today.

c) If costs is not deposited within stipulated time as stated herein above, Court Receiver is directed to move before this Court for taking further directions.

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

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