Shree Sai Steel Industries (I) Pvt.Ltd. v. Prakash R.Gandhi And ANR.

2-IRN-8-18.doc Sharayu Khot.

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

IN INSOLVENCY JURISDICTION INSOLVENCY RULE NISI NO. 8 OF 2018 IN INSOLVENCY PETITION NO. 19 OF 2017 WITH NOTICE OF MOTION NO. 1 OF 2019 WITH OFFICIAL ASSIGNEES REPORT NO. 2 OF 2019 Prakash R. Gandhi ...Insolvent Shree Sai Steel Industries (India) Pvt.Ltd.

...Petitioning Creditor

Versus

The Official Assignee of Bombay

...Petitioner

---------- Mr. Manoj Agre, a/w Mr. Harsh Bihani, i/by G.B. Kedia, for the Petitioner.

Mr. Amit Seth, for the Insolvent.

Mr. E.B. Shivkumar, Deputy O.A. present.

Mrs. S.A. Pagedar, 1st Asst. O.A. present.

---------- CORAM :

R.I. CHAGLA J.

DATE : 16 July 2019 1 / 2 July 16, 2019

2-IRN-8-18.doc ORDER :

1.

The learned Counsel for the Petitioning Creditor as well as the learned Counsel for the Insolvent states that the entire dispute between the Petitioning Creditor and the Insolvent has been settled.

2.

Consent Terms have already been signed and accordingly, the Notice of Motion filed in this Court has become infructuous. Accordingly, the Notice of Motion is disposed of on the ground of it having become infructuous.

3.

Liberty is granted to the Insolvent to take out appropriate application seeking relief.

4.

Accordingly, Rule Nisi No. 8 of 2018 is discharged and Official Assignees Report No. 2 of 2019 is disposed of. [R.I. CHAGLA J.] 2 / 2 July 16, 2019