Rajan Garg v. Cupino Ltd

906. IA 1471-25 in COMESL 528-20.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION NO. 1471 OF 2025 IN COMMERCIAL EXECUTION APPLICATION (L) NO. 528 OF 2020 Rajan Garg ...Applicant In the matter between Cupino Ltd.

...Applicant V/s.

Shree Ahuja Properties & Realtors and Ors.

And Office of the Court Receiver, Bombay and Anr.

...Respondents

Mr. Shadab Jan with Mr. Siddharth Seshadri i/b Pan India Legal Services LLP for the Applicant.

Mr. Sameer Pandit with Ms. Shloka Sah i/b Wadia Ghandy and Co. for the Respondent / Org. Applicant.

Mr. Nikhil Rajani i/b V. Deshpande and Co. for the Respondent No.6. Mrs. Nandini Deshpande, 1st Asst to the Court Receiver.

CORAM

:

ABHAY AHUJA, J.

DATE :

6th OCTOBER, 2025 P.C. :

Interim Application No. 1471 of 2025 with Court Receiver's Report No. 1.

Court Receiver's Report No. 420 of 2025 is not on board. Taken on Board.

2.

After this matter is heard for some time, it emerges that in view of the observations of the Division Bench of this Court, prayer Clause (b) in the Interim Application and the prayer Clauses (a) to (c) in the Court Receiver's Report would need to be allowed. Nikita Gadgil 1/2

906. IA 1471-25 in COMESL 528-20.doc 3.

Accordingly, the Interim Application is allowed and disposed of in terms of prayer Clause (b) and the Court Receiver's Report is allowed in terms of prayer Clauses (a) to (c).

4.

The Interim Application and the Court Receiver's Report to accordingly stand disposed as above.

Court Receiver's Report No. 504 of 2021 5.

Not on board. Taken on board.

6.

Mrs. Deshpande, learned 1st Assistant to the Court Receiver submits that since the possession of the properties not been taken, this Court Receiver's Report No. 504 of 2021 also be disposed of, subject to costs, charges and expenses of the Court Receiver. 7.

The other learned Counsel appearing in the matter have no objection. Ordered accordingly.

8.

The Resolution Professional to bear the costs, charges and expenses of the Court Receiver.

Digitally signed by NIKITA YOGESH GADGIL Date:

2025.10.07 13:23:30 +0530 NIKITA YOGESH GADGIL (ABHAY AHUJA, J.) Nikita Gadgil 2/2