Powertech Tools Private Limited, Applicant v. Anant V. Hegde And ANR.

1-NMIS-2-2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

IN ITS INSOLVENCY JURISDICTION NOTICE OF MOTION NO.2 OF 2025 IN INSOLVENCY PETITION NO.71 OF 2006 POWERTECH TOOLS PRIVATE LIMITED )...APPLICANT V/s.

ANANT VIGNESHWAR HEGDE AND OTHERS )...RESPONDENTS Mr. Farhan Dubash with Ms. Dipali Sheth, Mr. Shubham Mehta, Mr.Mohil Mudaliar and Ms. Ashwini Rajan i/b Eternity Legal for the Applicant.

Mr.A.R. Bamne i/b M/s. A.R. Bamne & Co., Advocate for the Respondent No.3.

Mr. Ernest Tuscano i/b Mr. Anil Dsouza for the Respondent No.4. Mr. Yogeshwar S. Bhate i/b Mr. Anil P. Bagwe for the Insolvents. Mrs. Chandan Bhatt, Official Assignee, a/w Mr.Subodh Patil, Deputy Official Assignee, High Court of Bombay are present in Court. Mrs.Rekha Rane-Insolvency Registrar is present in Court.

CORAM

:

ABHAY AHUJA, J.

DATE :

7th AUGUST 2025 P.C. :

1.

Mr.Farhan Dubash, learned Counsel for the Applicant has concluded his arguments in support of the Notice of Motion. 2.

For the learned Counsel of Respondents No.1 to 4 to Reply and for Mr.Dubash, learned Counsel to rejoind, list on 11th September, 2025 as part heard.

KSG 1/2

1-NMIS-2-2025.doc 3.

Let the original Agreement dated 9th December, 1985 and the Share Certificate, copies whereof are annexed at Pages No.35 to 72 of the Affidavit in support of Notice of Motion also be produced on the next date.

(ABHAY AHUJA, J.) Digitally signed by KIRAN SANJAY GHUGE Date:

2025.08.08 19:29:45 +0530 KIRAN SANJAY GHUGE KSG 2/2