Sacha Finance And Developers Co. Through Partner, Aanchal Dusija, Applicant/Dinesh Kumar Agrawal v. Smt. Malti Jayant Soni And ORS.

Sayyed 28-INPT.2.2024.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

IN ITS INSOLVENCY JURISDICTION INSOLVENCY PETITION NO.2 OF 2024 Re.:

Malti Jayant Soni & Ors.

...Judgment Debtors Ex-parte:

Dinesh Kumar Agrawal ...Petitioning Creditor WITH NOTICE OF MOTION NO.12 OF 2025 WITH NOTICE OF MOTION NO.15 OF 2025 IN INSOLVENCY PETITION NO.2 OF 2024 _____________________________________________________ Mr. Anuj N. Narula i/by Jhangiani Narula & Associates for judgmentdebtors. Ms. Sunanda R. Kumbhat a/w Mr. Karthik Pillai for Applicant. Mrs. Rekha Rane, Insolvency Registrar present. _____________________________________________________ CORAM :

JITENDRA JAIN, J.

DATE :

16 JANUARY 2026 P.C.:

1.

Mr. Narula, learned counsel for the judgment debtors states that as per the earlier order, the debtor had undertaken to pay the full amount on or before 15 February 2026.

2.

Mr. Narula, on instructions, states that his client will comply with the earlier order of clearing dues on or before 15 February 2026. The said statement is to be treated as undertaking to the Court. If the judgment debtor does not clear all the dues on or before 15 February 2026, then he will be declared as insolvent without recourse to the Court.

Sayyed 28-INPT.2.2024.doc 3.

At this stage, Mr. Narula requests that his client should be given one more week as a grace period for making the payment. The said request is accepted subject to payment of further Rs.5,00,000/- to Tata Memorial Hospital. If the dues are not cleared on or before 22 February 2026 and sum of Rs.5,00,000/- is not paid to Tata Memorial Hospital then the judgment debtor will be treated as "insolvent" without recourse to the Court. It is clarified that Rs.5,00,000/- is to be paid only if dues are not cleared before 15 February 2026. 4.

The amount to be paid is the decretal amount alongwith interest specified therein till realisation.

5.

List this matter on 27 February 2026.

[ JITENDRA JAIN, J. ] Signed by: Sayyed Saeed Ali Designation: PA To Honourable Judge Date: 17/01/2026 11:23:30