The Official Assignee, High Court, Bombay v. M/S Mitterson Rupchand

8-OAR-28-2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

IN ITS INSOLVENCY JURISDICTION OFFICIAL ASSIGNEE REPORT NO. 28 OF 2025 IN INSOLVENCY PETITION NO. 26 OF 1997 Re :

M/s. Mitterson Rupchand & Ors.

... Insolvents Ex-parte:

Union Bank of India ...Petitioning Creditor Mr. Allen Mathew i/b Kamshed Ansari for the Petitioning Creditor. Mr. O. A. Das for the Claimants Ms. C. J. Bhatt, Official Assignee with Mr. Subodh Patil, Deputy Official Assignee and Mr. D. B. Iswalkar, 1st Assistant Official Assignee present. Ms. Rekha Rane, Insolvency Registrar present.

CORAM

:

ABHAY AHUJA, J.

DATE :

1st APRIL 2025 P.C. :

1.

This Official Assignee's Report seeks the following prayers:- "(A) that, the Eastern Chambers Premises Co-op. Society Ltd., Poona Street, Dana Bunder, Chinchbunder, Mumbai400 009 may be directed to provide all relevant documents of the Unit No. 45 to the Official Assignee.

(B) that the Official Assignee may be permitted to reappoint a Valuer viz. Vastukala Valuers (as already appointed earlier) or any other valuer from the panel of the High Court, Bombay for fresh valuation of the said Unit No. 45, Eastern Chambers Premises Co-op. Society Ltd. Poona Street, Dana Bunder, Chinchbunder Mumbai-400 009. Digitally signed by NIKITA YOGESH GADGIL Date:

2025.04.01 19:17:26 +0530 NIKITA YOGESH GADGIL (C) that the Valuer fees/ charges fo the Valuation may be paid from surplus amount which was deposited by the Petitioning Creditor and directed to the Petitioning Creditor Nikita Gadgil 1/2

8-OAR-28-2025.doc to deposit further sum if any, and when intimated, towards further expenses/professional fees of the valuer." 2.

Learned Official Assignee submits that the relevant documents with respect to Unit No. 45 are yet to be provided by the Eastern Chambers Premises co-op. Society Limited. That, therefore, this Court may direct that the said documents be provided to the Official Assignee.

3.

It is also submitted that the valuer be appointed for fresh valuation as the earlier valuation is pre-covid. That the valuation charges be allowed to be paid from the amounts deposited by the Petitioning Creditor.

4.

Having heard the learned Counsel for the Petitioning Creditor also having heard the learned Official Assignee, the Official Assignee's Report is made absolute in terms of the aforesaid prayers. (ABHAY AHUJA, J.) Nikita Gadgil 2/2