L And T Finance Limited. v. Bhagavat Singh And ORS

1/2 904 CRR 310-25.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVER'S REPORT NO. 310 OF 2025 IN ARBITRATION PETITION NO. 4 OF 2015 L and T Finance Limited ..

Petitioner

Versus

Bhagavat Singh and ors ..

Respondents ...

None for the Petitioner.

Mr. N.C. Pawar, Court Receiver a/w Mr. Swayam Chopda, OSD to Court Receiver.

CORAM: BHARATI DANGRE, J.

DATED : 18th DECEMBER 2025 P.C:- 1.

The Court Receiver has sought discharge in this matter. The Court Receiver informs that copy of Court Receiver's Report has been supplied to the learned Advocate for the petitioner on his email id available with the office of Court Receiver. Despite such service of Report, none present for the petitioner.

2.

According to the Court Receiver's Report, an appointment for taking possession of hypothecated vehicle was fixed on 11/03/2015, but it could not be materialised as the petitioner had not made arrangements for proceeding to the site.

3.

According to the Court Receiver's Report, there has been no further correspondence or communication on part of the petitioner after 10/07/2015. As a result, no action is taken by the Court Receiver. The Ashish

2/2 904 CRR 310-25.doc matter is simply pending.

4.

Considering the circumstances, the Court Receiver's Report deserves to be allowed in terms of prayer clause (a) and (b) which reads thus:- "(a) That the Hon'ble Court may be pleased to discharge the Court Receiver, High Court, Bombay without passing accounts subject to repayment of costs, charges and expenses of Rs. 29, 541/- to be paid by the Petitioner within stipulated period as directed by the Hon'ble Court; (b) The cost of this report may be quantified at Rs. 5,000/- and the Petitioner may be directed to deposit the same with the Court Receiver;" 5.

Hence, the Court Receiver's report is made absolute in terms of prayer clause (a) and (b) and is accordingly disposed of. (SMT. BHARATI DANGRE, J.) Ashish