Citicorp Finance (India) Ltd. v. Mohd. Rafique Ansari S/O Mohd,. Usman And ANR

1/2 927 CRR-436-25.odt Salgaonkar

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

MANDIRA MILIND SALGAONKAR MILIND SALGAONKAR Date: 2025.12.23 11:40:53 +0530 ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVER REPORT NO.436 OF 2025 IN ARBITRATION PETITION NO.748 OF 2011 Citicorp Finance (India) Ltd.

..

Petitioner

Versus

Mohd.Rafique Ansari s/o Mohd.

Usman & Anr.

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Respondents ...

Mr.N.C.Pawar, Court Receiver with Mr.Swayam Chopda, OSD to Court Receiver, present.

Ms.Rahila Memon i/b S.I.Joshi & Co. for the Petitioner. CORAM: BHARATI DANGRE, J.

DATE : 18th DECEMBER, 2025 ...

P.C:- 1.

The Court Receiver has sought discharge in the above Petition. The Court receiver informs that copies of Court Receiver Report has been supplied to the learned Advocate for the Petitioner on the E-mail ID available with the office of Court Receiver.

2.

Advocate Ms.Rahila Memon, who has marked her appearance on behalf of the Petitioner, has no objection if the Court Receiver is discharged.

3.

The Court Receiver was appointed in respect of the hypothecated vehicle and the Petitioner had informed the

2/2 927 CRR-436-25.odt Court Receiver that there was no need for visit, as the matter was settled.

4.

According to the Court Receiver Report, there has been no further correspondence or communication on part of the Petitioner, as a result no action is taken by the Court Receiver and the matter is simply pending.

In the wake of the above, the Court Receiver Report deserve to be allowed in terms of prayer clauses (a) and (b). Hence, the Court Receiver Report is made absolute in terms of prayer clauses (a) and (b), which reads thus:- "(a) The Hon'ble Court may be pleased to discharge the Court Receiver, High Court, Bombay without passing of Account after payment of Costs, charges and the expenses of the Court Receiver within a stipulated period as may be directed by the Hon'ble Court. (b) Costs of this report may be quantified at Rs.5,000/- and Petitioner may be directed to pay the said amount with the Court Receiver."

(BHARATI DANGRE, J.)