INPT/160/1968 of R.C. RANGREJ Vs PAWAR BROS. and ORS. on 7 January 1969

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

IN INSOLVENCYREPORT NO. 166 OF 2006ININSOLVENCY NO. 160 OF 1968

Re.: 1. M/s. Pawar & Bros.

2. B.Y. Pawar (Personal),

3. V.P. Pawar (Personal),4. T.P. Pawar (Personal).

... Insolvents.

Ex-parte :

R.C. Rangrej.

... Petitioning Creditors.

.....

Mr. G.G. Ketkar, 1st Asstt. to Official Assignee......CORAM : DR. D.Y. CHANDRACHUD,J.22ND DECEMBER, 2006.P.C. :1.An order of adjudication was passed on 7th January1969. From time to time, a dividend has been declared bythe Official Assignee as set out in the report. The totalamount lying in the hands of the Official Assignee isRs.50,866.62 ps. The prayer of the Official Assignee isto the following effect :-(a) The Official Assignee may be permittedto club the estate account in the name of[1] B.Y. Pawar (Personal), [2] V.P. Pawar(personal), [3] T.P. Pawar (personal) and[4] M/s. Pawar Brothers & Ors. in orderto declare and distribute dividend to thepreferential creditors of the M/s. PawarBrothers & Ors. on their provedpreferential liability of Rs.71,559/-.2.The Report is made absolute in terms of prayerclause (a).