Bombay High Court

CIVIL APPEAL 155 of 2006 on 20 June 1961

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

IN INSOLVENCY

REPORT NO. 155 OF 2006ININSOLVENCY NO. 53 OF 1961

Re.: K.R. Shenoy.

... Insolvent.

Ex-parte :

The Canara Industrial BankingSyndicate Ltd.

.... Petitioning Creditors......

Mr. G.G. Ketkar, 1st Asstt. to Official Assignee.

.....CORAM : DR. D.Y. CHANDRACHUD,J.22ND DECEMBER, 2006.

P.C. :1.The Official Assignee has prayed that the balanceof Rs.9,301.25 be transferred to the Unclaimed DividendCapital Account under Rule 178 of the Bombay InsolvencyRules, 1910 and thereafter to the Unclaimed DividendCapital Revenue Account and the account may be closed for the administrative purposes. The relevant details are as follows :-

(i) The order of adjudication was passed on 20th June1961.

(ii) The aggregate balance lying with the account of the estate is Rs.9,301.25. No further recoveries are possible in the estate.

2. The report is made absolute in terms of prayer clause (a).

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