Bombay High Court
None 152 of 2006 on 5 December 2003
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
IN INSOLVENCY
REPORT NO. 152 OF 2006ININSOLVENCY NO. 73 OF 1970
Re.: P.G. Thakkar.Ex-parte :Chellaram Fatehchand.
... Insolvent.
... Petitioning Creditors.
.....
Mr. G.G. Ketkar, 1st Asstt. to Official Assignee.
.....
CORAM : DR. D.Y. CHANDRACHUD,J.
22ND DECEMBER, 2006.
P.C. :
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1. The Official Assignee has already declared a firstDividend of Rs.0.100 ps. in a rupee on 05th December2003. After taking necessary instructions, inchargeOfficial Assignee has stated that he is in a position todeclare interest at the rate of Rs.6.00% per annum. Nofurther recoveries are possible in the estate.2.The total funds lying in the account of the estateof Rs.28,179.44 ps. The Assignee has also prayed for anorder of annulment under Section 21(1) of the Presidency Towns Insolvency Act, 1909.
3. The report is made absolute in terms of prayer clauses (a) and (b).
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