INPT/78/1961 of M/S L.C. SHEWARAM A FIRM Vs NAGINDAS P. SHAH on 20 March 1962

IN THE HIGH COURT OF JUDICATURE AT BOMBAYIN ITS INSOLVENCY JURISDICTION

OFFCIAL ASSIGNEE'S REPORT DT.18TH NOVEMBER, 2006IN

PETITION NO.78 OF 1961

Re: Nagindas P. Shah..Insolvent.Ex-parte:M/s.L. C. Shewaram, a firm.. Petitioning Creditor....

Mr. Y.C. Parikh, Official Assignee present.

P.C.:

CORAM: DR. D.Y. CHANDRACHUD, J. 21[st] November, 2006.

An order of adjudication was passed on 20[th] March,

1962.

One claim has been received, but the claim was not in the properformat. At present an amount in the aggregate of Rs.18,331.41 islying to the credit of the estate account. The Official Assignee hasprayed that this amount may be transferred to the unclaimeddividend capital account under Rule 178 of the Bombay InsolvencyRules, 1910 and thereafter to the unclaimed dividend capitalrevenue account and the account may be closed foradministrative purposes. Having regard to the circumstances setout in the report of the Official Assignee, there is no reason why theprayer should not be granted. Prayer clause (a) of the report of theOfficial Assignee is accordingly granted.