MAYA PANKAJ PATEL, APPLICANT vs M/s. OTARMAL KANTILAL AND CO. AND OTHERS — NMIS/5/2025
Case under Presidency Towns Insolvancy Act 1909 Section 13. Disposed: Contested--DISPOSED OFF on 18th March 2025.
CNR: HCBM020020452025
Filing Number
NMIS/2044/2025
Filing Date
20-01-2025
Registration No
NMIS/5/2025
Registration Date
12-02-2025
Judge
HON'BLE SHRI JUSTICE ABHAY AHUJA
Coram
HON'BLE SHRI JUSTICE ABHAY AHUJA
Bench Type
Single
Judicial Branch
Original
Decision Date
18th March 2025
Nature of Disposal
Contested--DISPOSED OFF
Acts & Sections
Petitioner(s)
MAYA PANKAJ PATEL, APPLICANT
Adv. Nomaan Coatwala
Respondent(s)
M/s. OTARMAL KANTILAL AND CO. AND OTHERS
Orders
Case Summary: NMIS/5/2025 The Bombay High Court annulled the insolvency order against Maya Pankaj Patel after her well-wisher deposited Rs. 2,00,000 with the Official Assignee and filed an undertaking cum indemnity bond, satisfying the conditions set in the March 18, 2025 order. The court also conditionally annulled the insolvency order against co-insolvent Bharti Joshi, subject to her filing a similar undertaking cum indemnity bond within four weeks. This case analysis is maintained by casestatus.in based on publicly available court records.
Case Summary: NMIS/5/2025 The Bombay High Court annulled the insolvency order against Maya Pankaj Patel after her well-wisher deposited Rs. 2,00,000 with the Official Assignee and filed an undertaking cum indemnity bond, satisfying the conditions set in the March 18, 2025 order. The court also conditionally annulled the insolvency order against co-insolvent Bharti Joshi, subject to her filing a similar undertaking cum indemnity bond within four weeks. This case analysis is maintained by casestatus.in based on publicly available court records.
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