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

CASE DISPOSED

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

Presidency Towns Insolvancy Act 1909 Section 13

Petitioner(s)

MAYA PANKAJ PATEL, APPLICANT

Adv. Nomaan Coatwala

Respondent(s)

M/s. OTARMAL KANTILAL AND CO. AND OTHERS

Orders

17-04-2026
HON'BLE SHRI JUSTICE JITENDRA SHANTILAL JAIN

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.

casestatus.in Summary

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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