OFFICIAL ASSIGNEE/ M/S. OTARMAL KANTILAL and CO., OA vs MAYA PANKAJ PATEL AND BHARTI K. JOSHI — OAR/55/2025

Case under Presidency Towns Insolvancy Act 1909 Section 13. Disposed: Contested--DISPOSED OFF on 06th March 2026.

CNR: HCBM020278152025

CASE DISPOSED

Filing Number

OAR/27815/2025

Filing Date

09-09-2025

Registration No

OAR/55/2025

Registration Date

09-09-2025

Judge

HON'BLE SHRI JUSTICE JITENDRA SHANTILAL JAIN

Coram

HON'BLE SHRI JUSTICE JITENDRA SHANTILAL JAIN

Bench Type

Single

Judicial Branch

Original

Decision Date

06th March 2026

Nature of Disposal

Contested--DISPOSED OFF

Acts & Sections

Presidency Towns Insolvancy Act 1909 Section 13

Petitioner(s)

OFFICIAL ASSIGNEE/ M/S. OTARMAL KANTILAL and CO., OA

Respondent(s)

MAYA PANKAJ PATEL AND BHARTI K. JOSHI

Hearing History

Judge: HON'BLE SHRI JUSTICE JITENDRA SHANTILAL JAIN

19-09-2025

OFFICIAL ASSIGNEE REPORT FOR DIRECTION

Orders

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

The High Court of Bombay annulled the insolvency order against Maya Pankaj Patel after her well-wisher deposited Rs. 2,00,000 with the Official Assignee and transferred it to the petitioning creditor, complying with conditions set in the March 18, 2025 order. The insolvency order against co-insolvent Bharti K. Joshi was also annulled, conditional on her filing an undertaking cum indemnity bond from her well-wisher within four weeks. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

The High Court of Bombay annulled the insolvency order against Maya Pankaj Patel after her well-wisher deposited Rs. 2,00,000 with the Official Assignee and transferred it to the petitioning creditor, complying with conditions set in the March 18, 2025 order. The insolvency order against co-insolvent Bharti K. Joshi was also annulled, conditional on her filing an undertaking cum indemnity bond from her well-wisher within four weeks. This case analysis is maintained by casestatus.in based on publicly available court records.

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