1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY & ORIGINAL CIVIL JURISDICTION COURT RECEIVER’S REPORT NO. 268 OF 2009 IN SUIT NO. 929 OF 1096 Central Bank of India. ... Plaintiffs. V/s. Mr. Pankajkumar Mirdha. ... Defendant. Ms. Sapana Rachure i/b. T.N. Tripathi & Co. for the Plaintiffs. Mr. V.C. Dhodi, Bank Banager present. CORAM : S.C. DHARMADHIKARI,J. DATED : 22nd SEPTEMBER 2009. P.C. :- This matter was placed before me on last occasion and adjourned to enable the Plaintiffs – Bank to take a decision on the offer submitted by Niketan Chavan. 2. The Suit property/premises were earlier attempted to be sold but could not be disposed off. Subsequently, a Valuation Report was obtained and a meeting for considering the bids and taking a decision was fixed by the Receiver in pursuance of the Valuation Report. Only one offer was received. The bidder is Mr. Niketan Chavan. He was present in Court. He stated that he placed the bid of Rs.80,000/- and is willing to enhance the same. 2 3. Accordingly, the Bank has taken instructions and stated that if the bidder is willing to pay a sum of Rs.1,05,000/-, then, the Bank is ready and willing to have the flat sold in execution to him. 4. When the matter was placed today, Mr. Chavan is present. He states that he is ready and willing to pay the aforesaid amount. He has already deposited a sum of Rs. 25,000/- with the Court Receiver who has been appointed in execution. Mr. Chavan states that he is ready and willing to pay balance of Rs.80,000/- within a period of 10 days from today. Accordingly, if the said amount is deposited within the time stipulated above, then, the Suit premises shall be sold to the bidder Mr. Niketan Chavan and the sale price be adjusted towards the decreetal claim of the Plaintiffs’ Advocate. 5. Report disposed off in the above terms. (S.C. DHARMADHIKARI,J.)