1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVER'S REPORT NO.203 of 2008 IN SUIT NO . 5051 of 1994 The Sangli Bank Ltd. ...Plaintiff V/s. S.C.Gupte & ors. ...Defendant Pradip Shukla & Co. for defendant 1,2 and 3 R.S.Kavle for plaintiff Sangli Bank Harshad Bhadbhade & Sunita Devgonde for Saraswat Bank. Mrs. U.S.Srivastava , 2 nd Asstt. To Court Receiver. CORAM:- SMT. ROSHAN DALVI, J 24TH JULY, 2008 P.C. The Court Receiver has realised Rs. 4,17,000 /- from the sale of movables. Co-operative Society has raised its bill of Rs. 2,34,573.15 upon the Court Receiver. The plaintiff has no objection for payment of Society's bill from the amount lying with the Court Receiver. Prayers (a)&(b) are accordingly granted. 2. Saraswat Co-operative Bank has taken possession of 2 the suit property under Section 13 of the Securitisation Act. They had no knowledge of the appointment of Court Receiver since no Board of Court Receiver, was on the suit premises. Saraswat Bank has produced documents showing the prima- facie claim on the suit property. That would require to be agitated in appropriate proceedings. Consequently, the Court Receiver need not further act upon the suit premises. The Court Receiver shall stand discharged. The Court Receiver shall not offer any amount remaining in the hands of the Court Receiver after payment of the Society's bill and deduction of the Court Receiver's cost charges etc. to the plaintiff. 3. Report is disposed off accordingly. (SMT. ROSHAN DALVI, J)