IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORIDNARY ORIGINAL CIVIL JURISIDICTION ORIDNARY ORIGINAL CIVIL JURISIDICTION ORIDNARY ORIGINAL CIVIL JURISIDICTION COMPANY PETITION NO.990 OF 2002 IN COMPANY APPLICATION (L) NO.525 OF 2004 Dilip Dattatraya Velankar .. Applicant Court Receiver Vs. Motee Jehandir Harmuzdi .. Respondent And The Official Liquidator of M/s.Shetty Coastal Development P.Ltd. Mr.Rajesh Shah for the purchaser Mr.D.H.Mehta i/b B.V.Sawant for Kalyan Janta Sahakari Bank and Thane Janta Sahakari Bank Mr.P.Y.Naik for D.Velankar, Court Receiver Mr.S.C.Gupta, Official Liquidator present CORAM: S.U. KAMDAR, J. CORAM: S.U. KAMDAR, J. CORAM: S.U. KAMDAR, J. DATE : 5TH MAY, 2005 DATE : 5TH MAY, 2005 DATE : 5TH MAY, 2005 ORDER ON OFFICIAL LIQUIDATORS REPORT DT.4.5.05 P.C. : P.C. : P.C. : . In view of the fact that the purchaser has made entire payment of the amount due and payable under the auction sale which has been confirmed by this court by order dt.4.3.05 the private receiver appointed by Co-operative court is directed to hand over vacant and peaceful possession to the purchaser within 7 days. Liquidator to execute necessary conveyance within 3 weeks from today. Report is disposed of accordingly. Liquidator will be entitled to adjust from the sale proceeds the cost charges and expenses of the sale as well as cost quantified at Rs.10,000/-