1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVER'S REPORT NO. 416 OF 2008 IN ARBITRATION PETITION NO. 37 OF 2004 Niskalp Investment & Trading Co. Ltd. ...Petitioner Vs. A.C.Caremoters Pvt. Ltd. & Anr. ...Respondents Mr.Chirag Balsara, Mr. Akbar Rizvi for Petitioner i/b. Mulla & Mulla Ms.Amarjit Kaur for Respondents Mr. D.V. Deokar, 1st Asstt. Court Receiver CORAM: SMT.ROSHAN DALVI, J. DATED: 4 TH DECEMBER, 2008 P.C. 1. An Award has been passed on 1st February, 2006 for Rs.19,87,59,152.96. That Award has to be executed in the Court at Trichur, Kerala. The Award/Decree was transferred to Trichur Court, Kerala. The Petitioner applied for revoking the order of transfer. That has not been allowed. The Petitioner accepts that the Petitioner shall have to execute the Award in Trichur, Kerala consequent upon the transfer of the Award there. 2. Court Receiver was appointed pending the Arbitration 2 Petition. The Court Receiver has continued even after the Award was passed. Ofcourse the Court Receiver cannot continue in perpetuity, the Petitioner accepts that position. 3. Mr. Balsara on behalf of the Petitioner applies for continuation of Court Receiver for 4 months during which the Petitioner would adopt execution proceedings in Trichur Court. The Advocate for the Respondents opposes. 4. It is seen that the Court Receiver has continued even after the Award passed in February 2006. The Court Receiver is allowed to further continue for a period of 2 months. 5. The Court Receiver shall stand discharged at the end of the period of 2 months from today without passing accounts and upon payment of his costs, charges and expenses. 6. The Court Receiver's Report is disposed off accordingly. (SMT. ROSHAN DALVI, J.)