: 1 : IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVER’S REPORT NO.263 OF 2008 IN SUIT NO.1063 OF 1986 Bank of Maharashtra ..Plaintiffs. Vs. M/s. Enamdar Trading Co. & Ors. ..Defendants. Ms. Veena Kamble for the Plaintiffs. Ms.Madhavi Rane for Defendant Nos.1 and 2. Ms.Shruti Rane for Defendant Nos.5 to 7. Mr.Vinod Kothari i/b. M/s. Apex Law Partner for Erystal Impex Ltd. Mrs.U.S.Srivastava, 2nd Asstt. to Court Receiver. CORAM : S.J. VAZIFDAR, J. CORAM : S.J. VAZIFDAR, J. CORAM : S.J. VAZIFDAR, J. DATED : 8TH AUGUST, DATED : 8TH AUGUST, DATED : 8TH AUGUST, 2008 2008 2008 P.C. : P.C. : P.C. : The first valuation report is based only on the ready reckoner. The valuer was therefore requested to submit a fresh valuation report. The fresh valuation report merely makes vague statements that enquiries have been made with various estate agents, builders, architects. This is despite the fact that the valuation report refers to various complexes around the area. This is not sufficient to enable the Court to estimate the value of the property. : 2 : 2. Since this is an extremely valuable property admeasuring 45,738 sq. ft., it is necessary that a proper valuation report be obtained. 3. The Court Receiver shall appoint an additional valuer for valuing the said property. The valuer is requested to submit a detailed valuation report, giving particulars on which the valuation is based. 4. The valuer to submit his report within four weeks of his appointment 5. Upon receipt of the additional valuation report, the Court Receiver shall place the same before the Court on a fresh report. This report is accordingly disposed of. ***