1 oar257.10.doc ast IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN INSOLVENCY OFFICIAL ASSIGNEE’S REPORT NO. 257 OF 2010 IN INSOLVENCY PETITION NO.76 OF 2005 Re. : Dhirajlal H. Vora .. Insolvent. Ex-parte : M/s. Marine Container Services (India) Pvt.Ltd... Petitioning Creditor. Ms. Pallavi Kulkarni i/b. M/s. Bilawalla & Co. for Petitioning Creditor. Mr. Dhirajlal Hakimchand Vora-insolvent present in person. Mr. Y.C.Parikh, O.A.present. CORAM: S.C.DHARMADHIKARI, J. DATED: MARCH 1, 2011 P.C. 1 This is the report of the Official Assignee seeking direction to take forcible possession of the vehicle bearing No.MH-01-AC 4854, which was uptill now not disclosed in the Schedule of Assets and Liabilities filed by the Insolvent. The Insolvent has filed an affidavit, in which he has stated that the car/vehicle has been purchased by obtaining a loan from ICICI 2 oar257.10.doc Bank. Therefore, until and unless car loan is repaid, the Bank will not transfer document of the vehicle in his name. 2 After this matter was called out today, the Insolvent who is present in court, has agreed that the vehicle can be taken over by the Official Liquidator. 3 Accordingly, the Official Liquidator is permitted to take physical possession of the car more particularly, described in paragraph-4 of the report. 4 It is stated that the vehicle is presently under repair and Insolvent will hand over the same to the Official Assignee within a period of two weeks from today. Statement accepted as a undertaking to this Court. 5 It is requested by the Official Assignee that the Petitioning Creditor must provide for parking charges or parking facility, as he has no arrangement with him for parking of vehicle. It is stated that the vehicle be parked in the Cooperative Societies’ garage/parking area and the Insolvent states that the vehicle may be parked in the said garage after the possession is taken over by the Official Assignee and the Official Assignee may retain keys 3 oar257.10.doc thereof. 6 The Insolvent will hand over the original and duplicate set of keys of the car alongwith the car to the Official Assignee. 7 The report is disposed of in these terms. (S.C.DHARMADHIKARI, J.)