IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN ITS INSOLVENCY JURISDICTION OFFICIAL ASSIGNEE'S REPORT NO. 135 OF 2006 IN PETITION NO.29 OF 1964 Re: Jitendra H. Diwan ..Insolvent. Ex-parte : M/s. Nanavati Tijoriwala & Co. ..Petitioning Creditor. ... Mr. Y.C. Parikh, Official Assignee present. CORAM: DR. D.Y. CHANDRACHUD, J. 19th December, 2006. P.C. : An order of adjudication was passed on 18th March, 1965. The total proved liabilities are Rs.2,60,024.86. After declaring a dividend @ 100 paise in a rupee, there is a balance of Rs.3,96,884.81 lying against the estate of the Insolvent. The Official Assignee seeks to declare interest @ 6% under Section 49 (6) of the Presidency Towns Insolvency Act, 1909. The Assignee has also sought a direction that thereafter the insolvency may be annulled since all the claims have been met. The report is made absolute in terms of prayer clauses (a) to (c).