1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION GUARDIANSHIP PETITION NO.38 OF 2008 Dipak Himmatlal Gandhi ...Petitioner Harsh Dipak Gandhi ] Dhwani Dipak Gandhi ] ...Minors Respondents Mr.F. Dubash i/b. M/s. Pravin Mehta & Mithi & Co., for Petitioner CORAM: SMT.ROSHAN DALVI, J. DATED: 6TH MAY, 2008 P.C. 1. The Petitioner is the father and guardian of 2 minor Respondents. The family property in which the Respondents have 1/27 th undivided share is desired to be sold. The valuation made by the Petitioner for the sale is Rs.7 Crores. The Court ordered a separate valuation. The valuation by the Valuer of the Court is Rs.7,22,50,000 /- . The Petitioner agrees to sell the property at not less than Rs.7,22,50,000 /- . The sale is for the benefit of the minors also. 2. The Petitioner is declared guardian of 2 minor children Harsh and Dhwani. 2 3. The Petitioner shall sell the suit property either to M/s. Apex Enterprises or to any other party for a price not below Rs.7,22,50,000 /- . 4. The Petitioner shall invest 1/27 th of the sale amount in any bonds/FDR of National Bank for Agriculture and Rural Development (NABAD) or Rural Electrification Corporation Limited until the minors attains the majority. 5. The valuation put by the Valuer on Court Panel M/s. Archinova Finance Corporation, is for the property valued in both the Petitions as the same property. The valuation report, therefore, is the same for the same amount. The Valuer's fees of Rs.1,00,000 /- shall be the consolidated fee for both the Petition Nos.38 and 39 of 2008. 6. Petition is disposed off accordingly. (SMT. ROSHAN DALVI, J.)