1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN INSOLVENCY NOTICE OF MOTION NO.47 OF 2007 IN INSOLVENCY PETITION NO.66 OF 2003 Re: Naraindas P. Chhabria & anr..... Insolvents Ex-parte: Arora Processos Pvt.Ltd... Petitioning Creditor Mr.B.S.Chandnani for Petitioning Creditor/Applicant. Mr.R.R.Lambey i/by.M/s.Kukreja & Co. for Suppl.Creditor. Mr.R.V.Vengurlekar for Insolvents. Mr.Y.C.Parikh, Official Assignee present. CORAM : ANOOP V. MOHTA,J. DATED : 17th April, 2007 P.C. This notice of motion is for annulment under Section 21(1) of the Presidency Town Insolvency Act, 1909 on the ground of full payment. 2. As per the report of Official Assignee, Bombay, all the creditors as mentioned in the schedule of assets and liabilities have been paid. All creditors are appearing through their respective advocates. All creditors have received their payment. They have therefore no objection for the annulment. 2 3. Taking all this into consideration, notice of motion is made absolute in terms of prayers (a) and (b) which read thus: (a) That the Order of Adjudication passed against Insolvent No.1 Narayandas Parsram Chhabria and Insolvent No.2 Smt.Shakuntala Naraindas Chhabria respectively, herein by the Hon’ble the Insolvency Court on 16.8.2005 may be annulled under Section 21(1) of the Presidency Town Insolvency Act, 1909, on the ground of full payment. (b) That the Private and Public Examination of the Insolvents herein ordered to be dispensed with by this Hon’ble Court. [ANOOP [ANOOP [ANOOP V. MOHTA,J.] V. MOHTA,J.] V. MOHTA,J.]