IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN ITS INSOLVENCY JURISDICTION NOTICE OF MOTION NO.49 OF 2006 IN INSOLVENCY PETITION NO.88 OF 1967 Re: Hafizabegum Syed Abdul Hamid Kadri .. Insolvent Ex-parte- Ashrafali Q.Jairajbhoy (since deceased) ..Pet.Creditor Shri Syed Mohammed Shah Kadri ..Applicant WITH NOTICE OF MOTION NO.142 OF 2005 IN INSOLVENCY PETITION NO.84 OF 196 Re: Syed Abdul Hamid Kadri Insolvent Ex-parte- Ashrafali Q.Jairajbhoy (since deceased) ..Pet.Creditor Syed Mohammed Shah Kadri ..Applicant Ms.Suman Jain for the applicant Mr.U.J.Makhija i/b Mulla and Mulla for Mumbai Port Trust Mr.K.D.Mehta i/b M/s.Payne and Co. for the respondent no.7 Mr.Y.C.Parikh, Official Assignee, present in person CORAM : S.U.KAMDAR, J CORAM : S.U.KAMDAR, J CORAM : S.U.KAMDAR, J DATED : 21ST MARCH, 2006 DATED : 21ST MARCH, 2006 DATED : 21ST MARCH, 2006 P.C.: . Both the insolvents in the present case have expired. In that view of the matter, Insolvency Petition stands terminated. Official Assignee is directed to hold the assets for a period of 16 weeks from today within which all the creditors will be at liberty to obtain appropriate decree against the estate of the deceased and execute the same. In respect of the assets which are in hand by the Official Assignee, it will be open to the creditors who have not already obtained decree, to apply to the court for appropriate directions. Both the motions are disposed of accordingly.