* 1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COURT RECEIVER’S REPORT NO.79 OF 2010 IN ARBITRATION SUIT NO.2031 OF 1988 M/s.Farohar & Co & Ors. .. Plaintiffs versus Hemant Manohar Nabar & Ors. .. Respondents and Mangirish CHS Ltd & Ors. .. Addl.Respondents Mr.K.D.Juvekar for additional respondents. Mr.Gaurang Mehta for claimants. Mr.G.G.Ketkar, 1st Assistant to Court Receiver. CORAM : R.S.Mohite, J. DATE : 07th July 2010. P.C.: . In pursuance of my order dated 30th June 2010, the highest bidder who had earlier made an offer of Rs.2.22.00.000/- has now raised his offer to Rs.2.31.00.000/-. The new offer is above the value fixed by the valuer. The suggestion to accept the offer of Rs.2.31.00.000/- made by the highest bidder in respect of seven flats of the additional respondent No.1 situated at Mangirish Co-operative Housing Society, Shimpoli village, Borivali (West). The highest bidder is directed to deposit the balance amount within thirty days from today as per the terms and * 2 conditions of the auction sale and the Court Receiver is permitted to complete the sale in favour of the aforesaid purchaser. The Court Receiver will also make payment of the professional bill of M/s.Nadkarni and Company, Valuer, in accordance with the scale of fees fixed by this Court. The amount as deposited by Miti Investments and Consultant Services Pvt Ltd may be refunded without interest. Report is disposed of. (R.S.MOHITE, J)