:1: IN IN IN THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY THE HIGH COURT OF JUDICATURE AT BOMBAY IN IN IN INSOLVENCY INSOLVENCY INSOLVENCY REPORT REPORT REPORT NO. 149 OF 2006 NO. 149 OF 2006 NO. 149 OF 2006 IN IN IN INSOLVENCY INSOLVENCY INSOLVENCY NO. 135 OF 1949 NO. 135 OF 1949 NO. 135 OF 1949 Re.: Sudhir Laxman Hendre. ... Insolvent. Ex-parte : A.N. Chaiwalla. ... Petitioning Creditors. ..... Mr. G.G. Ketkar, 1st Asstt. to Official Assignee. ..... CORAM CORAM CORAM : DR. D.Y. CHANDRACHUD,J. : DR. D.Y. CHANDRACHUD,J. : DR. D.Y. CHANDRACHUD,J. 22ND 22ND 22ND DECEMBER, 2006. DECEMBER, 2006. DECEMBER, 2006. P.C. P.C. P.C. : : : 1. The Official Assignee has already declared a first Dividend of Rs.0.100 ps. in a rupee on 9th October 2003. After taking necessary instructions, incharge Official Assignee has stated that he is in a position to declare interest at the rate of Rs.6.00% per annum. No further recoveries are possible in the estate. 2. The total funds lying in the account of the estate of Rs.38,211.54. The Assignee has also prayed for an order of annulment under Section 21(1) of the Presidency Towns Insolvency Act, 1909. 3. The report is made absolute in terms of prayer clauses (a) and (b). -----