Magma Fincorp Ltd. Vs. Juber and anr. - Court Judgment |
| Kolkata High Court |
| Sep-08-2010 |
| AP No.314 of 2010 |
| I . P. Mukerji, J. |
| Magma Fincorp Ltd. |
| Juber and anr. |
| Ms.H.Chakraborty, Adv. |
the court :-further to my order dated 15th july, 2010 the receiver met the respondent. the report filed by the receiver is taken on record. it appears from the report of the receiver that the receiver was able to locate the equipment but thereafter it was removed behind his back before he could take inventory or possession thereof. affidavit of service has been filed in court. it is submitted that the respondents have been served which submission is accepted. none appears for the respondents. at the suggestion of the learned counsel for the petitioner, prayer (b) is confirmed. the receiver will henceforth be an officer under the arbitrator. if the receiver or his agent is in a position to locate the equipment, he will be entitled to take possession thereof, but must seek ratification of such act from this court within two weeks from such date. receiver will be paid a further ad hoc remuneration of 700 gms. this application is, accordingly, disposed of. receiver and all parties concerned are to act on a signed photocopy of this order on the usual undertakings.
The Court :-Further to my order dated 15th July, 2010 the Receiver met the respondent. The report filed by the Receiver is taken on record. It appears from the report of the Receiver that the Receiver was able to locate the equipment but thereafter it was removed behind his back before he could take inventory or possession thereof.
Affidavit of service has been filed in Court. It is submitted that the respondents have been served which submission is accepted. None appears for the respondents. At the suggestion of the learned counsel for the petitioner, prayer (b) is confirmed. The Receiver will henceforth be an officer under the Arbitrator. If the Receiver or his agent is in a position to locate the equipment, he will be entitled to take possession thereof, but must seek ratification of such act from this Court within two weeks from such date. Receiver will be paid a further ad hoc remuneration of 700 GMs.
This application is, accordingly, disposed of.
Receiver and all parties concerned are to act on a signed photocopy of this order on the usual undertakings.