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Ram And Company And 2 Ors vs Polyvin Industries And 2 Ors And ...
2021 Latest Caselaw 16623 Bom

Citation : 2021 Latest Caselaw 16623 Bom
Judgement Date : 1 December, 2021

Bombay High Court
Ram And Company And 2 Ors vs Polyvin Industries And 2 Ors And ... on 1 December, 2021
Bench: A. K. Menon
                                           IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                                 ORDINARY ORIGINAL CIVIL JURISDICTION
                                                        SHERIFF REPORT NO. 65 OF 2021
                                                                   WITH
                                                       SHERIFF'S REPORT NO. 66 OF 2021
                                                                     IN
                                   COMMERCIAL EXECUTION APPLICATION NO. 1728 OF 2018


                        Ram and Company and Ors.                                  ...      Applicants
                                 vs.
                        Polyvin Industries and Ors.                               ...      Respondents
                                 and
                        Mrs. Parul Kishore Parekh                                 ...      Obstructionist


                                                                   WITH
                                                  CHAMBER SUMMONS NO. 1120 OF 2019
                                                                     IN
                                   COMMERCIAL EXECUTION APPLICATION NO. 1728 OF 2018


                        Ram and Company and Ors.                                  ...      Applicants
                                 vs.
                        Polyvin Industries and Ors.                               ...      Respondents
                                 and
                        Ms. Aarti Jitendra Ghiya                                  ...      Obstructionist


                        Ms. Megharanjani Chandu i/b. Ms. Priyal Sheth for the Claimants/Decree
                        Holder.
                        Ms. Ankita Upadhyay Tiwari i/b. M/s. K. P. Tiwari & Co. for the Respondents.
                        Mr. K. K. Naik, representative from the Office of Sheriff of Mumbai.


                                                                       CORAM : A. K. MENON, J.

DATED : 1st DECEMBER, 2021

Digitally signed by RAJESHWARI RAJESHWARI RAMESH RAMESH PILLAI PILLAI Date:

2021.12.03 10:37:21 +0530

23-comex-1728-2018-connected matters.odt rrpillai P.C. :

Sheriff Report No. 65 of 2021

1. The Sheriff's office has sought further directions in respect of proposal

to sell 50% of the right title and interest of respondent no. 2 in property

situated at Flat no. 402, Sarena Building, C-Wing, 4 th Floor, Shanti Park,

Ghatkopar (East), Mumbai-400 077.

2. An affidavit has been filed in the Chamber Summons No. 1120 of

2019 by Aarti Jitendra Ghiya who claims to be entitled to a share in the

property. The affidavit of the obstructionist is taken on file. The property is

residential flat in Flat no. 402, Sarena Building, C-Wing, 4 th Floor, Shanti

Park, Ghatkopar (East), Mumbai-400 077. The shareholders are Jitendra

Bhogilal Ghiya and deponent of the affidavit. The agreement for sale under

which it was purchased is dated 5 th February, 1985 and it appears that the

document is presently in the custody of the collector of stamps for non

payment of stamp duty.

3. Learned Advocate for the respondents and obstructionists state that

the respondents no. 2 and the deponent are not in a position to pay stamp

duty. She has however produced the original share certificate in court today.

She submits that she has opposed to the proposal of the Sheriff to offer 50% of

the right title and interest for sale. In any event the Sheriff proposes to act

on the request of the judgment creditor / decree holder to offer the premises

for sale and has proposed a schedule for auction sale.

23-comex-1728-2018-connected matters.odt rrpillai

4. The Valuation Report has been produced from the Panel of Valuers

and is presented in court today and considering the value of the reserved

price is now fixed. I therefore pass the following order :

(i) Sheriff report no. 65 of 2021 is therefore allowed in terms of prayer

clause (a), (b) and (c) incorrectly numbered as (d).

(ii) Proposed schedule for auction is approved.

(ii) Valuation report shall be put back in the sealed cover.

(iii) Sheriff's Report no. 65 of 2021 is disposed.

(iv) In the meantime vakalatnama of M/s. K.P.Tiwari & Associates shall be

filed by 4th December, 2021.

(v) The share certificate is handed over to the representative of the Sheriff

of Mumbai in Court today.

Sheriff's Report No. 66 of 2021.

1. In Report No. 66 the Sheriff seeks a direction in respect of sale of

Commercial property being Office No. 202, 2 nd Floor, Sai heritage Building,

Tilak Road, Ghatkopar (E), Mumbai-400 077.

2. At the request of Advocate for judgment debtor who seeks to file

vakalatnama list on 8th December, 2021 along with Interim Application no.

1814 of 2019.

(A. K. MENON, J.)

23-comex-1728-2018-connected matters.odt rrpillai

 
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