LISTED ON : 20.03.2015 BEFORE COURT NO.: ITEM NO.:

SECTIONIX IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION

PETITION FOR SPECIAL LEAVE TO APPEAL (CIVIL) NO. 34102 OF 2014 WITH PRAYER FOR INTERIM RELIEF WITH

INTERLOCUTORY APPLICATION NOS. 4 AND 5

(Application seeking transposition of Respondent No. 6 as petitioner filed by Mr. C.S. Ashri, Advocate alongwith application for exemption from filing Official Translation) AND INTERLOCUTORY APPLICATION NO. 6

(Application for cancellation of Sale)

VISHWASRAO BAJIRAO PATIL AND OTHERS ...PETITIONERS

VERSUS-

STATE OF MAHARASHTRA AND OTHERS ...RESPONDENTS

REVISED OFFICE REPORT

The matter above mentioned was listed before the Hon'ble Court on 09th March, 2015, when the Court was pleased to pass the following Order:

"It has been submitted by the learned counsel for the petitioners that the property, which has been sold by the creditor-Bank, is worth Rs. 150 crores and yet the property has been sold at the auction for Rs. 33.75 crores.

It has been submitted by the learned counsel for the petitioners that the petitioners will manage to get a buyer, who is prepared to offer at least Rs. 50 crores for the said property and the petitioners shall deposit Rs. 25 lakhs with the creditor-Bank to show the bonafides of the petitioners on or before 20.03.2015.

List on 20.03.2015.

It is clarified that if no buyer is brought by the petitioner before the next date of hearing, the Special Leave Petition shall stand dismissed and the amount so deposited, shall be forfeited.

On the next date of hearing, the buyer, who is ready to purchase the property, shall be ready with a Demand Draft for Rs. 5 crores in

favour of the creditor-Bank."

Contd...2/

2

It is submitted for information of the Hon'ble Court that Mr. Ravindra Keshavrao Adsure, Advocate has filed counter affidavit on behalf of Respondent No. 5 and the same is being circulated before the Hon'ble Court with this report. Respondent No. 10 is represented by Ms. Abha R. Sharma, Advocate but no counter affidavit has been filed so far.

It is further submitted that Mr. C.S. Ashri, Advocate has entered appearance on behalf of Respondent No. 6 and has filed an application seeking transposition of Respondent No. 6 as petitioner alongwith application for exemption from filing Official translation. The said applications have been registered as Interlocutory Application Nos. 4 and 5 and the same are being circulated before the Hon'ble Court with this report.

It is lastly submitted that counsel for the petitioner has on 19.03.2015 filed an application for cancellation of Sale without addressing to the Hon'ble Court. Since the matter is on board, the same has been registered as I. A. No. 6 and is being circulated before the Hon'ble Court

Service of notice is not complete on Respondent No. 7.

The matter along with applications above mentioned is listed before the Hon'ble Court with this report.

Dated this the 19th day of March, 2015.

ASSISTANT REGISTRAR

Copy to:

MR. SUDHANSHU S. CHOUDHARI, ADVOCATE MR. JATIN ZAVERI, ADVOCATE MR. C.S. ASHRI, ADVOCATE MS. ABHA R. SHARMA, ADVOCATE

ASSISTANT REGISTRAR