Full Order Text
Final Order 1 · 16 Oct 2019 · CNR MHCC010024982019
Order Details: Notice of Motion Pdf Text: N/m No. 943/19 in Suit No. 8589/99. 1 Order. IN THE BOMBAY CITY CIVIL COURT AT BOMBAY. NOTICE OF MOTION NO. 943 OF 2019 (CNR NO. MHCC010024982019) IN SUIT NO. 8589 OF 1999 (CNR NO. MHCC010069311999) (HIGH COURT SUIT NO. 2494 OF 1999) Smt. Sudha Shrikrishna Pendse ...Plaintiff Versus Mr. Shriram Maruti Pendse and Others ...Defendants CORAM : SHRI G.G.BHANSALI. (C.R.NO.31). DATE : 16th OCTOBER, 2019. Mr. Nagda, Advocate for Plaintiff. Defendant No.1 present in person. ORDER This is a motion taken out by plaintiff to sell the suit property by public auction and value / amount received in public sale be distributed as per the shares adjudicated by this Court in a Judgment dated 29/09/2016. 2. Perused reply submitted by defendants 1 and 2. 3. Ld. Advocate Nagda for plaintiff submits that shares are decided by the judgment dated 29/09/2016 and preliminary decree is -- 1 of 5 -- N/m No. 943/19 in Suit No. 8589/99. 2 Order. drawn by this Court. In view of said judgment, plaintiff entitled for 1/4th, defendant no.1 Shriram Pendse entitled for ½ and defendant no.2 Shailendra Pendse entitled for 1/4th share. Defendant no.2 Mr. Shailendra Pendse, party in person, admitted the argument of advocate Nagda. It is contended that it is observed by Court Commissioner / Architect Mr. H. Mehta that the suit property cannot be divided as per the shares considering the nature and location of the suit property i.e. carpet area of 434.15 sq.ft. It is not possible to distribute the property as per decision of this Court. It is necessary to sell the property. 4. Perused reply submitted by defendant no.1. Mr. Shriram Pendse, defendant no.1 submits that in view of then valuation in the year 1999, plaintiff has valued the suit property for Rs.3,00,000/ (Three Lacs). He is ready to purchase the suit property for Rs.3,00,000/. He is ready to pay the amount of Rs.75,000/ to plaintiff and defendant no.2 equally. 5. Defendant no.1 Mr. Shriram Pendse relied over Malati Ramchandra Raut V/s. Mahadevo Vasudeo Joshi (1991 AIR (SC) 700), wherein, it is observed that whenever the shares in question in the properties come to be sold to the persons entitled to buy them under Section 3, the price of those shares will have to be determined on the basis of the valuation made with reference to the time of accrual of the right. 6. It is replied by ld. Advocate Nagda for plaintiff that there are various rulings, wherein, it is observed that valuation of the suit property is to be counted when the right was accrued and application has been submitted by the concern. He relied over R. Ramamurthi -- 2 of 5 -- N/m No. 943/19 in Suit No. 8589/99. 3 Order. Iyer V/s. Raja V. Rajeswara Rao AIR 1973 SC 643. 7. Ld. Advocate Nagda relied on para no.4 in Gopal Mitra V/s. Kalipada Das (AIR 1987 Cal 210). 8. On perusal of affidavit of valuation submitted by plaintiff, the property valued through Commissioner / Architect Mr. Mehta. The ready reckoner value of the suit property is at Rs.88,41,546/. The market value is Rs.1,52,460/. It is submitted by ld. Advocate for plaintiff that present valuation of suit property and by around 1.20 to 1.50 Crores. Considering all above facts in total, there cannot be the valuation of Rs.3,00,000/ (three lacs) as suit property was valued in the year 1991. 9. Considering the nature of the suit property, there is no any option but to sell the property in public auction. Despite specific order of this Court, no valuation of the suit property has been submitted by defendant no.1 Shriram Pendse. 10. Court Receiver is appointed as officer to execute sale of suit property under Order 21 Rule 65 of CPC. Court Receiver to submit proposal of sale for confirmation to this Court after public auction. Court Receiver to maintain account of expenses incur for sell. Resultantly, motion is allowed in view of following terms : ORDER 1. Notice of Motion No. 943/2019 is allowed. 2. Court Receiver is appointed to call public auction of suit property i.e. Flat No.5, Hanuman Ramanand CHS, Vileparle (East). -- 3 of 5 -- N/m No. 943/19 in Suit No. 8589/99. 4 Order. 3. The base value of the suit property is fixed Rs.1,20,00,000/ (One Crore Twenty Lacs). 4. Court Receiver to begin the auction to from Rs.1,20,00,000/ onwards. 5. Plaintiff and defendant to incur expenses of public auction as per their share. 6. Plaintiff to deposit initial amount of Rs.10,000/ (Ten Thousand) with Court Receiver as expenses of public auction. 7. Rs.10,000/ directly be deposited in the office of Court Receiver. 8. N/m No. 943/19 is disposed off accordingly. (G.G.BHANSALI) Judge, City Civil & Sessions Court, Date : 16/10/2019. Mumbai. 1. Dictated on : 16/10/2019. 2. Transcribed on : 19/10/2019. 3. Signed on : 24/10/2019. 4. Delivered to Certified : Copy Section on “CERTIFIED TO BE TRUE AND CORRECT COPY OF THE ORIGINAL -- 4 of 5 -- N/m No. 943/19 in Suit No. 8589/99. 5 Order. SIGNED JUDGMENT/ORDER” UPLOAD DATE AND TIME NAME OF STENOGRAPHER 24/10/2019. 5.49 p.m. Miss M.A.Kulkarni Name of the Judge (with Court Room no.) HHJ Shri G.G.Bhansali. (Court Room No.31). Date of Pronouncement of Judgment/Order 16/10/2019. Judgment/Order signed by P.O. on 24/10/2019. Judgment/Order uploaded on 24/10/2019. -- 5 of 5 --
