OWN PETITION/MEHUL JAGDISH TRIVEDI vs MEHUL JAGDISH TRIVEDI

Judgment text excerpt

HMK 1 05. INPT-01-2025.doc IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION IN ITS INSOLVENCY JURISDICTION Digitally SAYYED signed by SAEED SAEED SAYYED ALI INSOLVENCY PETITION NO. 01 OF 2025 ALI AHMED ALI AHMED Date: 2025.11.20 ALI 11:29:55 +0530 Mehul Jagdish Trivedi Aged 33 years, Occ. Service, R/a. F-202, Sattellite Park, Gufa Road, Jogeshwari (E), Mumbai-400 060. ….Petitioner (Debtor) Versus Manisha Mehul Trivedi Aged 32 years, Occ. Service, R/a. C/o. Harshad Kumar Chawda, 1/2, Shantiniwas, Near French Bridge, Chowpatty, Mumbai-400 007. .…Objector/ Respondent (Creditor) __________________________________________________________________ Mr. Siddh Pamecha i/by Mr. Kuber Wagle for the Petitioner (Debtor). Ms. Rekha Rane, Insolvency Registrar present. __________________________________________________________________ CORAM : JITENDRA JAIN, J. RESERVED ON : 14th NOVEMBER, 2025 PRONOUNCED ON : 20th NOVEMBER, 2025 JUDGMENT : 1. This petition is filed under Section 14 of the Presidency-Towns Insolvency Act, 1909 (Insolvency Act) by the petitioner seeking a declaration that the petitioner be declared as an insolvent under the provisions of the said Act and further seeks stay of the execution proceedings in respect of an order dated 17 th May, 2021 passed by the Family Court, Mumbai, whereby the petitioner was directed to pay HMK 2 05. INPT-01-2025.doc maintenance of Rs.25,000/- per month under Section 125 of the Code of Criminal Procedure (Cr.P.C.). Brief Facts :- 2. The petitioner-husband is a dance teacher staying in suburb of Mumbai and the respondent-wife is staying in South Mumbai. 3. On 28th January, 2014 petitioner-husband and respondent-wife tied marital knot. Within 2 months of marriage, there were differences resulting into dispute re