- 1 - 145.11 rng IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRI.APPLN NO.145 OF 2011 Shri Nilesh Chandrakant Vaishnav..Applicant vs 1.M/s SHCIL Services Ltd 2.M/s Stock Holding Corpn of India Ltd .. Respts Mr.Shirish Gupte Sr.Adv a/w Mr.M.S.Mohite i.b.Mr.A.R.Kapadnis for Applicant Mr.D.N.Salvi for Respt no.3 Ms.R.V.Newtaon APP for State Ms.Pooja Srivastava Manager (Legal) Stock Holding Corpn of India Ltd present in court CORAM: K.U.CHANDIWAL, J DATE: 3rd October,2011 P.C. 1. Heard. Transfer of shares 3,30,000 of Respondent no.1 M/s HCIL services Ltd to Applicant and to Respondent no.2 is sought. 2. Though a history of entire litigation is informed in the Affidavit of the officer, however, on the statement of the learned - 2 - 145.11 counsel for the Applicant and Officers of Respondent No.1 namely Ms Pooja Srivastava Manager (Legal) equity shares of Respondent no.1 lying with CBI subject to criminal prosecution being Charge sheet No.11 of 2009 before 19th Additional Chief Metropolitan Magistrate court, Mumbai and (Court case No.1141/PW/2009, can be handed over for limited purposes of recording entries of transfer. 3. The CBI Officer in-charge of the case will carry question 3,30,000 shares of Respondent No.1 to the concerned Department/Office of Respondent nos. 1 and 2 to get necessary entry in respect of recording their names in the requisite shares pursuant to different Memorandum of Understanding arrived at between the parties. - 3 - 145.11 4. It is clarified transfer of the shares by virtue of today's orders will not adversely affect the on-going criminal case. It is only to ensure that civil litigation between the parties to which reference is given at page 42 in the order dated 12.8.2010 and Resolution at page 27G bearing signature dated 12.10.2009 of Vaishnav group, 5.10.2010 of SNN and 5.10.2009 of HCIL group, aforesaid arrangement permitted. Application allowed to the extent above. K.U.Chandiwal,J