1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE CIVIL APPLICATION NO.4366 OF 2005 IN FIRST APPEAL NO.1861 OF 2005 M/s.Swill Ltd. (now Shalimar Wires Industries Ltd.) & Anr. Appellants vs. The Municipal Corporation of the City of Nasik. Respondent Mr.M.M.Sathaye for the appellants. CORAM : R. M. LODHA & A.S.BAGGA, JJ. DATED : 5th June, 2006 P.C. Heard Mr.M.M.Sathaye, the counsel for the appellant-applicant. Nobody appears for the respondent despite service. 2. The Counsel for the appellant placed before us the order passed by the Board for Industrial and Financial Reconstruction (BIFR) on 30th January, 2006 in the matter of the appellant-company being a Sick Industrial Undertaking. 3. Having perused the order dated 30th January, 2006, we are satisfied that the implementation and execution of the impugned decree deserves to be stayed. 2 4. We order accordingly. 5. Civil Application stands disposed of. (R.M. (R.M. (R.M. LODHA,J.) LODHA,J.) LODHA,J.) (A.S. (A.S. (A.S. BAGGA,J.) BAGGA,J.) BAGGA,J.)