1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO. 1603 OF 2009 M/s. L. Natwarlal & Co. & Ors. .. Petitioners Vs Dena Bank. .. Respondent -- Shri R.N. Narulla i/by Rubia Taneja for the Petitioners. Shri Sanjay Dubey i/by M.V. Kini & Co. for the Respondents. -- CORAM : SWATANTER KUMAR, C.J. & A.M. KHANWILKAR, J DATED : 27TH NOVEMBER, 2009 P.C. We have heard learned counsel appearing for the parties. We dispose of the present Writ Petition only with a modified direction to the effect that time to deposit the sum of Rs.2 crores as directed by the Debts Recovery Appellate Tribunal, Mumbai, is extended by four weeks from today. If the said amount is deposited within a period of four weeks from today and the receipt thereof is furnished to the Respondent/Bank as well within the said period, the sale shall not be confimred but the auction proceedings can continue. 2. We further make it clear that in the event of default, not only the sale would be confirmed but all the steps in furtherance would also be continued by the bank without reference to the Court. 2 We further make it clear that the sale need not be confirmed for a period of four weeks from today and benefit of this order would automatically come to an end on the expiry of the said period of four weeks without any further reference to the Court. In the event, compliance of this order is made and the amount is depsoited, the appeal filed by the Petitioners would be heard on its own merits by the Debts Recovery Appellate Tribunal, Mumbai, without being influenced by this interim order and further order would have to be passed by the said Tribunal which will operate after expiry of the said period of four weeks. Writ Petition accordingly disposed of with no order as to costs. CHIEF JUSTICE A.M. KHANWILKAR, J