IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY APPLICATION (STAMP) NO.1248 OF 2008 IN COMPANY PETITION NO.345 OF 2006 IN BIFR CASE NO.77 OF 2002 B.I.F.R. ...Petitioner And M/s.Akanksha Enterprises ...Applicant And M/s.Meltron Semiconductors Ltd. ...Ori.Respdt. (In Liquidation) And Official Liquidator ...Respondent ...... Mr.Vishnu Solanki for Applicant. Mr.S.Ramakantha, Dy.Official Liquidator is present. ...... CORAM: A.M.KHANWILKAR, J. CORAM: A.M.KHANWILKAR, J. CORAM: A.M.KHANWILKAR, J. DECEMBER 4, 2008. DECEMBER 4, 2008. DECEMBER 4, 2008. P.C. 1. Not on Board. Upon mentioning, taken on Board. 2. Heard Counsel for the Applicant. Inspite : 2 : of indulgence shown in terms of order dated November 17, 2008, the Applicant has not deposited the outstanding amount along with interest at the rate of 14% thereon. 3. It is not possible to accept the request to extend time by additional six weeks as prayed. In fact, as per the terms and conditions of the sale, on account of non deposit of the amount within time, the EMD amount deposited by the Applicant stood forfeited. Inspite of that, indulgence has been shown in the past to the Applicant which has not been availed. 4. Realising that the Application will be rejected, Counsel for the Applicant submits on instructions of Mr.Mohinder Singh, Authorised signatory of M/s.Akanksha Enterprises that the Applicant be granted at least one week’s time. Once again, it is made clear that although the request of the Applicant will have to be rejected, but by way of one more indulgence and as last opportunity, Applicant is granted one week’s further time from today to deposit the outstanding : 3 : amount in terms of order dated 17th November 2008. The condition specified in the said order shall remain as it is notwithstanding extension of time by one week from today. 5. If the entire amount including interest is deposited by the Applicant within the extended time as aforesaid, Official Liquidator to proceed in the matter appropriately. 6. Application disposed of on the above terms. A.M.KHANWILKAR, J.