1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO. 424 of 2007 BIFR NO. 306 of 1998 B.I.F.R. ....Petitioner v/s. M/s. Swaroop Steels Ltd. ....Respondents G.B. Kedia for the petitioner. M. Chandanamuthu-Dy. O.L. Present. CORAM:- A.M.KHANWILKAR, J DATED:- June 18, 2009. P.C. This Petition is registered on the basis of recommendation made by BIFR in its order dated 8/11/2006 to wind up the Respondent company. However, Counsel for the Respondent company points out that the said order has since been set aside by the AAIFR in terms of order dated 6/2/2009 and the matter has been sent back to the BIFR for reconsideration in accordance with the observations of the AIFR. Zerox copy of AIFR order is produced. The same is taken on record. Since the basis on which present petition has been registered 2 has disappeared, the question of proceeding with the proposed winding up action cannot be continued. In the circumstances, the Company Petition is disposed of. (A.M.KHANWILKAR, J)